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Saturday, September 3, 2011

There is hardly any growth in the western world

Marc Faber : I think we never really came out of the last recession in many different sectors of the economy, although in some sectors we came out. And when you look at the world, the emerging market has continued to grow throughout the period from 2008 up to today. There is a slow down occuring in emerging economies but in the western world there is hardly any growth. - in CNBC

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

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