The monetary policies in the U.S. have been a disaster

The monetary policies in the U.S. have been a disaster but has boosted growth in China because increased consumption in the U.S. led to increased exports from China. For the first time in economic history the emerging markets are larger than the developed world. This will bring about geo-political tensions, especially from the southern Chinese sea. - Marc Faber at the Ira Sohn Conference


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