Marc Faber on US Government

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles.

But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates



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

US Dollar, Singapore Dollar, Malaysian Ringgit

I bought Treasury bonds and I have a lot of cash. It is mostly in U.S. dollars. I also have Singapore dollars, and Malaysian ringgit.

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