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.

The low interest rates and the Crisis

Marc Faber told Ira Sohn Conference : "The low interest rates led to over allocation of capital to the whole housing sector. The Federal Reserve did not realize the crisis until 2007, when the Fed started lowering rates. They also did not realize how widespread the problem was."


Related ETFs: SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG) Agriculture Fund (DBA), ProShares UltraShort 20+ Year Trea (ETF) (NYSE:TBT), iShares Barclays 20+ Yr Treas.Bond (ETF) (NYSE:TLT) United States Oil Fund (USO), SPDR Gold ETF (GLD), Powershares DB Agriculture ETF (DBA) SPDR S&P 500 ETF (NYSE:SPY), SPDR Dow Jones Industrial Average ETF (NYSE:DIA), iShares Russell 2000 Index (ETF) (NYSE:IWM), PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ)
Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.