| Marc Faber Monthly Market Commentary: The other day, I came across an essay that aroused my interest because of its title: Universal Basic Income: A Dream Come True for Despots by Antony Sammeroff (he is the author of Universal Basic Income – For and Against. According to Sammeroff, although there are “heated disagreements between economists on just about every issue under the sun, there is probably one point that they are all actually unanimous on. That is the fact that every policy has winners and losers. Given that human wants are infinite but our means towards attaining those wants are limited, policies, by their nature, advantage some groups at the expense of others.” ? More news: http://gestyy.com/w9o39U ? Help The Channel:: http://gestyy.com/w8MzbV ? Subscribe: https://www.youtube.com/channel/UCPQk3bzKKmTUocFCTJDSR4g original: https://www.youtube.com/watch?v=oc4sTL-vF9s |
Marc Faber (born February 28, 1946) is a Swiss investor based in Thailand. Faber is publisher of the Gloom Boom & Doom Report newsletter and is the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. Faber also serves as director, advisor, and shareholder of a number of investment funds that focus on emerging and frontier markets, including Leopard Capital’s Leopard Cambodia Fund and Asia Frontier Capital Ltd.'s AFC Asia Frontier Fund.
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