| “Pensions and Bonds Are Useless In This Recession as Fed And Banks Are Sleeping For 12 Years”-Marc Faber Marc Faber is telling a harsh reality about pensions and bonds that they seldomly grow and because the inflation is 39% up, he asks if any bond or pension goes up by 40%. NO, so there is no point that these can protect Pensioners from the Inflation Storm. About Marc Faber: Marc Faber is a Swiss investor based in Thailand. He is the publisher of the Gloom Boom & Doom Report newsletter and the director of Marc Faber Ltd, which acts as an investment advisor and fund manager. During the 1970s, Faber worked for White Weld & Co. in New York City, Zurich, and Hong Kong. He moved to Hong Kong in 1973. He was also a managing director at Drexel Burnham Lambert Hong Kong] from the beginning of 1978 until the firm's collapse in 1990. In 1990, he set up his own business, Marc Faber Limited. Faber now resides in Chiang Mai, Thailand, though he keeps a small office in Hong Kong Credits: Marc Faber: A Massive Systemic Shock Is Coming & The Fed Is Actively Courting It -Po Channel: Wealthion Copyright notice: The videos we make inherently toe the line with copyright. We do our best to add value to the video and transform it to fit under Section 107 of the Copyright Act 1976. Our videos include major influencers like Robert Kiyosaki, Graham Stephan, Ray Dalio, Warren Buffett, and many more. If there is any problem, please leave a comment, and we will delete the video right away. Our goal is not to try and steal, but to share and spread the ideas and values of these great minds. Please, if you feel our video is not being used appropriately, reach out to us, and we will make it right! - Only bits of the original work is used to help get the point across. - This video has no intended negative effects on the original work and helps promote it. - If there are any issues with this video, please leave a comment, and we will remove this video. - The video is made for entertainment and inspirational purposes only. - This video IS NOT financial advice. 👉 FINANCIAL DISCLAIMER This channel is intended to share tips and investment videos by experts. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your research before making any financial action. #MarcFaber #themarkettalk #pension #bonds #recession |
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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