Marc Fabers comment on US economy:Investment analyst and entrepreneur, Dr. Marc Faber concluded his monthly bulletin with the Following: The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on Gasoline it goes to the Arabs. If we buy a Computer it will go to India. If we purchase Fruit and Vegetables it will go to Mexico, Honduras and Guatemala. If we purchase a good Car it will go to Germany. If we purchase useless crab it will go to Taiwan and none of it will help the American economy. The only way to keep that money here at home is to spend it on Whiskey and Beer, since these are the only products still produced in US.
Posted on: Wed, 15 Oct 2014 02:15:53 +0000
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