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Marc Faber: Asia: If You Talk To Businessmen, Business Has Definitely Slowed Down Considerably

Sunday, September 9, 2012 11:10
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(Before It's News)

Be prepared for the next great transfer of wealth and the collapse of fiat currencies around the world. Buy physical silver and storable food.

World renown author and forecaster Marc Faber’s [Tomorrow's Gold: Asia's age of discovery, Riding the Millennial Storm: Marc Faber's Path to Profit in the Financial Markets,The Great Money Illusion; The Confusion Of The Confusions] latest take on the situation:

(In) some countries, you know, like vietnam car sales are down 40 percent, steel production or steel usage is down 40 percent from the peak a few years ago. So we have in some countries already a meaningful slowdown and by and large if you talk to businessmen, business has definitely slowed down considerably. – in CNBC 

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



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