Marc Faber : China Not Greece The Biggest Risk to Global Economy

Monday, May 21, 2012

Marc Faber : China Not Greece The Biggest Risk to Global Economy

Marc Faber : "I think the biggest risk is actually China because if you look at Greece, it's an insignificant economy," “Capital Connection.” "Yes, they owe money, but the market knows that it's bankrupt." Marc Faber said on CNBC Asia's last Friday "In turn, this has a huge impact on the economies of countries like Brazil, the Middle East, Central Asia, Africa, and Australasia, so these countries could slow down meaningfully," he added

Dr. Marc Faber Tomorrow's Gold

Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.