"But eventually if you print money, the purchasing power of money will lose value and what will happen is stocks will adjust on the upside. If you believe in equities, I would rather buy Vietnamese shares than US shares because I can make the case that the economy there will grow much faster than in the United States, from a much lower levels admittedly. Or I would buy Indian, Chinese or Malaysian shares. I think they are better alternative than U.S. stocks.”
in CNBC
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world. Dr. Doom also trades currencies and commodity futures like Gold and Oil.