So, relative to Government Bonds, equities are attractive and if you really think it throughand you are as bearish as I am and you think the whole financial sysytem will one day collapse...we don`t know if in 3 years, 5 years or 10 years...but one day there will be a reset and everybody will essentially start at new.
So you`re better off in equities than in governemnt bonds because a lot of government bonds will either default or they will have to print so much money that the purchasing power of money will depreciate very rapidly. - excerpt from a in Bloomberg TV interview
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
