Tuesday, November 5, 2013

Marc Faber cautions economies not growing

The U.S. is hardly growing. Growth came from emerging markets and these emerging economies are essentially today in a no-growth environment. 

I live in Asia, so I am quite familiar on my observations on the ground. We have no recession that is visible. It is often seen like a pain. But we’re just at the high level of economic activity; no longer growing.

Read full text at Marc Faber Blog

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