Faber: The frame of mind of American economic policymakers
Source: http://www.investmentpostcards.com/2009/06/12/faber-the-frame-of-mind-of-american-economic-policymakers/Posted on Friday, June 12th, 2009 | In Bonds, Market Commentary
Contributed by: Prieur du Plessis (http://www.investmentpostcards.com) -
“I seldom become depressed, but when I consider that prosperity is created by ‘peace, easy taxes and a tolerable administration of justice’ I really think the US and other Western governments are doing their very best to impoverish their countries,” said Marc Faber in a thought-provoking two-part article published by The Daily Reckoning.
Hong Kong-based Faber, editor of The Gloom, Boom and Doom Report and Tomorrow’s Gold, pulls no punches in his assessment of the economic policies being pursued by the US administration.
Click here for Faber’s full report.
Source: The Daily Reckoning (Part 1 & Part 2), June 10 & 11, 2009.
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Tags for this Post:
Bonds, Cape Town, investment postcards, Marc Faber, Market Commentary, The Daily, The Gloom;, United States, US administration
Bonds, Cape Town, investment postcards, Marc Faber, Market Commentary, The Daily, The Gloom;, United States, US administration
 About Prieur du Plessis (http://www.investmentpostcards.com)
Prieur du Plessis has 25 years’ experience in professional investment research and portfolio management. More than 1,000 of his articles on investment-related topics have been published in various regular newspaper, journal and Internet columns. He has also published a book, Financial Basics: Investment. Prieur is chief executive and principal shareholder of South African-based Plexus Asset Management, which he founded in 1995. The group conducts investment management, investment consulting, private equity and real estate activities in South Africa and other African countries. Plexus is the South African partner of John Mauldin, author of the Thoughts from the Frontline e-letter, and also has an exclusive licensing agreement with California-based Research Affiliates for managing and distributing its enhanced Fundamental IndexTM methodology in the Pan-African area. Prieur is 52 years old and lives with his wife, television producer and presenter Isabel Verwey, and two children in Cape Town, South Africa. His recreational activities include long-distance running, motor cycling, traveling and reading. |
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