Marc Faber blog
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Locality: New York, New York
Address: 250 Park Ave 10017 New York, NY, US
Website: DrMarcFaber.blogspot.com
Likes: 3275
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Most people have already sold their Gold because that's their only thing they made money on.
Money printing lifts financial assets. This kind of illusion of wealth has bypassed the majority of people who are not participating in this Asset Inflation. In America 50 percent of the people have no money.
The problem with rising assets is that it may increase wealth concentration.
We are moving straight into Socialism. Im afraid this will be negative for the US Dollar.
August 2020 Monthly Report
Young people in America seem to prefer Socialism. Millenials think the Government should do more.
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