Wealth Building: Global Financial Markets Update by Marc Faber

Fed Monetary Policy Will Destroy World

Dr Marc Faber was born in Zurich, Switzerland. He went to school in Geneva and Zurich and finished high school with the Matura. He studied Economics at the University of Zurich and, at the age of 24, obtained a PhD in Economics magna cum laude. Between 1970 and 1978, Dr Faber worked for White Weld & Company Limited in New York, Zurich and Hong Kong. Since 1973, he has lived in Hong Kong. From 1978 to February 1990, he was the Managing Director of Drexel Burnham Lambert (HK) Ltd. In June 1990, he set up his own business, which acts as an investment advisor and fund manager.

Marc Faber is a Swiss investor, investment advisor and fund manager. He also serves as director or advisor of a number of investment funds that focus on emerging and frontier markets, has a reputation for being a contrarian investor and has been called “Doctor Doom” for a number of years. Faber makes numerous appearances on television around the world and is an interesting person to follow from a global economic perspective. In this interview, filmed in mid November, Marc shares his views on the impacts of money printing, global policy makers, where he is putting his money and some forecasts.

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