in the 1950's no one in my little hometown even knew who was in Washington DC !! It was never a topic of conversation. Today, the gov needs to reduce itself by at least 75% or more in order for the rest of the population to be free.
You know you've been in this space a long time, when you can recognize how much older people have gotten. Marc Faber was super active around the Greek Debt Crisis in 2011 and he wound down in the years afterwards. Great to see him ! (though of course he has been around and active).
Good times make weak man. Bad times make strong man. There are no strong leaders like Mr Lee Kuan Yew anymore. ( He said EU will fail ) In Gold I Trust. The Printing Machine will be working overtime, and when too much money chases too few goods, we all know what happens. Dr Marc Faber is old school with a wealth of knowledge, expertise and experience, when he talks, I listen. Thank you.
“Dank Kai, once again an enlightening episode. Mr. Faber has clear insights and years of experience. A smart man who, unfortunately, also confirms that politics has taken over the workings of the market.
16:13…so true. Socialism is not only destroying western economies it is also making people lazy and poor. However one does not have to go along with the crowd. There are still opportunities out there should you take Dr. Faber’s advice. All the best.
What? Devaluing labor with deficit spending and has made people lazy and poor. Why work hard when the guy sitting on his ass with a large stock portfolio is stealing from your productivity and wages through money printing. This is what happens when you deleverage money and hard work all so the capital class (which I'm part of) can rob everyone? We live in a fascist world now with an unholy merger of corporate and state
That was great. I love listening to Marc. Have to say, I agree with everything he says. I live in Thailand also, and feel that it's strong culture will protect it, to a large degree, from the coming global crisis. Serious subjects with much humour. Thanks Kai.
The only government that exists is the government for the DISTRICT OF COLUMBIA which is The UNITED STATES CORPORATION..... see the ACT OF 1871 and their 28 USC section 3002 (15) A,B,C.😮
I'm also in Europe, in Ireland. Ireland does 'Boom & Bust' as a small open economy 'differently' than other countries. Ireland grows very fast in 'booms' & then Recovers even faster from 'downturns'. Boom in the 'Celtic Tiger era' to Bust in the 2008 'financial crisis' & quickly to boom again (today). Largely due to US companies having their EU bases in Ireland (most Nasdaq big Tech & big Pharma) have their HQ's in Ireland. Why based in Ireland? Not a NATO country but 'very' friendly to the USA, including access to the military via Shannon Airport as a 'de facto' US 'base'. Also, a common English language (and since Brexit, the only country in the EU). Both countries have similar "Common Law" (both based on English Law principles). Ireland has for a long time 'low corporate tax' (but NOT a tax haven) & also pro-business (centre right) governments (in a stable 'pro business' economy). Recent elections have again elected the current pro-business government for 'yet' another 5 years (until 2030 !). Also Ireland values a highly educated workforce (with free education & no student loan debt !) and also there is a strong 'cultural' relationship between the USA & Ireland (this is Huge - 35 Million US citizens identify as 'Irish'). Even the time zone is important. At 9am eastern time in New York = 2 pm in Ireland (not 3pm in Germany), more hours to do business & Trade Unions are weak so workers often work to 6pm (lunchtime in USA). And, another important point: Irish companies in the USA employ more US citizens than US multinationals do in Ireland. Look to the Irish to do 'deals' with the Trump government. Ireland is now also 'Reducing' the government debt not engaging in further QE ! As indicated, Ireland operates 'economy' differently to other countries . So (as for your intro) "insights on Europe's economic outlook", Look to Ireland to 'lead' as a Strong 'pro-EU' country both 'able & willing' to do so !!
Point in matter nobody is talking about America debt 36.2 trillion and counting. Trump never talked about it in the election. The will talking about after he's in January 20 .print money more fiat and inflation will take of and the debt will soar.
Let the people check the government every penny should be available to check - nobody's will like to work for government, the main issue is "CORRUPTION "
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Marc Faber is so intelligent, I always learn from him
That man just hit the nail on the head,government is a cancer ♋️.
in the 1950's no one in my little hometown even knew who was in Washington DC !! It was never a topic of conversation. Today, the gov needs to reduce itself by at least 75% or more in order for the rest of the population to be free.
And we are all infected!
Excellent information guys. Thanks
Glad you enjoyed it! Thanks 👍
Feels a bit like Fort Knox is empty... LOL. "The Emperor has no Clothes"
It is empty
Dr Farber is a gem....a real treasure of historical and contemporary knowledge. i always learn from him
You know you've been in this space a long time, when you can recognize how much older people have gotten.
Marc Faber was super active around the Greek Debt Crisis in 2011 and he wound down in the years afterwards.
Great to see him ! (though of course he has been around and active).
Marc is one of the greats.
I snipped the part where Dr. Faber was talking about the envy of socialists and sent it to the family chat channel. Perfect, thank you Dr.
Good times make weak man. Bad times make strong man. There are no strong leaders like Mr Lee Kuan Yew anymore. ( He said EU will fail )
In Gold I Trust. The Printing Machine will be working overtime, and when too much money chases too few goods, we all know what happens.
Dr Marc Faber is old school with a wealth of knowledge, expertise and experience, when he talks, I listen.
Thank you.
Me too!
I hate when I hear boomers say this. You're the weak men who created the hard times!
“Dank Kai, once again an enlightening episode. Mr. Faber has clear insights and years of experience. A smart man who, unfortunately, also confirms that politics has taken over the workings of the market.
Faber is on fire! Your best interview yet, keep up the great work:)
Dr. Faber is my favorite! His opinions carry wisdom and value!! 😊
♥to listen to Marc! I can listen to him all day long. 👍🏾
Just love this guy and his wisdom and his chuckle, and I get such a kick out of that he has a smoke❤🇨🇦
Thank you for addressing Europe and would love to see more of that!
Marc is #1. No question. Best guy to listen to. A true high intelligence guy. The best.
Best interview yet….loved it. Do it again👍
Gruss von SüdAfrika
16:13…so true. Socialism is not only destroying western economies it is also making people lazy and poor. However one does not have to go along with the crowd. There are still opportunities out there should you take Dr. Faber’s advice. All the best.
What? Devaluing labor with deficit spending and has made people lazy and poor. Why work hard when the guy sitting on his ass with a large stock portfolio is stealing from your productivity and wages through money printing. This is what happens when you deleverage money and hard work all so the capital class (which I'm part of) can rob everyone?
We live in a fascist world now with an unholy merger of corporate and state
That was great. I love listening to Marc. Have to say, I agree with everything he says. I live in Thailand also, and feel that it's strong culture will protect it, to a large degree, from the coming global crisis. Serious subjects with much humour.
Thanks Kai.
Ignore History and you're Doomed to repeat it!
37:02,...This is why I LUV Dr. Marc Faber!.....😁😁😁❤
Government pays me 15k per month for doing nothing.
I love this guy! He speaks the inconvenient truth!
Marc Faber and Martin Armstrong are the best!
@50:48. Kai , was that a smirk on your face when Dr. Farber leaned forward and let one rip? You looked semi-amused. Anyway great interview!!!
Top class interview, top class quest
Probably my favourite guest
Love Dr Farba ❤
Thanks!
Great job!
Thank You!
Only one word to understand here, GOLD!
Dumber than ke mala??is it possible?
Who we got here? Marc Farber? Gonna listen. He knowz who controls the chains of slavery today 😂
The only government that exists is the government for the DISTRICT OF COLUMBIA which is The UNITED STATES CORPORATION..... see the ACT OF 1871 and their 28 USC section 3002 (15) A,B,C.😮
The philosopher writer Thomas Hobbs argued convincingly that a benevolent dictator was the best form of government.
I'm also in Europe, in Ireland. Ireland does 'Boom & Bust' as a small open economy 'differently' than other countries. Ireland grows very fast in 'booms' & then Recovers even faster from 'downturns'. Boom in the 'Celtic Tiger era' to Bust in the 2008 'financial crisis' & quickly to boom again (today). Largely due to US companies having their EU bases in Ireland (most Nasdaq big Tech & big Pharma) have their HQ's in Ireland. Why based in Ireland? Not a NATO country but 'very' friendly to the USA, including access to the military via Shannon Airport as a 'de facto' US 'base'. Also, a common English language (and since Brexit, the only country in the EU). Both countries have similar "Common Law" (both based on English Law principles). Ireland has for a long time 'low corporate tax' (but NOT a tax haven) & also pro-business (centre right) governments (in a stable 'pro business' economy). Recent elections have again elected the current pro-business government for 'yet' another 5 years (until 2030 !). Also Ireland values a highly educated workforce (with free education & no student loan debt !) and also there is a strong 'cultural' relationship between the USA & Ireland (this is Huge - 35 Million US citizens identify as 'Irish'). Even the time zone is important. At 9am eastern time in New York = 2 pm in Ireland (not 3pm in Germany), more hours to do business & Trade Unions are weak so workers often work to 6pm (lunchtime in USA). And, another important point: Irish companies in the USA employ more US citizens than US multinationals do in Ireland. Look to the Irish to do 'deals' with the Trump government. Ireland is now also 'Reducing' the government debt not engaging in further QE ! As indicated, Ireland operates 'economy' differently to other countries .
So (as for your intro) "insights on Europe's economic outlook", Look to Ireland to 'lead' as a Strong 'pro-EU' country both 'able & willing' to do so !!
Anarchist inside 🙂
Danke¡¡¡¡
Ads ads and more ads. TH-cam sucks.
Gold coins and celery as caligula
It would be logical that Western Europe mainly cooperates with Russia.
Tariffs swing both ways. Trump has explained this for decades. Explain Trumps tariff longstanding position for decades in your words.
According to the bls, only 34.7% of all US private businesses in 2013 are still around today, therefore the US is 65.3% socialist to be exact... 😂
Anerica was good when they feared God
it is the bilionares who want government assistance.
Point in matter nobody is talking about America debt 36.2 trillion and counting. Trump never talked about it in the election. The will talking about after he's in January 20 .print money more fiat and inflation will take of and the debt will soar.
The federal government would still have to borrow another 10 trillion. This is after the federal government was to seize all the M2 money supply.
McKenzie and PWC, what a bunch of clowns
It was a good interview content-wise, but why do I feel like he believes he's talking down to a bunch of fools.
You’ve hit a new low with this guest. I usually enjoy the content, but this was just plain bad..
What ever you do don’t listen to Milton Friedman or Martin Armstrong 😂
Looking Forward
To Listening To This
A Real Perspective Marc Faber
Let the people check the government every penny should be available to check - nobody's will like to work for government, the main issue is "CORRUPTION "
Price of freedom is 🩸