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« Diana Olick: If Mortgage Deduction Is Taken Away... | Main | HOT LINKS: Lawmaker Wants To Be Paid In Gold »
Thursday
Nov152012

CNBC: Gloomy Marc Faber Is Optimistic About This Region

Runs 1 minute.  Excerpt from Faber's appearance Tuesday on Squawk.

Doom is emphatically bullish on Southeast Asia.  Faber discusses growth in Vietnam, Cambodia, Thailand, Laos and Myanmar (Burma).

Full clip is here:

FABER: 'The Great Reset Is Coming!'

 

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Reader Comments (11)

GE...pun intended.
Nov 15, 2012 at 2:47 PM | Unregistered Commenterjohn
Okay John, now I get it. Now that's funny. DB. I know Faber is OK with southeast asia as a whole providing that the gaovernments stay somewhat stable. Thailand has a history of coup de tat every few years. Taiwan is always a constant backround of hostilities with China and the US. The Korea's need no explanation, Add Japan into the mix. Just seems a bit much for the optimism here. Didn't we stomp out the fires there a few years ago with the monetary stuff? Don't know about this area. Just sayin.
Nov 16, 2012 at 5:42 PM | Unregistered CommenterSKINFLINT
And look where Obama is headed today...

http://www.bloomberg.com/video/obama-heads-to-myanmar-thailand-cambodia-CfSOrjl8TpqTdarTP4GA6g.html

Obama Heads to Myanmar, Thailand, Cambodia
Nov 16, 2012 at 5:47 PM | Registered CommenterDailyBail
Skin

Faber admits that it's a decent sized political risk. I'm not pushing people to invest there by any means, just providing ideas and trying to post interesting content. Since Faber is essentially bearish on everything except PMs and some assorted commoditiies,I thought this was a decent clip. And you make a good point about the regional instability.
Nov 16, 2012 at 5:50 PM | Registered CommenterDailyBail
Skin, Mark Faber is really touting GE... You know the Job Czar who is sending our jobs to that region...

http://www.ge.com/th/

http://www.ge.com/vn/

just google the rest.
Nov 17, 2012 at 1:32 PM | Unregistered Commenterjohn
Well John, I am certainly glad that GE had the taste and forethought to put these sites up so that English speaking taxpayers can see where their jobs are going. But first a message from the NFL so that we all may go back to sleep.
Nov 17, 2012 at 8:42 PM | Unregistered CommenterSKINFLINT

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