February 19, 2012

In Japan They Have Deleveraged And The Household Sector Is In Good Shape

I think the Japanese economy isn't in such a bad shape. They have deleveraged and the household sector is in pretty good shape. - in CNBC

Marc Faber is a great contrarian investor and publisher of the Gloom Boom & Doom Report. He is well known for his accurace predictions of stock market crashes and other correct calls on different investment assets.

Dr. Marc Faber, born February 28, 1946, is an investment analyst and entrepreneur. Faber was born in Zürich and graduated in Geneva, Switzerland, where he raced for the Swiss National Ski Team. He studied Economics at the University of Zurich and, at the age of 24, obtained a Ph.D. degree in Economics..

Faber has a reputation for being a "Contrarian" investor and has been called "Doctor Doom" for a number of years. Faber is a regular speaker on the investment circuit and best known for the Gloom Boom & Doom Report newsletter. He has also written several books.