February 29, 2012

Marc Faber doom is not optimistic about the Euro

Marc Faber is not an optimist about the euro. He believes that overall, the USA economy is in better shape than the European economy. The results of the money printing in USA are good in terms of reviving and putting the housing bottom. That improves the economy there. According to some other experts, the USA economy stands now at the best place among the biggest developed nations (Europe, Japan), no wonder the USD is going up compared to the EUR and JPY.

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.