PFI Talks Vol. 16 –
Marc Faber
Marc Faber, a Swiss investor living in Thailand, doesn't mince his words. In 2017, he dedicated an issue of his monthly investment newsletter, The Gloom, Boom & Doom Report, to the raging racial conflicts in the US. At the time, he said, "Thank God America is populated by whites and not blacks. Otherwise, the United States would look like Zimbabwe, which may happen one day, but America has enjoyed at least 200 years of economic and political prominence." He later defended himself, telling the US television network CNBC in his defence that he was not a racist, but that "the facts should be described as they are, regardless of their degree of political incorrectness". This is also why Marc Faber said goodbye after an hour-long interview, saying: "I believe it is still politically appropriate to say - Merry Christmas!"