Marc Faber's Big India Call: Global Markets & India's Positioning Analysis |Gearing Up For Rate Cuts
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- Опубликовано: 13 сен 2024
- Marc Faber, the Editor and Publisher of "The Gloom, Boom & Doom Report," shares his insights on the current global economic situation. He examines the regions experiencing economic downturns and those enjoying thriving markets. Can India withstand the challenges posed by the global economy? Dr. Doom offers his perspective on India and the global economic crisis. Is India the standout among emerging markets? Marc Faber, Editor and Publisher of "The Gloom, Boom & Doom Report," predicts strong performance for gold, commodities, and cryptocurrencies. He also highlights that the standard of living in India is on the rise, while it is declining in Germany and the UK.
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Marc, I came across an opinion that in the eventuality of a global recession, the USD would be the last currency to give in before gold takes over as an asset of the last recourse and as a store of value. Although, gold would gradually start surging much before such an unfavorable crisis hits a definition, as recessionary trends gradually unfold
In this context, is a USD denominated holding a more preferable alternative?
Marc is a macro economist, questions to him should be more about geo politics & macro economic trends . He is also a huge fan of China & India .
Excellent sir.. money is not everything ❤❤ .. earn more but never get obsessed with money
Mark right on spot on Indian Fireign service Officers called consulates and ambassadors. Yea they were stubbornly notorious as if they weee the owners of India till 1990 and later it slightly improved and today as Indians are educated and thanks to twitter and X and all social media’s these guys have buckled their belts and things are now easier yet tough by world measure.
Marc is superb. He understood our Indian culture. Money is not everything
Money printing only helps the rich...look at India's Debt...it's huge
You can even buy rare stamps and coins.
I don’t know how much favourite has been given to this gentle man to praise modi. 😂
The central bank of a country should be an independent entity and not bear any undue influence of the elected government in power. The two could function in coalition for an aligned policy in the interests of the economy, but ultimately, the central bank should be in a position to hold its say.
He got things wrong...liberalisation started in 1990 under Manmohan singh. India did progress..from 1990 then and after when modi came in. So he cant say that india was doing pathetic. In 1970 to 1990 ofcourse we were under a difficult situation but he failed to mention the globalisation that started in 1990 instead he directly jumped to modi. Wondering his talk is politically motivated
Rest of his views are excellent.
Look at China's Debt..you need to wake up Marc...
Ye uncle pure interview me kya bole sab kuch hawa ho gaya.. Actors ke posters khareddo .. matlab printing band hone vali hai ya paper band hone vala hai
Modi please clear all loans from world banks with gold .waste of paying interest to banks then rupee becomes strong....
Money is not everything...
I hope Warren Buffett is listening..!!❤
Modi please clear all loans from world banks with gold .waste of paying interest to banks then rupee becomes strong...