Great 👍a swiss born man who is not neutral, on the contrary he clearly expresses his opinions . a rare attitude today especially from a reputed man who is talking without personal interests
Doesn't he contradicts himself though when he says that younger people now have it really hard to acquire assets, yet at the same time claims their problem is lack of problems. Which one is it then? Because as far as it goes only one can be truth when two statements are mutually exclusive.
This is the first time listener to your program and just subscribed. I’ve listened to Marc Faber for some time and he is an international treasure and ineffable wealth of knowledge, experience and wisdom. Thank you for this interview.
I truly enjoy interviews of Mr. Faber. I do not see him as the trademark. I see him as a grandpa having us sit on his lap. Telling us stories and giving us warnings. I treasure this.
Wow, so much truth in this video. I totally agree, and when said out load we all know this is truth being spoken. What a wonderful guest. What a great interviewer. We need this on main stream media. The people are asleep
Marc is completely correct about the clueless central bankers around the world: it has been so for years. He could have mentioned the head of the bank of England too.
they aren’t clueless, it is all planned, they don’t need to know anything just puppets for the plan for crash and global control with central bank digital currency
This is fabulous stuff..it all makes sence now..people need to see this so they know what is happening and what the game is so they are not worried and kept In the dark...
@ 50:10 I grow up in Warsaw, Poland and I was not happy neither my parents nor my grand parents were happy in the 70s or 80s! The 90s were the best time for Poles but soon after one decade around 2000 government start to lean towards European Union and there social agenda... ironically all those politicians who where in charge during the soviet era and before 1989 were going to Moscow for direction now they started heading to Brussels for a new directions... System change it's name but the principle stays pretty much the same... less freedom for sure!
Yes, what central bankers ?! the disqualified personnel's but greedy personnel who are in the same boat that is out to fatten own self's pockets instead of doing honest jobs or 👀🔎🧐💸🤑💰🥳🤡💩👹
I first heard of Mr Faber about 20 years ago. A memorable line from back them described men with multiple exes (and alimony payments) and children (and child support payments) as having "high overhead lifestyles". Very insightful speaker with some hilarious ways of describing the human behavior that shapes our society and economy.
@@888ssss The best humor is truth. I have heard excellent comedians lie, and it's funny. But when the truth comes out and someone can make a joke of it???? Exceptional. Shalom
Marc was great! Would be better if you could flow the questions with the conversation rather than saying “we’ll get to that later” and then inserting a boring question you’re obviously just reading from a screen.
Smoking and alcohol drinking old guys used to be normal everywhere during family and public events. Even on TV shows and series. Its quite exotic today.
Always love to hearing from Marc he sees things so clearly,the younger generations will eventually come to realize life without challenges destroys are ability to produce and be in charge of are destiny and find out what lite’s the fire within us …..we are all capable to create a sound economic system for are selfs ,governments have destroyed free market capitalism and has trapped most of humanity in a debt based society without collateral in the name of equality, that has lead us to the victim mentality instead of self sufficiency
I did a calculation 15 years ago on derivatives at 11 of 850 trillion dollars and determined that a counterparty risk of one-half of 1% of that would crash the global economy
When inflation is tamed....prices (from checking history)do not come down...producers maintain the current price,and large companies still make shrinkage their goal...ie: hotdog packages use to hold 12 hotdogs,now hold 10 or 8. ....
i couldn't hear well, volume is so low, but will listen again, what i did hear fits everything I've heard fr a host of other financial advisors, I have withdrawn nearly all my $ fr super and banks, and I have a cache of gold, in the ??? ready for when they go digital or they get rid of cash, or the crash comes, its inevitable i've heard, I listen to mature people because they have experience, good intuition is key, my relatives and friends are clueless here in Oz and they just think I'm a conspiracy theorist! Good man!
The US empire is composed of RENTIER economies, not service economies, where wealth is extracted not manufactured. Monopolies and the banks (FIRE, finance, insurance, and real estate) extract economic rent (unearned income), and the transnational rentier oligarchy at the top of wall street dominates domestic politics, foreign policy, and the security/military apparatus. Democracies turn into oligarchies as the money changers become the de facto government, and no regulation except in their favor is possible. The US economy is 13.6% of global GDP, but US corporations (owned and controlled by the oligarchy) own half of global wealth. Classical economists like Adam Smith explained that a free market is free FROM economic rent (extracted by feudal land lords), not free FOR economic rent (extracted by monopolies and the banks) as in neoliberal (Libertarian/Austrian/Chicago School) ideology. Ours is a neofeudal empire. Debt grows exponentially (compound interest), economies can not. Only since Rome have debts not been cancelled. This is because the debt is the wealth of the rentier oligarchy, as with Rome. The refugees at the southern border are due to rule by the oligarchy, who are also cannibalizing the homeland. Imagine your mortgage interest being used to lower the cost of living, instead of going to the bankers. The classical role of government is to tax away economic rents and use it to lower the cost of production. This is done through subsidies for such things as public infrastructure, education, and health care, not raising the cost of living and therefore the cost of labor, as with monopolistic privatization.
30% inflation seems a bit unlikely right now. It seems more likely that we hit 0% and have a crash first. The high inflation would be the result of the next stimulus, which happens after the crash.
I would wager that we in Eastern Europe are enjoying a 50 to 60% real inflation right now. Food and energy mostly. Things you cannot really live without.
Hanke predicts recession soon because of going negative after strong printing so you may be right about hitting 0% in real terms not these on paper ofc
The main purpose for banks originally was to exchange paper money for gold. The banks are the main buyers of gold. The paper money they print for the cost of paper so they never loose. The government works for the banks because the banks finance the government. All debt is just the cost of doing business. It is part of the equation. The banks should be encouraged to have a debt holiday when things go bad.
the laws are in place for bail ins replacing bailouts by gov, prepare to lose any money you have in the bank, Canadian finance minister already openly said they are keeping an eye on all the money Canadians have in their savings
Love Marc, but wanted to say, in my opinion capitalism does not have a central bank. A system with a central bank is a stateism system. Government control of money flows, picking winners and losers, control of social morays, the state pretends to use capitalism and then blames it for both social and economic woes.
47:40 so we've gone from an (impotent) United Nations as a world government to the people behind the United Nations as an impotent world government, those behind the curtain pulling the strings.
Angelo, at 1:11:27 It would have been more well to say good day to Mr Faber once again and cut off his screen. That is professional respect. A more welcoming request for a return visit, perhaps. Then do what you need to do on your channel. Shalom.
A degradation in delivery, services rendered, and product quality compounds the problem. When price inflation when seen from eyes of the consumer. They already know purchases are being less beneficial to them. Unless there is an episode of hyperinflation. People are just going to buy less at some point because of both factors. The danger here is having lowered expectations of the currency. If prolonged another solution to settle trade will emerge.
Marc Faber. Is a wealth of knowledge about all financial matters. Absolutely the best
Just a regular bullshitter.
Only two things better than Marc Faber’s pearls of wisdom, is his laugh and sense of humor. What a man. Big smiles all round.
What about Mao bust? That tells you more than smiles.
Listen to all his stuff . He is great every single time !
A Brave Man 🎉
Your in Point! MWM
Fantastic interview, many thanks to Dr. Faber..
Great interview Mr Faber honest and straight opinions 👍 👏
Great 👍a swiss born man who is not neutral, on the contrary he clearly expresses his opinions .
a rare attitude today especially from a reputed man who is talking without personal interests
Love Dr Faber. 💕
Thanks for having Marc. He's terrific!
The terrific 'enfant terrible'.
I’m happy there are still wise people on earth, thank you. Denmark 🇩🇰
Thanks for having Marc on your program. This man speaks the truth, even when it comes to LTB... etc. and the NATO criminals.
Doesn't he contradicts himself though when he says that younger people now have it really hard to acquire assets, yet at the same time claims their problem is lack of problems.
Which one is it then? Because as far as it goes only one can be truth when two statements are mutually exclusive.
Thank you Mr Marc Faber
As most great minds I find Marc Faber a modest man. He is becoming my Oracle.
I am listening to Marc for 15 years. I also moved to Thailand 38 years ago. This helps me relate to him too.
Enjoy Marc Faber so much. I listen to every single interview.
I always love hearing Dr. Faber.
This is the first time listener to your program and just subscribed. I’ve listened to Marc Faber for some time and he is an international treasure and ineffable wealth of knowledge, experience and wisdom. Thank you for this interview.
Well said.
First time and subscribed because of your moment.
Shalom
I love Marc
That was wonderful. Confirmation is sweet and I enjoy feeling less crazy. I hope more people wake up to what is happening.
Mahalo
Shalom
LEGEND!
Good to hear you Marc.....from Galway Bay ☘🇮🇪🍻
I truly enjoy interviews of Mr. Faber.
I do not see him as the trademark.
I see him as a grandpa having us sit on his lap.
Telling us stories and giving us warnings.
I treasure this.
What a joy to sit in and listen to a person with so much common sense and wisdom
Excellent interview and it is refreshing to see so many good and useful questions asked .Thanks
Wow, so much truth in this video. I totally agree, and when said out load we all know this is truth being spoken. What a wonderful guest. What a great interviewer. We need this on main stream media. The people are asleep
A great interview.
THANKS FOR THE GREAT TALK
Marc Faber 👍💯
Great conversation
Great Marc. Very nice person and honnest top economist.
Thanks for the interview!
26 min in - thanks Marc. Things were actually built. Today they tear down. Which is harder? To build up is 100 times harder than tearing down!
I very much enjoyed this interview with whiskey and beer and cigarettes and cigars. Love it Bravo
Super interview!
great interview. Disney also cut 7000 emplyees, domino is falling. We are witnessing a major crash as we speak. Thanks.
Great interview, thought provoking.
Marc Faber is common sense in an insane world.
"...Yellen is CLUELESS!!"
Enough said!
🤣🤣
That Yellen is a beggar now begging to visit China!! For whatever, you guess it !!!
Marc is completely correct about the clueless central bankers around the world: it has been so for years. He could have mentioned the head of the bank of England too.
they aren’t clueless, it is all planned, they don’t need to know anything just puppets for the plan for crash and global control with central bank digital currency
This is incredible reality that everyone needs to hear
This is fabulous stuff..it all makes sence now..people need to see this so they know what is happening and what the game is so they are not worried and kept In the dark...
Thank for this m. Faber insight.
Great Show!
It is getting bad and people are awake🛎🛎👍🛎👍🛎👍🇨🇦
@ 50:10 I grow up in Warsaw, Poland and I was not happy neither my parents nor my grand parents were happy in the 70s or 80s! The 90s were the best time for Poles but soon after one decade around 2000 government start to lean towards European Union and there social agenda... ironically all those politicians who where in charge during the soviet era and before 1989 were going to Moscow for direction now they started heading to Brussels for a new directions... System change it's name but the principle stays pretty much the same... less freedom for sure!
Mr. Robles and Mr Big Time Marc Farber!
"I drink red label then I drink less" lol Marc is hilarious.
Interesting views and advice from Marc Faber. Substance matter esp. Central Bankers.👏🏻👏🏻🤔
Yes, what central bankers ?! the disqualified personnel's but greedy personnel who are in the same boat that is out to fatten own self's pockets instead of doing honest jobs or 👀🔎🧐💸🤑💰🥳🤡💩👹
Excellent guest
Legend
I first heard of Mr Faber about 20 years ago.
A memorable line from back them described men with multiple exes (and alimony payments) and children (and child support payments) as having "high overhead lifestyles".
Very insightful speaker with some hilarious ways of describing the human behavior that shapes our society and economy.
soon they will be lucky to be fertile enough to have one child
Bravo to you, Angelo
Good info. Very educational
Marc has a bright brain, I love this man, and his smart advise; get out of the USA, the five eyes, and EU.
loved it when he lit the ciggarette
You should not have to worry about getting in trouble or getting banned for telling the truth.
in trouble with whom ? = a bunch of office workers you pay to fix the roads ?
@@888ssss
That is funny.
That is worth a chuckle.
Well said.
@@christopherbic7688 its the truth. these f-witts are not special. they are rogue leeches that need to be reigned in.
@@888ssss The best humor is truth.
I have heard excellent comedians lie, and it's funny.
But when the truth comes out and someone can make a joke of it????
Exceptional.
Shalom
Thank you
Marc was great! Would be better if you could flow the questions with the conversation rather than saying “we’ll get to that later” and then inserting a boring question you’re obviously just reading from a screen.
Hi Mr BIGTIME MARC FARBER!
Smoking and alcohol drinking old guys used to be normal everywhere during family and public events. Even on TV shows and series. Its quite exotic today.
Mr. Marc Doom is perfectly right.
The sweater looks really nice on Dr Faber.
Thx straight forward talk and no political correctness. How liberating!
This Guy ist top👍🏻
Wel Angelo great intervieuw
With Faber blacksmith
Theo holland Greetings
Learned a.lot im 64and
Get inzicht more and
More Thank.s....theo...
Always love to hearing from Marc he sees things so clearly,the younger generations will eventually come to realize life without challenges destroys are ability to produce and be in charge of are destiny and find out what lite’s the fire within us …..we are all capable to create a sound economic system for are selfs ,governments have destroyed free market capitalism and has trapped most of humanity in a debt based society without collateral in the name of equality, that has lead us to the victim mentality instead of self sufficiency
I did a calculation 15 years ago on derivatives at 11 of 850 trillion dollars and determined that a counterparty risk of one-half of 1% of that would crash the global economy
When inflation is tamed....prices (from checking history)do not come down...producers maintain the current price,and large companies still make shrinkage their goal...ie: hotdog packages use to hold 12 hotdogs,now hold 10 or 8. ....
hotdog was never a human food
i couldn't hear well, volume is so low, but will listen again, what i did hear fits everything I've heard fr a host of other financial advisors, I have withdrawn nearly all my $ fr super and banks, and I have a cache of gold, in the ??? ready for when they go digital or they get rid of cash, or the crash comes, its inevitable i've heard, I listen to mature people because they have experience, good intuition is key, my relatives and friends are clueless here in Oz and they just think I'm a conspiracy theorist! Good man!
Grützi und Auf wieder lugge
Quality of the government is going down!!! How real ! 🔎🧐🤔👀
The US empire is composed of RENTIER economies, not service economies, where wealth is extracted not manufactured. Monopolies and the banks (FIRE, finance, insurance, and real estate) extract economic rent (unearned income), and the transnational rentier oligarchy at the top of wall street dominates domestic politics, foreign policy, and the security/military apparatus. Democracies turn into oligarchies as the money changers become the de facto government, and no regulation except in their favor is possible. The US economy is 13.6% of global GDP, but US corporations (owned and controlled by the oligarchy) own half of global wealth.
Classical economists like Adam Smith explained that a free market is free FROM economic rent (extracted by feudal land lords), not free FOR economic rent (extracted by monopolies and the banks) as in neoliberal (Libertarian/Austrian/Chicago School) ideology. Ours is a neofeudal empire.
Debt grows exponentially (compound interest), economies can not. Only since Rome have debts not been cancelled. This is because the debt is the wealth of the rentier oligarchy, as with Rome.
The refugees at the southern border are due to rule by the oligarchy, who are also cannibalizing the homeland.
Imagine your mortgage interest being used to lower the cost of living, instead of going to the bankers. The classical role of government is to tax away economic rents and use it to lower the cost of production. This is done through subsidies for such things as public infrastructure, education, and health care, not raising the cost of living and therefore the cost of labor, as with monopolistic privatization.
Why when Mark says you need to diversity into other countries that no one asks the question, "which countries do you think will be safest?"
In other interviews he has mentioned South East Asian countries.
@@_m_K_. Such as? India?
30% inflation seems a bit unlikely right now. It seems more likely that we hit 0% and have a crash first. The high inflation would be the result of the next stimulus, which happens after the crash.
I would wager that we in Eastern Europe are enjoying a 50 to 60% real inflation right now. Food and energy mostly. Things you cannot really live without.
Hanke predicts recession soon because of going negative after strong printing so you may be right about hitting 0% in real terms not these on paper ofc
Mr Farber I am sure you know about RZR
I love arc, knew him in Hong Kong.
Very good content. Please next time equalize the sound. Thank you
1:00:10 "WAR IS A RACKET!" Major Gen Smedley Butler.
Excellent comment and bookmark.
Shalom
@@christopherbic7688 geyn gezunt
Great interview.
Hi Angelo Robles,
here is Gusravo Juan Robles.
Great video!
@dalamohammed Hello
are Angelo Robles, is Gustavo Juan Robles your family.
@dalamohammed Hello
Angelo Robles is Gustavo Juan Robles
your family.
This should be interesting, watching 1 month later..
I might move to Thailand Mr. Farber is land expensive there?
Sometimes you wish to have him as a rich uncle that you have heard from you dad few times and now just meet 😂
Me thinketh always enjoy listening to this seasoned investor especially when he., isn't iinterrupted by an.......interviewer!@!?😝😜🤪😎
Smart smart man…
Wow, he certainly has the looks of a madman. ;-)
These people and this system belong in the dustbin of history.
There is a program available that can identify a chat GTP written paper.
Tracking systems will only work if we comply😩
You don't need an inverted yield curve, if politicians are denying it, we are in a recession
Thank you Mr Faber, may I ask why you chose Thailad in which to live?
His wife is Thai
Beer and cigarettes,nice
Yes Kathy Wood
The main purpose for banks originally was to exchange paper money for gold. The banks are the main buyers of gold. The paper money they print for the cost of paper so they never loose. The government works for the banks because the banks finance the government. All debt is just the cost of doing business. It is part of the equation. The banks should be encouraged to have a debt holiday when things go bad.
And the creditors? Wiped out with a debt holiday
the laws are in place for bail ins replacing bailouts by gov, prepare to lose any money you have in the bank, Canadian finance minister already openly said they are keeping an eye on all the money Canadians have in their savings
The meta black market is our Avenue
Wish there was a 3x speed on YT.
You can't taper a Ponzi scheme !
Love Marc, but wanted to say, in my opinion capitalism does not have a central bank. A system with a central bank is a stateism system. Government control of money flows, picking winners and losers, control of social morays, the state pretends to use capitalism and then blames it for both social and economic woes.
47:40 so we've gone from an (impotent) United Nations as a world government to the people behind the United Nations as an impotent world government, those behind the curtain pulling the strings.
Research talpiot program and brendon O’Connell
Angelo, at 1:11:27 It would have been more well to say good day to Mr Faber once again and cut off his screen.
That is professional respect.
A more welcoming request for a return visit, perhaps.
Then do what you need to do on your channel.
Shalom.
A degradation in delivery, services rendered, and product quality compounds the problem. When price inflation when seen from eyes of the consumer. They already know purchases are being less beneficial to them. Unless there is an episode of hyperinflation. People are just going to buy less at some point because of both factors. The danger here is having lowered expectations of the currency. If prolonged another solution to settle trade will emerge.
Why does he have a bust of MAO in the background?