73 Quotes by Marc Faber

I'm an economist. I'm not a political servant.

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.

If you're in any field, you should own a farm because one day you will be grateful that you are able to grow your own agricultural produce.

If you really believe that every three years the market will double, then go and buy shares. I don't believe that.

Buy a $100 U.S. bond and frame it to teach your children about inflation by watching the U.S. bond value diminish to almost nothing over the next 20 years.

Geopolitical tensions are on the rise and could at some point in the future have a very negative impact on the global economy and financial markets,

I don't think Canada is very inexpensive anymore. I travel there all the time; it's rather on the expensive side. I think there's significant risk to the Canadian economy.

I am pretty sure central banks will continue to print money, and the standards of living for people in the western world, not just in America, will continue to decline because the cost of living increases will exceed income. The cost of living will also go up because all kinds of taxes will increase.

I don't particularly like equities, but I think equities are a better space to be in than bonds.