Wednesday, February 18, 2009

Economist Says U.S. Like Zimbabwe, or a Banana Republic

Marc Faber concludes, from his perspective in Thailand, that the U.S. is moving along the lines of Zimbabwe or a banana republic.




Faber was born in Zurich and schooled in Geneva, Switzerland. He studied Economics at the University of Zurich and, at the age of 24, obtained a Ph.D. in Economics magna cum laude.