Buy a Farm, Escape from the Cities The best bet for investors may be to buy a farm and escape from the cities, as a prolonged recession could lead to war, as the Great Depression did. If the global economy doesn’t recover, usually people go to war.
Faber also recommends selling the Japanese yen, though the nation’s stocks may outperform global equities in the next one or two years because they have been depressed for so long, he said." in Bloomberg.com, February 27
“There is a lot of liquidity in China that keeps the market momentum going” Faber, publisher of the Gloom, Boom & Doom report, said in an interview in Singapore today. “Chinese stocks may rally another 10 percent to 15 percent and then drift lower.”