Monday , December 23 2024
Home / Marc Faber

Marc Faber



Articles by Marc Faber

“Brexit Sends A Clear Message To Sick Political Elite” Marc Faber Sees “Only Good Contagion”

June 28, 2016

“We’re moving into a global recession that has nothing to do with Brexit,” warns Marc Faber stressing that Britain leaving the EU would not be disastrous, saying that if Switzerland can operate in a “single” market and outside of the EU so can Britain.

 “Brexit is a victory of ordinary people, common sense and people who are prepared to take responsibility for the sake of freedom against a political and financial elite that only cares if stocks go up or down and does not care about the interests of the average British citizen.”

“We can only hope that more countries will opt out of the failed EU monster. I see only a good contagion.”

When asked why the markets and polls got it so wrong, the editor of the Gloom, Boom & Doom Report, told CNBC, “They were conducted or paid by the elite.”
As CNBC further noted, Faber agreed with presumptive Republican presidential nominee Donald Trump that a Brexit is a benefit to his campaign. He said the U.S. could also see a revolt against the political establishment with the election of Trump to the presidency,

“It is already well underway. Brexit is a huge boon for Trump and a wake-up call to Hillary that ordinary people are sick and tired of being lied to and cheated by the crony capitalistic system.

Read More »