Marc Faber, author and editor of the Boom Gloom, and Doom Report, believes there will be opportunities in emerging markets but not without volatility. Countries such as India, China, Vietnam, Russia, and Central Asia will have more weight in both economic and political affairs due to their expanding economies and that’s where opportunities will exist. On the subject of the U.S. having long term deflation, Faber believes the government imposing taxes somehow always find their way down to the consumer and should be considered a form of inflation.
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