Dr. Marc Faber on US Economy!  

Posted by NoeL in , , ,

''The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India. If we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala. If we purchase a good car it will go to Germany. If we purchase useless crap it will go to Taiwan and none of it will help the American economy. The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I've been doing my part."

For more information about Dr. Marc Faber, Google his name. Alternatively, click here for his brief biography.

NoeL

This entry was posted on Thursday, August 14, 2008 at Thursday, August 14, 2008 and is filed under , , , . You can follow any responses to this entry through the comments feed .

1 comments

So true!!...even today...

July 7, 2010 at 12:42 PM

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I study at European Business School, Oestrich-Winkel. The opinions expressed here are my own, and neither European Business School, Oestrich-Winkel nor any other party necessarily agrees with them.