Marc Faber comment on US economy

Investment analyst and entrepreneur Dr. Marc Faber concluded his monthly

bulletin (June 2008) with the Following:

 

 

 

'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.'

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