Insightful, Humorous, and Lengthy Marc Faber Interview with Porter Stansberry

Insightful, Humorous, and Lengthy Marc Faber Interview with Porter Stansberry

Nice job by Doc Efrig in his recent interview with Marc Faber for his Stansberry Radio podcast.  It’s one of the best Faber interviews I’ve heard in a few months – the dude is great in long form.

Faber’s best line comes when asked to go in Asia for nightlife: “For nightlife you have to go to Bangkok,” Faber responds.  “And then again to Bangkok…”

Some other takes:

  • He’s down on the ROI of higher education (as are we)…sounds like he did a mini-expose in last month’s GBD Report
  • The value of money has depreciated significantly over the past several decades
  • Believes the euro and the dollar are “both sick” – the question is which will outperform over a six-month period
  • He still will never sell his gold – “I’d rather lose 50% in gold than 100% in paper currencies”

And a few book recommendations:

  • Manias, Panics, and Crashes by Charles Kindleberger
  • Fernand Braudel’s three-volume History of Civilization and Capitalism
  • The Lessons of History by Will Durant (which is excellent in audio form by the way)

If you’re in iTunes, you can download the episode there – or, here’s the direct link to the Faber interview on Stansberry Radio.

More from Stansberry: Porter’s now famous “End of America” video prediction

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