Max, Stacey and guest Ben Aris stationed in Moscow, discuss the following: How China surpassed US as world’s largest economy; debt ridden US and UK economies and their comparison to Germany and China, as well the lies of the UK government. And last but not least: the despair index shows that despite the ruble crisis, Russians feel more optimistic and satisfied than Europeans, and until recently, more so than Americans. About 75% of Russians, including the poorest 1/2 of the country, feel satisfied with their lives, with very low unemployment, access to money for entertainment/cars/home improvement, lower povery levels than EU and US, and overall decent living standards. Less travel than before and higher inflation are direct results of Western sanctions and deliberate attack on the ruble, which upped the index value somewhat. But even with these two factors accounted for, it is concluded that Russia is a better place to live for an average person than US or EU. Keiser Report: Siberian Camembert (E705, ft. Ben Aris):
Heads up, dear readers!
The above Keiser Report is a good lead-in to my two upcoming urgent EARTH SHIFT REPORTS:
1. Grand Experiment Novorossia and the Birth of the New Revolutionary Monetary System.
2. Ruble Wars as the Beginning of the Death of the Dollar.
These two reports are being written as we speak and I will be posting them as they get completed.
The reports will be posted on my new site LadaRay.info. Stay tuned!
Famed investor, who was born in Switzerland and lives in Asia, Dr. Marc Faber of the Gloom Boom and Doom Report. His new interview covering #oil, #stocks, #gold, #globalgrowth prospects, #China #USeconomy, US dollar, yen, dollar, euro, government expenditures, geopolitical tensions in #Asia, 2014 predictions, and more.
I respect Marc Faber a lot. He’s one of the good guys in investments. However, I must point out that the so called “growth model” of the global economy is faulty and unsustainable and as such, it is now crumbling. Eventually, it MUST be replaced, and it will be replaced.
Marc Faber is good, but he is still of the old school as he still talks about “slowing growth.” That notwithstanding, he makes a lot of good points and he is an insider, therefore has useful stuff to share when it comes to investments. First minute of the recording is an advertisement. Interview starts at 1:06. Have a listen!