Skip to comments.Prepare your portfolio for World War III, says Marc Faber
Posted on 02/03/2011 11:01:49 AM PST by Fred
If you "want to be hedged for complete disaster World War III you are better off in commodity-related investments", says Marc Faber in the latest issue of US financial paper Barron's.
That might seem drastic. But Faber is convinced that China's rise, and its diminishing dependence on America, means that "eventually, we will have a war, big time".
(Excerpt) Read more at moneyweek.com ...
If WWIII breaks out, the only kind of commodity investments that’ll be worth anything are canned goods, bottled water, gold coins and ammunition.
China can’t even feed itself.
Dependence on US ? You betcha ! FOOD.
Nothing is in place to acceptably replace the Pax Americana.
I have had the desire for the past two months to start writing a dystopian novel set two to three decades from now. But real world events seem to be spiraling out of control to a point where I dare not imagine where we end up.
China does not care about feeding people...they merely give the developed countries lip service about improving the quality of life for the Chinese consumer.
If I were the American president faced with imminent war with the ChiComs, I’d preemtively nuke em. Nuke em good.
No way I’d go toe to toe with a billion chinks.
We are actively encouraging it by letting our selves become weak militarily and industrarly. It is impossible to have a strong military without a strong industrial base. It is as it always was and ever shall be. Our children will pay for the price of our mistakes in their blood. They may curse our names.
Don't worry about it as we already have some games about post-apocalypse America
You’re killin me..
So they’ll go the way of the NORKs ?
Probably not. But I don’t see them lobbing missiles to increase food imports.
I do think Faber was on the right track in the video (especially calling Bernanke a liar :))
But I’d be surprised at a “world war” scenario like we’ve seen in the past unless it was, remind me if you’ve heard this before, “religion based”.
Even then, that is decades off.
A world war is based on long term gains of property, or ideology.
What we will see is increased regional conflict based on sheer survival.
That being said, obsolete treaties may draw in “partners in conflict”, but for my two cents (laughter allowed), I don’t see a global conflict.
What Is Globalization?
I prefer Half-Life. Better interpretation of a dictatorship.
Will they let us keep the fat ones?
That post wins the “MOST IMPRESSIVE RESTRAINT” award.
I’m in awe.
“You don’t want to hold gold in America, where expropriation is a possibility, as happened in 1933.”
It’s ok....the gold is in the back of my gun safe.
So, expropriation might be costly.....
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