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Devaluation inevitable in the US and UK says Marc Faber
Posted on 02 December 2010 with no comments from readers
Marc Faber explains why the debt overhang in some countries remains a problem for a true recovery. The US and UK are in immediate danger. He sees a better future in Asia for real estate and infrastructure.
Dr Faber thinks ‘eventually the space will get filled’ in Dubai. Stock markets are no longer cheap. His views on the future are always curious and well thought out.
