Marc Faber's comment on US economy!
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 or Japan.
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 and I've been doing my part."
Received this in email...
May not be his statement, but pretty funny
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 or Japan.
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 and I've been doing my part."
Received this in email...
May not be his statement, but pretty funny