If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.

He moved to Hong Kong in 1973. is creating nowhere-to-hide bubbles in many emerging economies such as Indonesia the Phillipines Thailand (up four times from 2009 lows). Investment views


In 1980s
Faber is credited for advising his clients to get out of the stock market before the October 1987 crash.

Faber also serves as director or advisor of a number of investment funds that focus on emerging and frontier markets including Leopard Capital’s Leopard Cambodia Fund. Marc Faber (born February 28 1946) is a Swiss investor. Faber has a reputation for being a contrarian investor and has been called "Doctor Doom" for a number of years.