Newsgroup: it.economia
Titolo: 'Buy farmland and gold,' advises Dr Doom

'Buy farmland and gold,' advises Dr DoomLeo Lewis, Asia Business
Correspondent 39 Comments
Recommend? (31) The world’s most powerful investors have been advised
to buy farmland, stock up on gold and prepare for a “dirty war” by
Marc Faber, the notoriously bearish market pundit, who predicted the
1987 stock market crash.
The bleak warning of social and financial meltdown, delivered today in
Tokyo at a gathering of 700 pension and sovereign wealth fund
managers.
Dr Faber, who advised his audience to pull out of American stocks one
week before the 1987 crash and was among a handful who predicted the
more recent financial crisis, vies with the Nouriel Roubini, the
economist, as a rival claimant for the nickname Dr Doom.
Speaking today, Dr Faber said that investors, who control billions of
dollars of assets, should start considering the effects of more
disruptive events than mere market volatility.
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“The next war will be a dirty war,” he told fund managers: "What are
you going to do when your mobile phone gets shut down or the internet
stops working or the city water supplies get poisoned?”
His investment advice, which was the first keynote speech of CLSA’s
annual investment forum in Tokyo, included a suggestion that fund
managers buy houses in the countryside because it was more likely that
violence, biological attack and other acts of a “dirty war” would
happen in cities.
He also said that they should consider holding part of their wealth in
the form of precious metals “because they can be carried”.
One London-based hedge fund manager described Mr Faber’s address as
“excellent, chilling stuff: good at putting you off lunch, but not
something I can tell clients asking me about quarterly returns at the
end of March”.
Dr Faber did offer a few more traditional investment tips, although
their theme fitted his general mode of pessimism.
In Asia, particularly, he said, stock pickers should play on future
food and water shortages by buying into companies with exposure to
agriculture and water treatment technologies.
One of Dr Faber’s darker scenarios involves growing military tension
between China and the United States over access to limited oil
resources.
Today the US has a considerable advantage over China because it has
free access to oceans on both coasts, and has potential energy
suppliers to the north and south in Canada and Mexico.
It also commands an 11-strong fleet of aircraft carriers that could,
if necessary, secure supply routes in a conflict situation.
China and emerging Asia, meanwhile, face the uncertainty of supplies
that must travel from the Middle East through winding sea lanes and
the Malacca bottleneck.
American military presence in Central Asia, Dr Faber said, may add to
the level of concern in Beijing.
“When I tell people to prepare themselves for a dirty war, they ask
me: “America against whom?” I tell them that for sure they will find
someone.”
At the heart of Dr Faber’s argument is a fundamentally gloomy view on
the US economy and its capacity to service a growing mountain of
debt.
His belief, fund managers were told, is that the US is going to go
bankrupt.
Under President Obama, he said, the country’s annual fiscal deficit
will not drop below $1 trillion and could rise beyond that figure.
Arch bears have predicted that US debt repayments could hit 35 per
cent of tax revenues within ten years.
Dr Faber believes that the ratio could easily hit 50 per cent in the
same time frame.
continua su 
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7035913.ece

 
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article7035913.ece
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[Megaphone]
The Foreign Ministry itself is now pushing the idea, urging supporters 
of Israel everywhere to
become cyberspace soldiers "in the new battleground for Israel's image."
http://www.jpost.com/servlet/Satellite?cid=1162378505678&pagename=JPost%2FJPArticle%2FShowFull

 Obama.
vivi nel mondo dei sogni, o forse degli incubi...in Cina non c'ï¿½ nulla di 
quanto vai dicendo. In Cina non ci sono collettivi in riunione permanente 
che si interrogano sul benessere del proletario...fattene una ragione... In 
Cina c'ï¿½ il capitalista piï¿½ incallito e senza scrupoli...proprio il 
contrario di quello che 'invochi'...almeno credo...magari in cuor tuo sei un 
servo del capitale  :-)) 

Lord Curzon ha scritto:

Il capitalista cinese non ï¿½ diverso da qualsiasi altro capitalista.
Perï¿½ la Cina ï¿½ l'unica grande potenza al mondo in cui esiste ancora un 
potere politico che ï¿½ in grado di normare e orientare il potere 
economico.  E' tutto quello che serve per avere una chance.


 E' tutto quello che serve per avere una chance.
facile quando potere politico ed economico coincidono... La chance, se ï¿½ 
tale, vale solo per la Cina...fuori la Cina non puï¿½ farci nulla...a meno di 
attuare una politica di interferenza politica che perï¿½ andrebbe solo a suo 
vantaggio...non certo a vantaggio dei 'buoni propositi'... :-)

 Am.
il problema � che lui pensa che le minoranze cinesi non abbiano ancora 
'elaborato' :-), perch� ottuse magari (tanto per richiamare alla memoria il 
pensiero di un altro genio del ng), tutti i 'saggi insegnamenti' :-) dei 
numerosi collettivi comunisti che cercano di portare verso la luce i poveri 
ottenebrati che rifiutano la rivoluzione comunista (!) con tutti i suoi 
vantaggi insiti (?). Il poveretto non si rende conto che in Cina oggi non 
esiste niente di tutto ci�... E' esistito qualcosa di analogo in passato, ma 
si sa che "l'istruzione" veniva impartita a scariche di mitra.... 

 Correspondent
Esattamente quello che fecero per silurare la presidenza di Jimmy
Carter!

 leadership dell'innovazione, di produrre modelli di economia alternativi 
Tipo quelli in cui non sono previsti i sindacati dei lavoratori.

 Tipo quelli in cui non sono previsti i sindacati dei lavoratori.
ci sono eccome. Sono sindacati di stato, ma ci sono...:D

 ci sono eccome. Sono sindacati di stato, ma ci sono...:D
Rotfl