What's the point of having fuck-you money if you never say fuck you!
https://beta.theglobeandmail.com/report-...dmail.com&
Damn, son! Marc Faber was part of the Swiss national ski team as a youth before moving to Asia and working there for most of his career. He's now 71 years old and lives in a mansion deep in the Thai jungle with his Thai wife, when not traveling on business. Being 71 and independently wealthy I guess he decided it's time to talk like a man, not a slave.
Quote:Quote:
Marc Faber, the markets prognosticator known as "Dr. Doom," has resigned his board seats at Sprott Inc., Ivanhoe Mines Ltd. and NovaGold Resources Inc. on Tuesday after his latest newsletter ignited international outrage, with the publication of a litany of inflammatory and racist comments.
"Thank God white people populated America and not the blacks," wrote Mr. Faber, who is managing director with investment advisory and fund management firm Marc Faber Ltd., in his latest monthly newsletter.
"Otherwise the U.S. would look like Zimbabwe, which it might look like one day anyway, but at least America enjoyed 200 years in the economic and political sun under a white majority."
In the publication, Mr. Faber was also highly critical of the removal of Confederate statues in the United States – an issue that generated much controversy after white supremacists marched in Charlottesville, Va., in the summer to protest the city's plans to take them down.
"The very same people" he wrote of U.S. liberals "are now disturbed by statues of honourable people whose only crime was to defend what all societies had done for more than 5,000 years: keep a part of the population enslaved."
In the newsletter, the 71-year-old Mr. Faber claimed he is "not a racist" but wrote that the reality, "no matter how politically incorrect," needs to be spelled out.
"If stating some historical facts makes me a racist, then I suppose that I am a racist," Mr. Faber later told Bloomberg news service in an e-mail.
Mr. Faber did not respond to The Globe and Mail's request for comment.
Hours after his newsletter comments were made public, Toronto-based asset manager Sprott asked Mr. Faber to step down from its board of directors, a position he had held since 2010.
"Recent comments by Dr. Faber are deeply disappointing and are completely contradictory with the views of Sprott and its employees," said Peter Grosskopf, CEO of Sprott, the precious metals asset manager, in a release.
https://beta.theglobeandmail.com/report-...dmail.com&
Damn, son! Marc Faber was part of the Swiss national ski team as a youth before moving to Asia and working there for most of his career. He's now 71 years old and lives in a mansion deep in the Thai jungle with his Thai wife, when not traveling on business. Being 71 and independently wealthy I guess he decided it's time to talk like a man, not a slave.