23Feb

Dr. Marc Faber on the stimulus effect on the US Economy

Posted by Frank Koehntopp as Blogging

Welcome back!

Dr. Marc Faber, the investment guru, concluded his monthly bulletin with the following comments:

“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 fruits and vegetables it will go to Mexico, Honduras and Guatemala. If we purchase a good car, it will go to Germany. 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 the US.

I’ve been doing my part…..”

Nothing to add here.

  • Share/Bookmark

No related posts.

  • Speech less no words what to say but a joke apart we need to generate money which makes our economy stronger.
  • Mark Douglass
    Awesome!
blog comments powered by Disqus

Subscribe to Feed

 
 

@koehntopp

del.icio.us

Flickr

www.flickr.com
This is a Flickr badge showing items in a set called 20 Most interesting. Make your own badge here.

 

Bad Behavior has blocked 1582 access attempts in the last 7 days.