Marc Faber, the veteran Swiss investor and Wall Street analyst known as 'Dr Doom, 'sparked outrage this week for writing in his latest newsletter that the United States had only prospered because it was colonized by white people, 'and not the blacks.'
The famously pessimistic economist who predicted the 1987 stock market crash and the Great Recession was ejected from the board of Canadian fund manager Sprott Inc after his racially charged remarks.
Business television networks such as CNBC and Fox Business said they would remove Faber from booking lists for their shows.
In the October edition of his popular newsletter, 'The Gloom, Boom and Doom Report,' in a section discussing capitalism versus socialism, the 71-year-old Faber took a stand against the removal of Confederate monuments, writing: 'Thank God white people populated America, not the blacks. Otherwise, the US 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.'
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The media has created a mindset of hate America the last free nation on earth...We will be broken down into a third world nation which will allow the aggressive countries that we have been able to keep at bay to become emboldened.
ReplyDeleteJust look at how well things worked out in Haiti and Africa.....
ReplyDeleteHe is speaking the truth. No one can deny truthfully that the continent of Africa one of the oldest inhabited in the world isn't a mess. The truth is blacks haven't built anything. There is no black run country that is lawful and self sufficient. They built no industry, nothing of any benefit. If blacks would get their selves together and admit this fact and do something about it they as a race will finally move forward. They can start by becoming real Christians and stop the fake stuff because another truth is most are fake Christians and only talk the talk but rarely if ever walk the walk.
ReplyDeleteSo, how is what he said wrong in any way? It's just the truth. I'm with 8:10 on this.
ReplyDeleteAt least he has the grapes to tell the truth!
ReplyDeleteJust like Orwell said people who tell the truth shall be treated as radical
ReplyDeleteJust trying to re-write history to satisfy a warped sense of "social justice." (Whatever that means!??)
ReplyDelete