Marc Faber Sees Risk of `Technical Recession' in China

I wish to echo what Marc says in regards to a boom at the big end of town. I visited Bangkok, Thailand in Dec 2010 and went to dinner with some of the movers 'n shakers at a high end nightclub. The car park mainly consisted of AMG Mercs, M3 BMWs and high end Porsches.

by Bloomberg on May 26, 2011 May 25

Marc Faber, publisher of the Gloom, Boom & Doom report, talks about the outlook for China's economy. Faber also discusses the U.S. economy and budget deficit, and his investment strategy. He speaks with Carol Massar on Bloomberg Television's "Street Smart."

click on the photo of Marc Faber to go thru to the inteview