marc faber on australian property bubble, page-30

Dalek,

You got me there mate. There is no numbers or detailed analysis that I can point you to. I wish there was.

His research is distributed in a monthly newsletter and that is why it is not available on the internet. It costs 750 US a year and all money goes to charity.

He is not an expert on Australia. He admits to that.
http://www.abc.net.au/lateline/business/items/200807/s2310191.htm

Not sure why lateline business would bother interviewing him if he knew nothing about Australia.

Maybe they should be asking him to provide his research!

I think he is worth listening to because of his vast experience and his knowledge of economics. As I have said he has made some very decent calls in the last 14 months as well 1987 crash and Asian Crisis.

He is a doom and gloom merchant on a global scale. It is not like he is picking on Australia. He just says it how he sees it.


Maybe he is right and maybe he is wrong- only time will tell.