Lion of the Blogosphere

“Dr. Doom” has doomed his career

https://www.cnbc.com/2017/10/17/dr-doom-faber-thank-god-white-people-populated-america.html

And thank God white people populated America, and 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.

HBD believer, and now unemployed.

* * *

It’s psychologically significant that Marc Faber is market contrarian. Only contrarians believe in HBD.

Written by Lion of the Blogosphere

October 17, 2017 at 1:22 pm

Posted in Biology, Uncategorized

112 Responses

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  1. Wow, I’m genuinely impressed. That is the forbidden truth and he went there.

    Andrew E.

    October 17, 2017 at 1:35 pm

    • In this era of political correctness, there are dozens of forbidden truths. He addressed one of the biggies–perhaps numero uno. He has no hope of working in the msm anymore, and he had to be aware that these opinions would finish him off. Why did he make them public?

      Lewis Medlock

      October 17, 2017 at 2:20 pm

      • At 71 he probably likes just saying what he thinks.

        JW Bell

        October 17, 2017 at 11:36 pm

  2. I guess that a broken clock really is right twice a day

    sterling

    October 17, 2017 at 1:43 pm

  3. Marc Faber has offices in East Asia and spends considerable time in that region.

    He can now live out his retirement over there (so the liberal west will not hound him), where its citizens are naturally aware of racial differences, often feeling inadequate of their own shortcomings, at the backdrop of Westerners.

    JS

    October 17, 2017 at 2:16 pm

  4. He also railed against the universal income but I can’t find the quote .

    Magnavox

    October 17, 2017 at 2:19 pm

    • With a large contingent of unintellectual proles, and low IQ primitives, one can make a case that most Americans don’t deserve a basic income.

      JS

      October 19, 2017 at 12:19 pm

      • i shop at walmart regularly. i’ve come to the conclusion that none of their non-management jobs deserve $15/hour for the same reason.

      • Dealing with clientele day in and day out, it’s scary that the average person acts like a moron.

        JS

        October 19, 2017 at 5:29 pm

      • Only truly disabled deserve it. For everyone else – flogging and forced labor.

        Yakov

        October 19, 2017 at 5:36 pm

  5. Could he possibly have not known his statement was his letter of resignation?

    I like the reaction: Faber’s statement was “racist,” but nothing about whether it was true.

    Mark Caplan

    October 17, 2017 at 2:44 pm

  6. Genuinely feel for this poor man, who will now be crucified by the white liberals who rule the American media and financial worlds, and who in their heart of hearts very likely believe everything he’s said. My advice to him, stay in Thailand for its much lower levels of hypocrisy and its lovely food.

    Roli

    October 17, 2017 at 2:45 pm

    • If the civilizational top occurs, and its clear that the top is in for the reasons Faber elucidated, then you can’t be a great visionary and miss this one.

      The great intellectuals of our era will be categorized according to whether they were able to see or not.

      Faber’s place as an intellectual in our benighted age is secure.

      And more, I believe this was not (only) an embittered comment by Faber but a purposeful sacrifice by a man who hopes more will see and help to slow the decline. Can technology find a way to save us from The Big One? Some geneticist has the potential to be the greatest figure in history, if a save is possible which it probably isn’t.

      The probability that he will be vindicated by history is 100 percent. Civilization will decline, sharply, and the reason will be plain in retrospect.

      I am here in based Austria, and I think they know already. With Faber’s comment, I am betting the investment community is being black pilled in a big way. Once you know something, it is very hard to un-know it

      Dan

      October 17, 2017 at 5:30 pm

      • “The probability that he will be vindicated by history is 100 percent. Civilization will decline, sharply, and the reason will be plain in retrospect.”

        The Left will always find a way to explain it away, they’ll just say it was all Trump’s fault or something. We are already in a situation where every single Black country is a failure and every White country is a success and they have had no difficulty in persuading virtually everyone that it is just an historical accident.

        DataExplorer

        October 18, 2017 at 12:35 pm

      • A big decline in America and the inability of the new people to pay the debts of the old cannot be ignored.

        Technological progress has continued, stock markets have soared and life expectancies have increased almost everywhere. There is an Indian summer due to the Flynn effect, cheap mass produced goods, deficit spending and the temporary demographic dividend of workers with few or no kids/dependents.

        The will not last and winter is coming.

        Dan

        October 19, 2017 at 3:25 pm

  7. Faber runs his own investment firm, so unless he fires himself he won’t be unemployed. Maybe he will get invited on to Western TV less often, but if he needs that fix he can appear on RT and other alternative news sources more often to compensate. He’s past retirement age, wealthy, and lives in a city where even Lion’s $90,000 salary would be enough to live like a King. I think living abroad helps with HBD too. I’ve never met anybody who has lived in Southeast Asia for any amount of time who doesn’t talk about the local populations in HBD-friendly terms.

    PerezHBD

    October 17, 2017 at 3:04 pm

    • Without free marketing, he won’t get any new business, and many of is currents clients will quit. But he’s old and financially well off, so maybe he doesn’t care.

      Lion of the Blogosphere

      October 17, 2017 at 4:08 pm

      • Are you kidding? If he makes them money none of his current clients will quit. As for new business, well, you and Richard Spencer can give him a call!

        gothamette

        October 17, 2017 at 4:22 pm

      • Maybe he doesnt want or need new money for his fund. This wasn’t an accident. It was in a newsletter that takes a lot of time to write.

        Don’t worry about him. Feel bad for all the miserable losers who know the truth but need to kiss up until the end of their days for crumbs of public approval. Warren Buffett, I am talking to you. WB, based on his lifelong focus on PP, knows the truth but dares not say it.

        Dan

        October 17, 2017 at 4:51 pm

      • That’s not the kind of customers he has. To the extent there’s outrage it’s free publicity in his case.

        bobbybobbob

        October 17, 2017 at 4:54 pm

    • For the record, Faber’s primary business appears to be punditry and publishing this newsletter, not managing money. Unlike someone like, say, Buffett or Howard Marks, who are investors by trade, send their letters out for free, and spend much less time commenting on TV.

      Wency

      October 17, 2017 at 8:45 pm

    • Lion doesn’t make $90,000. Maybe low IQ people like myself make that, but not Lion. How can you even think that he makes that? With an electrical engineering and a law degree? This ain’t some EU banana Republic here, this is USA! At least $160,000 for Lion, I say.

      Yakov

      October 17, 2017 at 10:57 pm

      • There are far too few jobs paying $90,000 compared to the number of people capable of performing them. Less than 25% of New York *households* (not incividual earners) make six figures, and less than 35% make $75,000.

        In just the past 30 years, education levels (and, more importantly, *expected* education levels when seeking employment) have skyrocketed. In 1950 if you had a STEM degree (even a bachelor’s), spoke three languages, and could learn quickly, you were set for life. Today it gets your resume in an electronic database iwth hundreds of other people, just as qualified as you if not more, all willing to work cheaply.

        I will be very pleasantly surprised for Lion if he makes over $90k. There is certainly no shame in making less than that.

        Kyo

        October 18, 2017 at 10:52 am

      • I make more

        Lion of the Blogosphere

        October 18, 2017 at 12:27 pm

      • ‘I will be very pleasantly surprised for Lion if he makes over $90k. There is certainly no shame in making less than that.’

        I already told you how much Lion makes so you don’t need to ask again. You don’t trust me or something? For Lion to make $90,000 is humiliating and is a certificate of a lack of evolutionary fitness. If he were painting or taking photos for a living, $90,000 wouldn’t be bad. So it depends on what you are doing, obviously. In general though, you gotta think $200-250,000 as you minimum base requirement. It’s just dollars and cents. Someone has got to pay them bills, you know. It’s very simple. Unless you want your family and race to just disappear.

        Yakov

        October 18, 2017 at 1:02 pm

      • ‘There are far too few jobs paying $90,000 compared to the number of people capable of performing them. Less than 25% of New York *households* (not incividual earners) make six figures, and less than 35% make $75,000.’

        Mate, I’m sorry, but this is absurd. There is no such thing as being ‘capable’ of making $90,000 and not making $90,000 because nobody is valung your skills at $90,000.

        If you don’t make $90,000 then you are not capable of making it for whatever reason. This is very simple. ROFL.

        Yakov

        October 18, 2017 at 1:13 pm

      • I make more

        Lion, to go back to that place you better not have accepted less than a barest minimum of $95-100 for direct/1099 consulting or $85 per hour for W2.

        If you accepted anything less you screwed yourself.

        Camlost

        October 18, 2017 at 11:20 pm

      • There’s only a single company willing to pay me any money at all.

        Don’t be a loser like me. Go to Harvard and then get into a profitable career track.

        Lion of the Blogosphere

        October 19, 2017 at 7:43 am

      • @Yakov “I already told you how much Lion makes so you don’t need to ask again. You don’t trust me or something?”

        Well, Perez said he made $90k; you said he made more than $160k. Either one of you could be correct.

        I envy anyone who earns $90k. Here at my Japanese financial services company, only upper-upper management get paid that much, and they have to put in 30 years of work at 3,000 hours per year and be the one man in ten who is chosen to get that high. The vast majority puts in the long hours, destroying their souls in the process, but never get the money.

        NYC wages are a lot higher than most other cities, Tokyo included, but even then $90k is the elite. There is no shame at all in never reaching that number; I admit right now that I never will.

        Kyo

        October 19, 2017 at 4:26 pm

      • Single man with no obligations, a low six figure salary can go very far in NYC, only with the exception of housing ~ the silent killer when it comes to money, and the other being taxes.

        JS

        October 19, 2017 at 9:34 pm

  8. cnbc strikes back by posting a list of black majority countries that are better to live in than the US

    List follows:

    everybodyhatesscott

    October 17, 2017 at 3:09 pm

    • Japan is 100% non-white and a great place to live!

      Lion of the Blogosphere

      October 17, 2017 at 4:09 pm

      • And they also happen to be HBD believers and profoundly suspicious of Islam.

        Roli

        October 17, 2017 at 4:20 pm

      • Probably not a great place to live unless you are Japanese–it is a very racist country. Besides, one of the reasons Japan has done so well since the War is that the Americans forced them on to the right path when it occupied them. (obviously having America trying to set, say, Haiti on the right path would be fruitless.)

        Without this Westernizing influence who knows what Japan would be like now. Up until they were defeated they thought that their emperor was a god and that they were the master race. If Japan had arrived in the new World before Europeans and populated the continents — well — who knows what things would be like, Probably not good. They are a very cruel race. I don’t think they had an Enlightenment or anything like that.

        Rosenmop

        October 17, 2017 at 7:04 pm

      • everybodyhatescott didn’t suggest a list of non-white countries.

        Lion: would you like to be Japanese?
        A lot of people seem interested in Japan but few express a wish to actually be Japanese.

        Simon

        October 17, 2017 at 10:32 pm

      • That’s a tough one. Japan has downsides, like people working so hard they die on the job.

        Lion of the Blogosphere

        October 17, 2017 at 11:34 pm

      • Very true, and they keep it that way by not allowing average people to move there. So, Japan is luckily not for everyone.

        Seingalt

        October 17, 2017 at 10:35 pm

      • It is… but mostly great for Japanese. That’s the irony of truly “great places”. They are mostly great due to the result of a homogenous population, and that greatness is preserved because of their hostility toward outsiders. Japan is a delight as an outsider who is not too sensitive. One only needs to ignore that they will never be able to integrate, fit in in any way, and will be (rightfully) resented for being there and threatening their civilization as a result of that.

        Japan is one of perhaps two or three (if being extremely generous) true exceptions to the white-great-place rule. Japan, SIngapore (which gets an asterisk for having very little land area to manage and develop) and ?. Perhaps someone’s perfect low cost hot getaway in which they can insulate themselves from the extreme poverty. Or Hong Kong if we are pretending that it isn’t a part of China.

        That being said, Japan does first world civilization much better than the U.S.

        In comparison, the US is a mud-pit that is increasingly plagued by the lack of NAM intellect as they run our infrastructure and become integrated into our institutions. Every time that a experience truly hapless subway management waiting on the platform in a major liberal US city, I dream of Tokyo.

        Jon

        October 17, 2017 at 10:39 pm

      • Japan is full of does and donts and taboos. Tons of weird sex maniacs and feteshists there. Pain in neck place to live in. There is something wrong with them. USA is a million times better. Nice to visit though, my niece just spent 3 months there. She telecommutes so she travels all over world while working. Got a degree in EE from the best university in Russia and is a programmer. Very cool job. This is what I call smart.

        Yakov

        October 17, 2017 at 11:05 pm

      • “Besides, one of the reasons Japan has done so well since the War is that the Americans forced them on to the right path when it occupied them.”

        Actually, the American occupation did not really change anything and reinstalled the pre-war Japanese elites of Imperial Japan as the US was primarily interested in Japan as a Cold War outpost against the communists.

        A better example would be Germany, where the US led an extensive de-Nazification campaign and forced liberalism on Germany. There was nothing comparable done to Japan.

        Tom

        October 18, 2017 at 12:54 am

      • ‘like people working so hard they die on the job.’

        Killing yourself on the job is bad, but to die on the job as opposed to some nursing home hell hole is a great way to go. Dying for your nation and country is better though. A lot of people don’t have either nowdays. So they live and die like dogs.

        Yakov

        October 18, 2017 at 7:35 am

      • Japan is a wonderful place to visit and even to work, if you can fashion a life for yourself outside the standard “salaryman” culture. You’ll work 12-hours days stressing yourself out because you need to read the minds of your superiors. You’ll develop a sense of self-discipline that would make a military man or Olympic athlete envious. Your self-esteem and self-worth will plummet because of all the passive aggression that is a part of everyone’s daily life, Japanese or now.

        Yes, the Japanese don’t think much of other races. People will either subtly insult you with bogus praise because you strung together a three-word sentence, or overtly insult you because your Japanese is only 97% perfect and you missed a particle somewhere in a paragraph of text.

        Come visit; it’s a clean well-run society. And compared to the automobile-centric US, you can still lead a normal middle-class life with job security even if you can’t drive a car. The trains run perfectly, there is very little violent crime. I’d say live in Japan for three to five years, then get your kids back to the US before they reach junior high school. That’s when the indoctrination starts.

        Kyo

        October 18, 2017 at 11:03 am

      • Kyo, is this true or not?

        http://mobile.abc.net.au/news/2017-01-07/women-subjected-to-daily-trauma-on-tokyo-subway-gropers/8166672

        All my daughters and granddaughters only use women drivers when taking a car service, but in Japan you can’t even allow them in public places looks like. Tell me these chaps are normal now.

        Yakov

        October 18, 2017 at 12:52 pm

      • “Japan is full of does and donts and taboos”.

        With all due respect, yes, these are their rules. Rules, and especially cultural rules and the ability to follow them, are what make a place nice.

        The opposite of Japan is Africa.

        The middle ground in a nation that isn’t a free for all like the USA, which is still shit, would be a nation like Portugal who follows the rules enough to have superfiicial civilization but is still broke, culturally deficient, and full of people with too much emotion and not enough brains nor morality (rules).

        “Tons of weird sex maniacs and feteshists there”.

        Versus here? Versus anywhere?

        Give me a nation of peaceful, polite, introverted sex maniacs who follow rules every day of the week instead of a mud nation of highly sexually deviant NAMs and descendants of the worst of Europe (much of us) who lack any unified national spirit, shared group morality except the morality of anything goes, or significant culture.

        I’d be willing to bet that highly deviant fetishes are more prevalent here, if less accepted. In fact, that’s what I’ve seen in the new generation. Japanese tentacle porn is weird but it is a drawing, and was largely a rule circumventing fluke in response to pornography repression. I see much worse stuff here, on social display by the younger generation, that is real.

        “Pain in neck place to live in”.

        Eh…not so much. Maybe if you can’t be bothered to learn a few rules or can’t communicate. Otherwise, I read “pain in the neck place to live in” as “they aren’t a multicultural cesspool that has degraded themselves enough to relieve me from ostrazication for not learning rules, being a foreigner, or my lack of communication ability”.

        How do you think that the Haredi population makes Israel for non-Jews who live there? Do you agree that they make Israel (or Brooklyn) a “pain in the ass” or is that situation different for you than the not-even-equivalent situation in Japan?

        Some parts of Japan are difficult by design, which is good. Some parts of Africa are easy, which is bad. Other parts of Japan are easy and relieving to the human spirit in a manner that is not found elsewhere. This is because the human spirit, at its core, craves civilization both in its manifestation in the real world and in its manifestation in the soul. This is the human part of the soul. Because of their penchant for order, Japan fills both needs. Africa fills the need of the animal in the human soul.

        “There is something wrong with them”.

        There is something wrong with everyone. In sum, and by the numbers, there is less wrong with them than most others.

        I find it curious that a nationalist such as yourself, Yakov, would be so critical of the de facto successful nationalists in Japan. Why be a hater?

        “USA is a million times better”.

        The USA is a mudpit in its cities. I’ve lived in many of them, and currently live in yours. The only nice places of the USA are the white parts in-between and the very wealthy cities/areas because money at least makes the surface of anything nice.

        The USA, objectively, is not a million times better but a couple of levels worse than Japan in every measurable category except the “do what the f I want” category. The USA is part African in that manner. Your statement makes me think that you have not been to Japan. Nothing about the impression that it leaves on a visitor would even cause them to come away with an impression that the USA is better’ and I say that as a harsh critic of the rest of Asia, having actually lived in multiple places in the region.

        Jon

        October 18, 2017 at 3:57 pm

      • “That’s a tough one. Japan has downsides, like people working so hard they die on the job.”

        On the plus side, Japan has no guidos.

        maryk

        October 18, 2017 at 10:33 pm

      • ‘I find it curious that a nationalist such as yourself, Yakov, would be so critical of the de facto successful nationalists in Japan. Why be a hater?’

        Please…. when did I say that Japan should let in any foreigners, Jews included?

        They rub me the wrong way though. I’m not an actor and am not interested in putting on a show my whole life. I like straight talking people, who mean what they say and say what they mean. It’s they who can’t communicate obviously. They are just very weird.

        I’m sure that I would have had good time in Japan or Kenya while visiting, but that’s not the discussion here. I mean, who is gonna grope me on train there?

        Yakov

        October 18, 2017 at 11:53 pm

      • ‘How do you think that the Haredi population makes Israel for non-Jews who live there? Do you agree that they make Israel (or Brooklyn) a “pain in the ass” or is that situation different for you than the not-even-equivalent situation in Japan?’

        Mate, context please! The question was for Lion weather he would like to be Japanese and that’s what I thought we were talking about. If you are a non-Jew in Israel, you contact with the hareidi population is very minimal, who would even cares or needs to mix with them? You want to become a hareidi now? I say don’t do it.

        Look, nationalism has to make sense. For example, for Mussolini to attack Ethiopia and use poisonous gas against those poor niggers is wrong, evil and made no sense. For Falange to claim jurisdiction over Portugal was absurd. Your nation isn’t the only one that has a place under the sun, you know. You get my drift?

        Yakov

        October 19, 2017 at 1:39 am

      • There were only 100 participants. It’s not like everyone in Japan is doing that.

        Lion of the Blogosphere

        October 19, 2017 at 8:16 am

      • There were 900 spectators. It was all the rage. I want someone to tell me that this is normal.

        Yakov

        October 19, 2017 at 9:12 am

      • I’ve heard that in Japan they don’t sell cameras with the time release delay because it was being used by so many pervs taking pics up girl’s skirts.

        I suppose that wd be considered a feature, not a bug, to most guys here, of Japanese society.

        gothamette

        October 19, 2017 at 6:46 pm

    • I don’t see the list.

      gothamette

      October 17, 2017 at 4:23 pm

      • That’s the point. Barbados is generally considered the most developed black majority country though,

        Magnavox

        October 17, 2017 at 6:46 pm

      • They have a lot of white people.

        gothamette

        October 17, 2017 at 11:35 pm

      • Hahahaha

        JohnnySixpack

        October 17, 2017 at 9:00 pm

      • OK, I got it.

        I was fooled. I thought it was some bullshit SJW list that he’d left out.

        gothamette

        October 17, 2017 at 11:35 pm

      • Barbados is 92% black according to the CIA world fact book.

        Magnavox

        October 17, 2017 at 11:57 pm

      • It’s the 1% in any society that stirs the drink. Magnavox, u r a silly troll.

        gothamette

        October 18, 2017 at 8:17 am

      • “It’s the 1% in any society that stirs the drink. Magnavox, u r a silly troll.”

        If that is the case then why would any of us be concerned about immigration?

        DataExplorer

        October 18, 2017 at 12:12 pm

      • Let’s back up. I responded to someone who pointed out correctly that Barbados was 92% black. Geddit?

        gothamette

        October 18, 2017 at 3:06 pm

      • Barbados is 92% black according to the CIA world fact book.

        The reason that the Bahamas and Barbados are somewhat functional are due to their leaders behaving in an EXTREMELY British fashion. (they both also get an influx of tourism dollars and the Bahamas also get infusions of cash by secretly allowing their cays to be used by the cartels for drug smuggling)

        I’ve taken several long trips to the Bahamas and talked a lot with the natives (at the Fish Fry or away from touristy areas) being the only American guy around. The funniest thing is when you are in Nassau and you listen to the local radio equivalent of NPR and it features black Bahamian leaders arguing politics and fiscal policy points and no one is mentioning racism or the white man it is quite bizarre. I could not believe my ears.

        When I was there in 2011 the local government was discussing new proposals for mandating LGBTQ law and the younger Bahamian diving guides (black) were not happy with that, thinking that it was through “yankee domination” that the Bahamas was considering adopting those laws. We told them “hey, we are from down South, we don’t support that stuff” and they appreciated it very much. THAT was a very strange situation, to say the least.

        Camlost

        October 18, 2017 at 11:29 pm

      • The reason that the Bahamas and Barbados are somewhat functional are due to their leaders behaving in an EXTREMELY British fashion.

        Every nice western country involves people acting like one kind of a northern European protestant or another.

        My point was just that Barbados is the nicest black country. And that if any black country deserved to be listed as having a higher standard of living than the US it was Barbados, which really doesn’t deserve that.

        Magnavox

        October 20, 2017 at 12:21 am

    • The Japanese are inherently a people who want law and order. This was before and after World War II. The same cannot be said about their highly corruptible East Asian neighbors whom they terrorized in the past.

      JS

      October 19, 2017 at 12:07 pm

    • @Yakov – The trains are nowhere near as bad as the alarmist, “ooh, look how weird and exotic Japan is!” Western media would have you believe. Yes, there are gropers, and they prey on young girls whom they don’t think will say anything. But you wouldn’t avoid the train just to avoid a groper. The average person might spend 300 hours a year on tightly packed trains and eventually you’re going to be stuck next to this kind of human garbage just like people eventually run into scammers, thieves, and muggers.

      There is also a problem with teams of scam artists framing innocent men, knowing that the police will always side with the female accuser and that even an accusation can ruin a man’s life; see the excellent Masayuki Suo movie “I Just Didn’t Do It”. It’s a difficult problem on every side.

      If there’s one good thing about the Big Brother-like security cameras that seem to be everywhere these days, it’s that these horrible molesters have a better chance of being caught. It should become easier to build cases against repeat offenders in particular.

      Kyo

      October 19, 2017 at 4:36 pm

  9. I guess he decided to retire and wanted to go out with a bang

    Mike Street Station

    October 17, 2017 at 3:09 pm

    • Twitter has erupted. You should see the indignation. It’s very funny.

      gothamette

      October 17, 2017 at 9:11 pm

  10. lol

    Hopefully when Buffett exits the game he’ll go there too. Gates has gone there, in a PC way, not as direct, but he has gone there.

    glad to post here

    October 17, 2017 at 3:13 pm

  11. Pretty sure he’s self employed. Writes a newsletter and does some other stuff. Lives mostly in Thailand and I’d guess bangs a lot of hookers.

    bobbybobbob

    October 17, 2017 at 3:35 pm

  12. He’s Swiss & lives in Thailand. That’s why he could get away with saying it. I expect he’s rich enough to tell the world to go fuck off.

    gothamette

    October 17, 2017 at 3:44 pm

    • Not the world, but certainly those who think they run the world.

      Roli

      October 17, 2017 at 5:17 pm

    • He’s Swiss & lives in Thailand. That’s why he could get away with saying it. I expect he’s rich enough to tell the world to go fuck off.

      If he does his business primarily in Asia his clients won’t bail. Presumably he has more than enough money that he could retire comfortably if he closed down his fund.

      The Undiscovered Jew

      October 17, 2017 at 6:01 pm

  13. Don’t feel bad. He knew what he was doing. He didn’t do this by accident, he did this for history.

    This contrarian is 71 years old. History will vindicate him, and the contrarian who called so many market tops now calls the civilizational top, and concisely shows his work.

    I wish more men like him would drop truth bombs in old age. What is the point of having f$ck you money if you can’t tell the truth when you are old?

    Dan

    October 17, 2017 at 4:37 pm

  14. Your move, Ta-Nishi.

    gda

    October 17, 2017 at 4:45 pm

    • A debate between Fabre and Ta-Nishi would be like a match between a cobra and a hampster, a feral, dim-witted hampster admittedly.

      Roli

      October 17, 2017 at 5:20 pm

    • He’ll have a NYT refuting the claim, probably claiming that racism has kept all of Africa from producing anything resembling safe first world civilization, and will then proceed to move to Copenhagen next year.

      Jon

      October 17, 2017 at 10:44 pm

  15. He has made other comments over the years about the work ethics of Africans, so I’m surprised it took this long for the media to notice. If I had the money and the need, I would be happy to buy his newsletter. Who knows how many new subscribers he may get.

    It’s nice to hear such truth out in the open.

    Someone

    October 17, 2017 at 4:48 pm

    • I was intrigued by this comment, so with some Googling I found this:

      “Daily Bell: What do you think of frontier market investing, specifically in Africa? Is Africa the new China?

      Marc Faber: Africa has no chance to be the new China, not in a million years. You just have to look at how Chinese work, and their work ethics and the work ethics of black people. This is not a racist observation; it’s a common sense observation. I love Africa. It’s the most beautiful continent and the fact that people are easy-going is rather a plus than a negative. But I wouldn’t want to live in Africa for security reasons. There’s a lot of crime and theft and so forth, and number two, wealth that comes from resources usually – there are exceptions – usually does not lead to lasting wealth. And the upturn in Africa is largely from the resource price increase.

      So whereas I believe that there is some value in some African markets and whereas I believe that what I called in the late ’70s and early ’80s, along with other people like Barton Biggs and Antoine van Agtmael, what we call emerging markets now, many emerging markets are no longer emerging; they’re advanced economies, like South Korea, Taiwan, Hong Kong, Singapore. Now we have new emerging economies like Kazakhstan, parts of the former Soviet Union, African countries, Mongolia, Myanmar, Cambodia, Laos and so forth. So I’m sure there is some merit of investing in these regions. There is also what I have experienced, a significant execution risk. In other words, people go in there and they buy stuff and then they don’t take much money because they’re being cheated out or promoters of the projects make the money and not the investors. But in general, the concept appeals to me.

      I would also say, we have to broaden the concept of emerging markets to emerging industries. You make much more money in investing in biotech and in the Internet and social media stocks in the last few years. It’s not a recommendation to do it at the current level of stock prices. But I’m saying in the last three or four years you made much more money in emerging sectors of the economy than investing in Laos and Cambodia and Mongolia.”

      http://www.thedailybell.com/gold-silver/anthony-wile-marc-faber-on-commodity-cycles-monopoly-central-banking-and-the-wealth-redistribution-craze/

      Hieronymus of Canada

      October 17, 2017 at 10:58 pm

  16. I expect to see more of this. The HBD dam is going to break pretty soon. Because it has to and the scientific community cannot hide from this forever. I expect most of the research will come out of Asia, particularly the Chinese, who have zero racial guilt and will have a deep inner need to justify their lust for global supremacy.

    B.T.D.T.

    October 17, 2017 at 5:52 pm

    • When China takes over the world, that will happen. I know TuJ disagrees, but:

      https://www.theatlantic.com/international/archive/2017/10/china-belt-and-road/542667/

      gothamette

      October 17, 2017 at 11:38 pm

    • The Chinese don’t care about the truth. They enjoy pricking America about the plight of blacks, so they would have no interest in illuminating the subject in a way that reduces their ability to do so.

      Rogal Dorn

      October 18, 2017 at 5:06 am

      • That our primary enemy champions the plight of blacks among us should tell any discerning individual all that they are required to know about the issue.

        Jon

        October 18, 2017 at 4:01 pm

  17. if one is not allowed to say it, it is guaranteed to be true.

    there’s no need for proscriptions on the ridiculous.

    ron burgundy

    October 17, 2017 at 6:03 pm

  18. Faber is like a real life Bond villain. He’s rich, Swiss, has a heavy accent, and lives in a remote mansion in the jungle with his Thai wife and probably the world’s biggest private collection of Mao propaganda. He’s also a doctor and has a Bond villain like nickname. This quote is just the latest touch in making him seem like a Bond villain.

    Tom

    October 17, 2017 at 6:10 pm

    • Also, he owns farmland around the world and hints that he grows drugs on his land in the Golden Triangle, which is another thing that makes him like a Bond villain:

      Tom

      October 17, 2017 at 6:25 pm

  19. the last Parts Unknown was in lagos. a native nigerian said, “until there is a successful black country, blacks will not be taken seriously wherever they are.” i guess tiny caribbean countries don’t count.

    ron burgundy

    October 17, 2017 at 6:16 pm

    • Yeah, they don’t. Any nation that was founded by Whites and is currently supported almost exclusively by tourism will not count. A bounty of nature does not speak to accomplishment.

      Additionally, have you ever checked the Caribbean murder rates? One would likely be better off in Mexico.

      Jon

      October 18, 2017 at 4:18 pm

  20. He’s a private investor, advisor, and publisher. Most people that do business with him are other private investors and wealthy individuals and families whose activities aren’t public. He probably won’t appear on CNBC anymore but his real business probably won’t be affected.

    Tom

    October 17, 2017 at 6:19 pm

  21. I think it important that it was mostly people from north west Europe (the Protestant parts of Europe) who populated America initially, and set the tone. These are the people who had a low-corruption and high-trust society with a strong work ethic. People like this also populated Canada, Australia and New Zealand. Apart from Europe itself, America, Canada, Australia and New Zealand seem to be the best places in the world. People from the 3rd world are voting with their feet and trying to move to these countries in droves.

    Latin America didn’t do well because it was colonized mostly by people from corrupt Catholic countries such as Spain and Portugal. (I don’t think Spain ever recovered completely from being invaded by Muslims) And Latin America seemed to be much more densely populated with New World natives. In Canada the native population was much sparser. All over the New World a lot of natives died from old World diseases, but there were a lot more of them left in the southern part of the New World. And they are corrupt and tribal, and not good at creating liberal democracies.

    Some British colonies such as Hong Kong and Singapore have done well despite not being populated with white people. But like Japan, they had a Western culture forced on them for a time, and the people were smart enough to see that the low-corruption part of that culture was a good thing. French colonies seem to have all turned out very badly. Even Quebec and Louisiana, unable to shake off their French roots, are slightly more corrupt and backwards than surrounding areas! I understand about HBD, but CULTURE is also very important.

    Can America, Canada, Australia, New Zealand and north west Europe hang on to their pleasant, high-trust, low-corruption cultures even as they are swamped with 3rd world people? We shall see, but I am not very optimistic. Vancouver seems to rapidly becoming a place for rich Chinese to launder money in real estate and gambling. It is sad to see this happen to your home town. (To be fair, it was stupid white people who decided 20 years ago that casinos were a good way for the provincial government to raise money.)

    Look at the corruption map here:

    https://www.transparency.org/news/feature/corruption_perceptions_index_2016?gclid=Cj0KCQjw1JbPBRCrARIsAOKj2Ply9h_R1OecqQL9E9Q5Kl5QbCHmAPagk4S2DioUUfBvYOw9l3OMgYQaAiJIEALw_wcB

    Protestant European countries and places populated mostly by Protestant Europeans are the places where there is low corruption, for the most part. The Protestant Reformation was a reformation of the very corrupt Catholic church. So these countries have a culture in which corruption is considered bad. disgusting and shameful. People raised in this culture, for example, think it would be better to fail an exam than to cheat. Compare that to the mainland Chinese, for whom cheating is as natural as breathing. You can’t make a student from China feel ashamed for cheating . (I’ve tried!)

    Rosenmop

    October 17, 2017 at 7:37 pm

    • ” We shall see, but I am not very optimistic”

      Me neither. I think the US is addicted, and like an addict, will die with its dope.

      gothamette

      October 17, 2017 at 11:40 pm

    • The British governed Hong Kong and Singapore, but didn’t really force Western culture on the population. They often didn’t even deal with the population directly, but through local elites. British Singapore was divided into ethnic quarters with their own populations and cultures.

      Also the British often promoted Muslim jihadists against secular and foreign governments like the other European empires and the Ottomans. They promoted Muslim revolt in China. They promoted the Rohingya Muslims in British Burma, and this support continues to this day where they favor the Rohingya Muslims against the Buddhists of Myanmar.

      The British also supported blacks against he Boers in South Africa.

      It’s not really accurate to say that the British were unique in promoting Western culture. That perception is skewed by the fact that North America and Oz/NZ were huge and sparsely populated. The Catholic Spanish imperialists would never have tolerated promoting Muslims like the British did. The French have also been better at protecting their culture in Quebec.

      The Anglosphere has more of a culture of legalistic corruption which doesn’t get officially counted as corruption. Hillary Clinton getting paid millions for speeches or for the Clinton Foundation doesn’t technically get counted as corruption because it’s all legal and carefully managed by lawyers.

      Tom

      October 18, 2017 at 1:23 am

    • “,,. but CULTURE is also very important. Culture emerges from genetics. Culture influences genetics.

      Clay

      October 18, 2017 at 8:23 am

      • Apparently, Northern Europe, especially the Anglosphere is lacking in vibrant culture.

        JS

        October 19, 2017 at 12:13 pm

    • @Rosenmop, great comment!

      Mike Street Station

      October 18, 2017 at 10:02 am

    • Interesting map, I always wonder why Chile always seems to score higher on these kinds of things than Argentina, when Argentina is mainly White and Chile is mainly Mestizo.

      DataExplorer

      October 18, 2017 at 12:29 pm

    • Downside of Protestant European nations is that they are bland as blanche bread.

      JS

      October 19, 2017 at 12:12 pm

  22. He’s independently wealthy. He doesn’t need to care about political correctness.

    GondwanaMan

    October 17, 2017 at 8:08 pm

  23. I don’t get his comment about the Nanking massacre. Is he saying it didn’t happen?

    Mrs Stitch

    October 17, 2017 at 9:10 pm

    • He seems to be saying that’s an example of people not saying something true because of political correctness. Kind of a lame example, if I’m understanding him right.

      Greg Pandatshang

      October 18, 2017 at 6:26 pm

    • “his latest newsletter ignited international outrage, with the publication of a litany of inflammatory and racist comments.”

      The Mop and Pail is a leftist rag.

      Rosenmops

      October 18, 2017 at 12:32 am

      • Right, but I gave the quote because it’s a good compendium of the predictable outrage. I wonder if any of these noble people condemning Faber have ever considered visiting Zimbabwe?

        gothamette

        October 18, 2017 at 8:19 am

      • They would believe that Zimbabwe is screwed up because of white colonialism and not because of HBD. You can’t argue with SJWs

        Lion of the Blogosphere

        October 18, 2017 at 10:03 am

      • Oh, you’re right, but they should still visit anyway. And invest! It’s their duty.

        gothamette

        October 18, 2017 at 10:09 am

  24. Hopefully Dr Doom is old and rich enough not to care. It seems that people become less cautious as they age – whether it’s part of the aging process or rationally weighing up that the downside has greatly reduced – you get some frank opinions from our elders.

    Simon

    October 17, 2017 at 10:30 pm

  25. “In a time of universal deceit – telling the truth is a revolutionary act.”

    George Orwell

    Oswald Spengler

    October 17, 2017 at 10:56 pm

    • I don’t expect a revolution for quite some time.

      gothamette

      October 18, 2017 at 8:24 am

  26. Faber is a really smart guy and a joy to listen to. What I like most about him is the fact he readily admits that you are almost always better off investing in index funds than giving your money to somebody like him to actively manage.

    PerezHBD

    October 18, 2017 at 9:24 am

  27. “If you don’t make $90,000 then you are not capable of making it for whatever reason. ”

    This is a textbook example of a statement that is either manifestly untrue, or else a tautology.

    martin2

    October 18, 2017 at 6:55 pm

    • Maybe it is a textbook example, I dunno.

      This is like all these losers thinking that they qualify for a beautiful woman, but there just isn’t enough of these women for everybody. This is just very funny. I mean, you ain’t got no job and you ain’t got no woman, but you ‘qualify’? WTH does this even mean?

      Yakov

      October 19, 2017 at 12:27 am

  28. The most popular comments on the FT are supportive of Faber.

    Dave Pinsen

    October 18, 2017 at 8:11 pm

  29. What was disappointing is that he was kicked off the board of gold mining companies and investment funds. Gold mining investors are like 90% right-wing or far-right, lots of them are Ron Paul types. It really shows how ALL sizable corporations are taken over by open borders PC.

    The best part of his statement is that it is so obviously true.

    Popp

    October 18, 2017 at 10:04 pm

  30. This comment by Dr. Doom is utter subterfuge employed as a pretext for the viral mob to manifest itself in order to enforce totalitarian integration and possibly provoking annihilating predispositions in a disparate array of healthy white men.

    The reality of “our” situation is both a decentralized “host” aware of being eaten alive from the inside out and a parasite class recognizing the very deadly consequence of any ideas of “separation” reaching any kind of critical mass where “critical mass” is defined as that part of the decentralized “host” with enough resourceful autonomy to exterminate the parasite starting locally and venturing out globally.

    thordaddy

    October 19, 2017 at 1:40 am


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