Have you noticed that the economy seems a bit shaky of late? You know, the Dow Industrials falling 366+ points Friday, the ongoing saga relating to bad housing loans, our government covering up the true rate of inflation by removing food and energy from its calculations so us proles feel better–little things like that?
Of course you have. So has Marc Faber, editor/publisher of the aptly named “The Gloom, Boom & Doom Report”. He’s very pessimistic about the economy. Just how pessimistic is he? His real estate advice is to “Buy a farm and learn to drive a tractor.”
Ouch.