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220: Marc Faber – Buying Asian Investments & Currencies On The Cheap
The Expat Money Show - With Mikkel Thorup
Investing in Brazil and Argentine Oil
I've been investing in Brazil and Argentina a little bit over the last couple of years my listeners know my wife and I went to Brazil almost two years ago now. We gave birth to our son down there so our son is a Brazilian citizen and we have a home down there. The change in government with Lula being elected is a little bit worrying but I'm not sure how much that's going to dampen the world's needs or their willingness to get oil from other places. If you only lose 20 percent of your money and others all the others lose 50 or 100 percent then you become with your 20 percent loss relatively richer than others.
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