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220: Marc Faber – Buying Asian Investments & Currencies On The Cheap
The Expat Money Show - With Mikkel Thorup
Are You Just Sitting on US Dollars Just Waiting on the Sidelines?
I'm sitting on some cash dry powder for the sidelines but I'm now starting to deploy it and this circles back to my questions about the Hong Kong companies because when I'm looking at these price to earnings ratio they look so attractive right now. A lot of these companies are going to get shaken out over the next couple of years and all of them will go to zero. Well in 2022 if you held cash US dollar you were okay. But how much money did you lose in meme stocks in cryptocurrencies in all kinds of scams and in equities in foreign stocks? So I think we have to realize there's a possibility that all assets will go down for the next five, ten years okay.
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