Beacon Equity Research: Jim Rogers vs. Marc Faber, Dog Fight Breaks Out in Asia
The dog fight between Thailand’s Marc Faber and Singapore’s Jim Rogers is on. The point of contention is: Which way will commodities prices go now that China’s bubble economy appears to be headed for some sort of economic slowdown, contraction or crash? “Well if we define a bubble as a period of excessive growth and artificially low interest rates, then China had a huge bubble,” Faber told King World News on Wednesday, reiterating his previous calls for a China economic hard landing. “Usually bubbles are not deflated by a soft landing, but by a hard landing and this concerns me,…