{"id":1099,"date":"2008-10-03T14:04:02","date_gmt":"2008-10-03T08:34:02","guid":{"rendered":"http:\/\/www.chiragmehta.info\/chirag\/?p=1099"},"modified":"2008-10-03T14:05:45","modified_gmt":"2008-10-03T08:35:45","slug":"marc-faber-comment-on-us-economy","status":"publish","type":"post","link":"https:\/\/www.chiragmehta.info\/chirag\/2008\/10\/03\/marc-faber-comment-on-us-economy\/","title":{"rendered":"Marc Faber comment on US economy"},"content":{"rendered":"<p>Investment analyst and entrepreneur Dr. Marc Faber concluded his monthly bulletin (June 2008) with the Following: <\/p>\n<p>\u201dThe federal government is sending each of us a $600 rebate. <\/p>\n<blockquote><p>If we spend that money at Wal-Mart, the money goes to China.<br \/>\nIf we spend it on gasoline it goes to the Arabs.<br \/>\nIf we buy a computer it will go to India.<br \/>\nIf we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala.<br \/>\nIf we purchase a good car it will go to Germany.<br \/>\nIf we purchase useless crap it will go to Taiwan <em><strong>and none of it will help the American economy.<\/strong><\/em><\/p><\/blockquote>\n<p>The only way to keep that money here at home is to spend it on prostitutes and beer, since these are the only products still produced in US. I\u2019ve been doing my part.\u2019<\/p>\n<p><em>Source : Based on a forward received.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investment analyst and entrepreneur Dr. Marc Faber concluded his monthly bulletin (June 2008) with the Following: \u201dThe federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[166,4],"class_list":["post-1099","post","type-post","status-publish","format-standard","hentry","category-forwards","tag-forwards","tag-fun","post-preview"],"_links":{"self":[{"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/posts\/1099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/comments?post=1099"}],"version-history":[{"count":2,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/posts\/1099\/revisions"}],"predecessor-version":[{"id":1101,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/posts\/1099\/revisions\/1101"}],"wp:attachment":[{"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/media?parent=1099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/categories?post=1099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chiragmehta.info\/chirag\/wp-json\/wp\/v2\/tags?post=1099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}