Dr Faber is one of the few experts who predicted the 1987 stock market crash as well as the current recession, so his view of the future is a particularly interesting one. Speaking at the beginning of the week to a number of investors he made some fascinating warnings.
The first centred around economic instability not being the only major factor and reminding his audience that if their was another major war many business would cease to function.
He asked fund managers what would happen if the internet stopped working or mobile phones were cut off. He went as far to say that fund mangers should consider buying houses in the countryside to avoid attacks on cities.
He also asked some interesting questions about wealth – What assets can you carry with you if you could?
Although these are spine chilling warnings, they do bring up some really interesting points about businesses and people becoming very reliant on the status quo. In a situation like Dr Faber was describing all you have left at the end is yourself and your skills. Which is why investing in yourself with distance learning is such a good idea.
Studying courses like Plumbing, Management and Electrical Installation by distance learning gives you skills which will always be in high demand and will always be yours! Making you more employable whatever happens in the world.
