Marc Faber is a famous investment guru who has made his fortune and reputation by being hard-headed, objective, and cutting the bullshit. Now he is under attack for saying stuff that everybody actually knows to be correct.
In his recent newsletter “Gloom, Boom & Doom Report” Faber pointed out that it was better for the World economy that America had been settled by Europeans rather than Zimbabweans:
“Thank God white people populated America, and not the blacks. Otherwise, the US would look like Zimbabwe, which it might look like one day anyway, but at least America enjoyed 200 years in the economic and political sun under a white majority.”
Every single article in the mainstream media to report on this, is critical of Faber’s remarks. But, really, is there anyone anywhere who seriously doubts the objective truth of these comments and the fact that Whites settling the US was a massive boon to the global economy, and that things would have been quite different if the “founding fathers” had been Shona and Matabele tribesmen?
So what is all the fuss about?
I guess its a bit like, “Don’t say bad things about the retard kid at the back of the class.”
All the commentary criticising Faber’s remarks are essentially criticisms of his tone, not his facts. There is not a single attempt in all the negative articles reporting on this to say, “Hey, wait a minute, Mr. Faber, look at this fine example of Zimbabwean economic prowess.” That’s because there aren’t any, and any economic activity in those parts is mainly due to Chinese neo-colonial investment, which sort of works on the same principle as the bank seizing your house when you default on the loans.
Instead of actual criticism and refutation of Faber’s comments, all the commentariat can offer is to label them as “racist,” which is simply code these days for, “That’s true, dude, but you really shouldn’t be saying that. Be nice.” As such, all these pious articles that bandy around the R-word are simply implicit confirmations of Faber’s comments.
Are any of those people who are morally signalling on Faber’s comments actually investing in Zimbabwe themselves? That is what is known as a rhetorical question. It needs no answer because we have the answer already.
Now a word from our worthy successors on the continent of Africa, who are a lot more critical than Mr. Faber: