A question was asked to Marc Faber: would Jim Rogers wife and daughters enjoy living in Europe more than Asia? He replied that Europe is a wonderful area when it comes to culture. It is like an open air museum. It is certainly a better place to raise your family than the United States. India would also be a great place for Jim Rogers wife and daughters. The standard of living is also extremely high in Europe, but you have to pay for it with higher taxes. In a place like Shanghai, people don’t expect anything from the government.
Immigrants should be allowed to come to Europe so that they can build a good life for themselves. But there is fear in the hearts and minds of the European people because they are afraid that these people will take away their jobs. Europe is doing better than what the statistics show, and the United States is doing worse than their doctored statistics show.
The greatest investment opportunities will be in the countries that will join the EU in the future. Bulgaria and Turkey will provide tremendous opportunities. The weather is certainly better in Istanbul when compared to Amsterdam.
