Wall Street analyst says if black people had populated America, “the US would look like Zimbabwe”

Swiss investor and business-television commentator Marc Faber has been forced to step down from he boards of money manager Sprott Inc. and mining companies Novagold Resources Inc. and Ivanhoe Mines Ltd. Swiss following his racist comments in a  15-page edition of his investor letter, “The Gloom, Boom & Doom Report.”  Television networks CNBC and Fox Business Network said they will no longer book Faber on their shows.

In the October edition, Faber wrote:

And 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.

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He later added

If you have to live in a society where you cannot express your views and your views are immediately condemned without further analysis and analysis of the context in which [they’re written] — if you can’t live with that, then it is a sad state of where freedom of the press and freedom of expression have come

If stating some historical facts makes me a racist, then I suppose that I am a racist. For years, Japanese were condemned because they denied the Nanking massacre


More: Bloomberg

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2 comments on “Wall Street analyst says if black people had populated America, “the US would look like Zimbabwe”

  1. He simply told the truth and before you condemn me I am Black and I am Zimbabwean and I would not wish my Countries situation on Anyone

    1. he told his truth, the way he sees it. unfortunately you seem to have too little respect for your heritage and skin color to see anything wrong in openly expressed racist rhetoric from prominent people who have the power to shape the consciousness of others with their tongues. dont believe me? think black people and half naked savages running around throwing spears at animals comes to mind in a derelict backward country. think muslim? ak47 toting fanatics who behead “infidels”. think jews? big nosed rich stingy diamond dealers and the list can go on and on. think white man? ahhh…now you get it

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Wall Street analyst says if black people had populated America, “the US would look like Zimbabwe”