Wealthion · Monday, June 29, 2026
Marc Faber asserts that China leads the Western world in numerous economic sectors due to its technological advancements. He contrasts the high number of 'geniuses' in China with those in Western countries, implying a significant innovation potential.
“But the Chinese, as you know, and this most people just don't seem to realize, in many sectors of the economy, the Chinese are way ahead of the Western world.”
“But miles ahead in terms of technology.”
“But in Switzerland with a population of 8 million or 10 million, we only have 8 geniuses and Chinese have thousands.”