As hypersensitivity across the world reaches a fever pitch, it seems that no one is immune to accusations ranging from racism to xenophobia. Nowhere was this more evident in the past week than when well known and highly trusted economic and geopolitical analyst Marc Faber was accused of racism after publishing a recent market commentary in his monthly Gloom Boom Doom Report. As is often the case, Faber analyzes global events using historical events as reference points, which in today's day and age of intolerantly silencing speech and tearing down monuments is a dangerous proposition for someone who speaks with such honesty and forthrightness. So dangerous, in fact, that Faber was quickly asked to resign several board seats at top financial and mining firms around the world.
As well, the establishment media made it clear his views were no longer welcomed at Fox News and CNBC, where he has often shared colorful and insightful ideas for years.