Marc Faber just made a surprising message for "BREXIT"

As investors wring their hands over the impact of Britain's potential withdrawal from the European Union, otherwise known as "Brexit," one of the market's biggest bears delivered a surprising message.

"I happen to think that a Brexit would be bullish for global economic growth," Marc Faber told on Wednesday. "It would give other countries incentive to leave the badly organized EU."

Currently, the EU has 28 members that operate within a single market with the goal of encouraging the free movement of goods and services. British Prime Minister David Cameron has expressed disdain for leaving the bloc, explaining in a piece for The Telegraph that doing so would "be the gamble of the century."

However, that's a risk that Faber says Britain should be willing to take and noted that the European Union is an "empire that is hugely bureaucratic."
Faber further reasoned that a Brexit would not be a disaster. "On the contrary, it would be the best thing for Britain that would ever happen!"

With expectations that Britain opts to leave the EU, Faber advised that investors should prepare for a market sell-off in the immediate aftermath, but that there will be long-term benefits.

"The establishment has said that if a Brexit occurs, they lose the export market. That's not true. They can make bilateral agreements," he exclaimed.

Faber advised that European nations should turn their focus to Asia, notably China and India, when it comes to finding fresh export partners. With this in mind, he concluded that Brexit would be a positive development for Britain and for Europe at large.

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