 |
this is part of a clear trend that will see economic power move from west to east ove
01-13-2011, 01:59 PM
|
#1
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
|
this is part of a clear trend that will see economic power move from west to east ove
Good info on how to invest for the next few decades
The dangers of fast economic growth in developing countries | Larry Elliott | Global development | guardian.co.uk
The second, and more important message, is that this is part of a clear trend that will see economic power move from west to east over the next 20 or 30 years. On current trends, the clock will be turned back to the days before the Industrial Revolution, when China and India – by virtue of their huge populations – were the biggest economies in the world.
-----
Matches up with this
http://www.early-retirement.org/foru...ars-51893.html
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
|
|
|
 |
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
|
01-14-2011, 06:35 AM
|
#2
|
|
Full time employment: Posting here.
Join Date: Apr 2006
Posts: 897
|
In Dec., I split investments 50/50, Total Stock Market and Total International Stock Market. Should've gone with FTSE Ex-US, but allocation wise...
Problem solved.
-CC
__________________
"There's those thinkin' more or less, less is more, but if less is more, how you keepin' score?
It means for every point you make, your level drops. Kinda like you're startin' from the top..." "Society" - Eddie Vedder
|
|
|
|
|
01-14-2011, 06:42 AM
|
#3
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
|
The sky is falling! The sky is falling! Run and tell the King!
And, FWIW, it was long before the Industrial Revolution -- during the Spice, Tea, Silk Era.
See, for example, A Splendid Exchange: How Trade Shaped the World
(For an excellent Review of the book go to A Splendid Exchange: How Trade Shaped the World - The Region - Publications & Papers | The Federal Reserve Bank of Minneapolis)
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
|
|
|
|
|
01-14-2011, 08:31 AM
|
#4
|
|
Recycles dryer sheets
Join Date: Jul 2010
Posts: 255
|
 Quote:
Originally Posted by RonBoyd
|
An excellent book. I enjoyed it and recommend it.
|
|
|
|
|
01-14-2011, 11:27 AM
|
#5
|
|
Recycles dryer sheets
Join Date: May 2005
Posts: 193
|
This is a good question especially for me since I will be retiring in one of these developing country. I have lived both in developed and developing country here is my thinking. I think that developing countries grow at high rate for sometime then they will stall. First thing is that will take a lot of natural resources, this will drive commodity prices which is not good. The other thing is something about culture, in most of mentioned countries people tend to save first then spend, for growth you need someone to spend. How long you can tag on spending habits of developed world for your growth.
|
|
|
|
|
01-14-2011, 04:16 PM
|
#6
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,305
|
Quote:
Originally Posted by SunsetSail
An excellent book. I enjoyed it and recommend it.
|
+2
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
|
|
|
|
|
01-14-2011, 04:54 PM
|
#7
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
|
Quote:
Originally Posted by RonBoyd
The sky is falling! The sky is falling! Run and tell the King!
|
A western society point of view.
What are they saying in India or China? The sky is rising! The sky is rising! Run and tell the President! ?
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
|
|
|
|
|
01-14-2011, 06:06 PM
|
#8
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 6,258
|
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
|
|
|
|
|
01-15-2011, 07:28 AM
|
#9
|
|
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,305
|
Quote:
Originally Posted by dex
A western society point of view.
What are they saying in India or China? The sky is rising! The sky is rising! Run and tell the President! ?
|
The USA was once completely irrelevant from a world perspective. Maybe the answer is somewhere in the middle, a balance of "superpowers" unlike that historically brief, unsustainable period when the USSR fell and there was only one real superpower. And couldn't that be a good thing if no country had unbridled influence...
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
|
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|
Linear Mode
