Maher, It is dangerous to be in denial. China is making friends with with oil rich countries because they are looking 20, 40, 60 years down the road. That's fortitude.
In contrast, our corporate focus is quarter to quarter, at most 2 - 4 years. There is something to learn from the Chinese, given our current situation. That's short-sightedness.
Collapse of the BRIC Trade [View article]
It is dangerous to be in denial. China is making friends with with oil rich countries because they are looking 20, 40, 60 years down the road. That's fortitude.
In contrast, our corporate focus is quarter to quarter, at most 2 - 4 years. There is something to learn from the Chinese, given our current situation. That's short-sightedness.