Capitalism, Socialism and 10-Year Returns of Country ETFs [View article]
No, they have more capacity for growth because their costs are lower!
On Sep 07 10:14 AM Alphameister wrote:
> Emerging markets inherently have much greater room for growth because > they don't require extensive innovation to achieve such growth; they > need only an increased respect for the virtues of capitalism. High > corporate tax rates are paid by all of us and cannot be ignored when > comparing tax burdens country by country. When you compare investment > returns 5 to 10 years from now, my bet is that China will again surpass > the U.S. and other developed economies by a very wide margin.
Capitalism, Socialism and 10-Year Returns of Country ETFs [View article]
On Sep 07 10:14 AM Alphameister wrote:
> Emerging markets inherently have much greater room for growth because
> they don't require extensive innovation to achieve such growth; they
> need only an increased respect for the virtues of capitalism. High
> corporate tax rates are paid by all of us and cannot be ignored when
> comparing tax burdens country by country. When you compare investment
> returns 5 to 10 years from now, my bet is that China will again surpass
> the U.S. and other developed economies by a very wide margin.