Emerging Markets Show Mature Markets Their Heels [View article]
I think you are correct in your thinking. In the U.S. we have now decided that it is more prudent to freeze the size of the pie and share the wealth more equally as opposed to the idea of increasing the common wealth for everyone by making the pie bigger. Moving to Singapore is looking more attractive all the time.
Emerging Markets Show Mature Markets Their Heels [View article]