BAD FOR BUSINESS
As Global emerging currencies are going lower by six percent over the last quaters these countries include Philipines and India. The Rubble is heading south to the tune of fifteen percent. This could an entail global economic slowdown or as looking from a different angle a new form of quantative easing which China has proven could slow economies that are far out pacing the targets or coming out of light speed to fast which could irritate and even aggravate the very communities that it is intended to benefit. This is reflected on the technology which today is becomimg more and more harder to harness due to the profitability and fame of these sectors and the markets that are being created within the sector. The US economy is apparently lacking in the technology race as being the largest economy being the US has to unravel orderly as as business and even government has to scranmble to innovate. Take a Japan for instance that is two years ahead of the US Economy in technology. Looking at younger and smaller economies with large growth and potential will not have technological and financial headwinds that the US experience. Simply put the new economy including global economies are well beyond the Flinstone industrial age that the US Economic model is built on.
Wealth in emerging markets can be seen by those who weigh heavy like the financial sector.Observe this in the hotbed being the Middle East. Take Suadi Arabia for example where financials and financial investing make up more than thirty percent of the countries assetts.
Now India bad for business? Countries are now turning toward a heavily weighted BRIC Economy for manufacturinng. China is exercising this at an alarming rate. Reason being the restrictions are just not their as many other economies have mechanisms in place to charge more and have more bueartic red tape to better observe and control the goals of the countries wishing to do business. With that being said. this could attract other manufactures and even financials to take business to a unsound unrestricted society that has a lot a lot of room to grow. India could easily be the Baltic avenue of the monoploly game. Cheap is good.
THE WIDE WORLD OF TRADE REPORT
THE WIDE WORLD OF TRADE REPORT IS A MEMBER OF THE IZ CORP EXCHANGE.
Disclosure: I am/we are long QQQ.