Hello Condor, I know many Asia-based Americans, and many Asians who were educated in America. Some are entrepreneurs, others money managers, bankers, corporate managers, professionals, and what-not; not the non-cosmopolitan types at all.
I have noticed within the past 36 months that exceedingly few of these not-dumb folks feel comfortable in putting their savings and investment in non-USD terms or outside of USD-space. Even fewer had been interested in mining, energy, gold, platinum, and non-tech/non-blue chip asset classes.
I observe that (a) their investment performance suffered as a result of above-mentioned disinterest, and (b) they are slowly but noticeably changing their ways.
I would guess the above observation would be even more spot-on when applied to the domestic variety of Americanus.
I also know folks who are from Europe, and Asians who were educated in countries other than USA. They seem more flexible and comfortable in holding assets in a variety of currencies.
My guess is more folks in and out of the US will learn to be more flexible as the super globalization cycle roll forward.
Chugs, Jay |
