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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST

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To: Riskmgmt who wrote (10597)10/26/2006 6:35:39 PM
From: 8bits  Read Replies (2) of 218449
 
<<<Couldn't disagree more. Other than University grads, Americans know little about the world outside of America. Of all the developed countries, Americans probably travel outside of their own country, the least, . Only around 7% of Americans even have a passport, compare to over 50% of Brits, and 70% in Belguim and Holland. The excuse that America is such a vast country doesn't wash either when over 50% of Australians have passports and 19% of them travel overseas each year.>>>

I think the notion of the unexposed Americans is overdone and a bit dated. More than 11% of Americans are foreign born so presumably they know something of other cultures:

quickfacts.census.gov

Also I believe the 7% figure for US passport holders is low, I have read it's in the teens. Regardless, US citizens can visit Canada and Mexico (Combined with the US an area much larger than Western Europe) without a passport (This is changing..) and be exposed to at least 3 different languages and a wide variety of cultures.
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