Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: KyrosL who wrote (72258)	1/31/2010 7:09:19 AM
From: Maurice Winn	1 Recommendation Read Replies (3) of 74559

A big mistake people make is to assume that people are fungible. There is more to economic success than having a big crowd of people or "great demographics". As we can see from India, even a billion people doesn't automatically make wealth. Same with China. As Luxembourg, Singapore and Hong Kong showed, small places can be world champions. In fact, being small seems a more assured way of being top than by being big. A horde of low intelligence uneducated to illiterate Mexican invaders working the fields and house keeper services does not make for advantageous demographics for the USA: <Demographics will be a US advantage in the next few decades> Mqurice

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