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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 411.93-0.4%Dec 24 4:00 PM EST

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To: elmatador who wrote (66244)9/20/2010 4:46:33 AM
From: axial1 Recommendation  Read Replies (2) of 218705
 
"The rise of state capitalism and vast sovereign wealth funds in Abu Dhabi, China, Singapore and Dubai, he argues, will tip the terms of trade in favour of these newly powerful nations and city states. It is they who have all the money in the world and are buying up western assets at a clip."

Post-war realities have changed. Every prudent person in the world knew that enormous geopolitical and economic stresses would be generated as we neared and passed Peak Oil.

The US response was to bankrupt itself. For the United States, whatever future was possible has now become far more difficult.

Jim
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