<The sky is falling ...> This is the biggest stupidity to hear right now ! It seems to me that you consider Asia to be the center of the world. Well, it is the most important as number of people, but NOT economically ! I think you are 3000 years behind, when China and India had a superior civilization than the Western World, which was not existant by then. Let me remind you this: the modern civilization is TECHNOLOGY, and USA dominates it across the board. Asia will not have the companies we have in the next 200 years. Because they are merely copying us. One thing they can NOT, and will not be able to copy: the AMERICAN SPIRIT, which comes from the freedom, respect for the individual as a person, and mostly, rewards the TALENT. We are at the dawns of extraordinary achievements in science and technology. And YOU AIN'T SEEN NOTHING YET ! This is just a psychic movement: the lower the market goes, the richer those who induced the psyche will get.
Even in the worst case scenario, of a total crash, that will be a non event. Only 3% of the American assets is the stock market. The rest is PEOPLE, their knowledge and talents. And when I say people I say QUALITY, not QUANTITY. Here, someone is measured by his/her qualities and character, is not just a number as in other parts of the world. |