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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 421.32

-0.5%

Jan 16 4:00 PM EST

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To: Cogito Ergo Sum who wrote (74834)	6/4/2011 5:15:34 AM
From: elmatador	Read Replies (1) of 219466

You needed: Vast territory, strong army and lots of natural resources. Science and the industrial revolution changed that. It threw knowledge into the equation. Europeans, Japanese and the US (yes, the 'West? again) amassed the knowledge and got rich using the science. That is the only difference. They mastered science and technology. See the jet planes, and space race I mentioned previously). Natural resources and vast territories took a back seat post WW II. Cut to post Cold War, circa 1991. 2.5 billion people join the world economy and today vast territory and natural resources matter. Luckily, Brazil is very well positioned to take advantage of its failure to join the 'West'. It did not developed a financial economy. It has industrial base, knowledge and vast territory. What is missing badly? Educate the populace. This is being done in the past 10 years. Now it is only a matter of time.

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