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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.22-0.2%Nov 21 4:00 PM EST
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To: elmatador who wrote (76215)7/11/2011 1:54:28 PM
From: Maurice Winn2 Recommendations  Read Replies (4) of 217917
 
ElM, a country is primarily a community of interest. < China will become the world's largest economy by 2050, according to HSBC. > Communities of interest spread way past national borders these days. People mix it up genetically, they trade and establish companies across borders, they move around the world. National borders are a pale imitation of the way they were.

Toyota is a Japanese company, sort of, but they have huge production in the USA, hordes of USA and other employees, shareholders from around the world. They are only in a minor way a Japanese company.

The world's largest economy should include Cyberspace as a competitor. While servers are located inside countries and so is much of the other material object parts, plenty of it is just esoteric pixelated bits and pieces of data which doesn't really reside anywhere.

It would be interesting to see how Cyberspace is going in the "World's Biggest Economy" competition. It must be much bigger already than swarms of small countries and bigger than quite a few big ones too. It's growing like crazy while GDP of the crusty old nationalists is not. Growing crops and digging gold is so last century.

When gold turns back into just a boring old corrosion resistant metal, people will lose interest again. Make sure you bail out in time. There won't be an official bell when it's time to sell it to a greater fool.

Mqurice
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