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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 385.99+1.6%Nov 12 4:00 PM EST

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To: TobagoJack who wrote (76661)7/21/2011 3:14:53 AM
From: elmatador1 Recommendation  Read Replies (1) of 217740
 
China’s economic development “suffers from a serious lack of balance, co-ordination and sustainability”.

ft.com

If you read this together with the article below.

Brazil’s tale of two middle classes
Message 27506877

you discover that the old press is struggling hard to come to grips with what is happening in the emerging markets.

The theme is normal here: shirtless ascension to middle class.
The movement (tsunami I would say) of people moving to urban set up, the effects it cause in the world economy.

The press is forgetting that what too 400 years to happen in Europe, from end of feudalism to around 1900, happened in the US in 100 years.

In Brazil took 40 years and in China has taken- so far 2 decades.

A tsunami is not that you control and fine tuning.
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