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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (26791)	12/24/2007 3:44:21 AM
From: elmatador	Respond to of 218163

"which way should we bet?" Elementary! If only work can produce wealth, it goes without saying that the bet should be on the 'slaves'. Although some will come and say: the bet should be in the patent holders. On the guys doing R&D. In the producers of the blue print rather on those producing. Let's all put our money in marketing and forget about the ones who get the hands dirty and 'climbing the pole'.

To: TobagoJack who wrote (26791)	12/24/2007 11:43:00 AM
From: Rolla Coasta	Respond to of 218163

Let's bet on Saudi Prince going long in this home turf finance.yahoo.com

To: TobagoJack who wrote (26791)	12/25/2007 12:54:30 AM
From: elmatador	Respond to of 218163

Where to bet: :"WB explains that there are really three kinds of wealth: (1) natural capital – “the sum of nonrenewable resources (including oil, natural gas, coal and mineral resources), cropland, pastureland, forested areas and protected areas”; This capital cannot be increase. It is fixed and firm (2) produced capital – “the sum of machinery, equipment, and structures (including infrastructure)”; and, This capital can be planned, bought and implemented. (3) intangible capital that encompasses raw labor, human capital (the sum of knowledge, skills and know-how of the population), social capital (the level of trust among people in a society and their ability to work together toward common goals) and the quality of institutions essential to good governance, like an independent judiciary, clear property rights, effective revenue collection, nonpolitical military, credible elections and stable rule of law. This capital can be created overnight. Europe at the end of feudalism, had a population akin to a today’s modern prison inmate population. Took centuries tro develop into a civilized society. Compare with Singapore, or Japan and Europe in 1946. Worldwide, natural capital accounts for only 5 percent of total wealth, produced capital for 18 percent, and intangible capital for 77 percent. On the average, every one in the world has a total wealth of $90,000, an amount available to those in Brazil ($87,000), Libya ($89,000) and Croatia ($91,000). This world average is much more than the Philippines’ $19,351, broken down into $1,549 natural, $2,673 produced and $15,129 intangible.