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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: westpacific who wrote (75585)	3/6/2008 5:28:10 AM
From: westpacific	Respond to of 116555

Spengler, amazing, Russia #2 on the globe. Tell you buy Russia on the coming pullbacks......this is going to be the place to have some assets. Amazing how Spengler wrote almost 100 years ago that Russia would be the place with the biggest future going ahead.....at the start of a new 2000 year cycle. The only place on earth at the start of a new Spengler Cycle! Think of all that energy. West ---- NEW YORK, March 6 (RIA Novosti) - Moscow now has 74 billionaires with average wealth of $5.9 bln, placing it above New York, Forbes Magazine said in its annual rich list published on Thursday. According to the list, New York has 71 billionaires, followed by London with 36, Istanbul with 34, and Hong Kong with 30. Russia is second only to the United States in the number of its super-rich. An additional 35 Russians have crossed the $1 bln mark in the past year, helped along by the continued rise of the ruble against the dollar "Sixteen years after the collapse of the Soviet Union, Russia, with 87 billionaires, is the new No. 2 country behind the U.S., easily overtaking Germany, with 59 billionaires, which held the honour for six years," said Forbes associate editor Luisa Kroll. en.rian.ru