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


To: Box-By-The-Riviera™ who wrote (47460)3/16/2009 12:47:12 AM
From: elmatador  Read Replies (1) | Respond to of 217820
 
Access to capital means a country increased its productivity. Without capital no increase in productivity. Which in its turn meant no competition for the countries that could access capital.

G-7 was a group of countries that could access capital to the detriment of the ones outside. That lasted about 30 years until mid-70s. Countries outside the G-7 discovered that the only out of poverty was to export their way out of poverty.

Exporting model worked for tiny countries and city-states. Taiwan, HK, Singapore. But a normal country could not since its need of capital could not be solved without access to capital.

China crashed that exporting model by sheer size and volume. That lasted about 30 years but now that exporting model is dead.

In the past decade and half, capital started becoming abundant. Countries hogged that capital and used it to create bubble after bubble and its concomitant artificial booms.

Now exporting model dad, bubble model also dead and capital is getting more and more abundant by the day.

It points only to a single outcome. That capital flowing to the economies that lacked it for more than half a century. For it is those economies that can kick start the world economy once again under a different model.