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

To: elmatador who wrote (68071)	11/12/2010 10:02:37 AM
From: TobagoJack	1 Recommendation Read Replies (1) \| Respond to of 217732

It is rather pathetic, and indicative of true wastrelism, for any nation in command of a global reserve printing press to yelp about 'uneven playing field' Stratfor thinks team USA can win a currency war. I would have thought so as well. And yet, here we are, team USA is clearly lacking dangly bits, being out print. In any case, recommendation remains as before, get gold, and at 1550, pile platinum, and at 24, stacksilver

To: elmatador who wrote (68071)	11/12/2010 10:11:15 AM
From: Cogito Ergo Sum	1 Recommendation Read Replies (3) \| Respond to of 217732

Rapidly Growing Middle Class in Emerging Economies But, says The Economist in a special report on the middle class (February 12, 2009), “that excludes many people in China and India who are recognizably middle class but earn less than $12 a day.” The magazine prefers an analysis from the World Bank, which defines the middle class in the developing world as those who make between $2 and $13 a day. Using this measure, it’s possible to pick up the phenomenal growth of a middle class in the world’s emerging economies. For example, The Economist points out that in China the number of people living in that $2-$13-a-day bracket has risen from 147 million to 806 million over the last 15 years. Though not as spectacular as China’s growth, Brazil and India are also seeing a huge increase in their middle classes. Middle Class Defined by Discretionary Income Of course, all of this can be viewed as playing with figures a little bit. Some experts prefer a subjective approach to defining the middle class. They say being middle class is all about “discretionary income.” That means is there any money left over after the basics of food and shelter are taken care of? Diana Farrell of the National Economic Council in the U.S. thinks the middle class is those people who have about a third of their income available for discretionary spending. That puts them in a place where there’s cash for things such as televisions, refrigerators, better health care, education for children, and even vacations. That describes a middle-class lifestyle; a family income of between $30,000 and $65,000 a year puts it squarely in Canada’s middle class. suite101.com Not all middle classes are equal ....