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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: da_cheif™ who wrote (65891)	8/18/2011 8:16:42 PM
From: Winfastorlose	3 Recommendations Read Replies (1) \| Respond to of 208347

Asia is now on the scene. Let's just take something as simple as auto production. The US is now in third place and produces and consumes less autos than China. Motor vehicle production (units) 2010 China: 18,264,667 Japan: 9,625,940 US: 7,761,443 Germany: 5,905,985 South Korea: 4,271,941 en.wikipedia.org There are a good many other examples of the loss of economic prowess on the part of the US as well. One can't totally discount the US. That would be foolish. But by the same token, one should not convince oneself into thinking that we are the only economic engine on the planet. And thank God for that. Things are not going so well here. If our companies did not have strong markets in other nations, there would be little to crow about insofar as our stock market is concerned. Real growth has not been experienced here for a long time. Adjusted for inflation, we are losing ground at a fairly rapid clip.