tag:blogger.com,1999:blog-37872616.post3283627409983628076..comments2024-03-29T08:44:16.409+08:00Comments on BULLy the BEAR: The financial crisis and the shift from west to eastla papillionhttp://www.blogger.com/profile/01372278083694506953noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-37872616.post-30027853956078787262008-12-10T21:52:00.000+08:002008-12-10T21:52:00.000+08:00Hi PG,Yes, I agree with what you summarised over h...Hi PG,<BR/><BR/>Yes, I agree with what you summarised over here. Just like the Great britain yielded their powers over to US, now US will also yield over their powers to Asian nations. Is it gng to be China or India, or some other 'black horse' that we didn't think about?<BR/><BR/>The world economy will never remain the same, in the sense that developing nation save up and lend to US (in the form of buying up their bonds), thus fueling their debts based spending habits. <BR/><BR/>Bullish on Asian nations? :)la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.comtag:blogger.com,1999:blog-37872616.post-53004140548856804882008-12-10T14:56:00.000+08:002008-12-10T14:56:00.000+08:00Hi LPThe gist of his message is that the world has...Hi LP<BR/><BR/>The gist of his message is that the world has changed but will survive in a different form.<BR/><BR/>US's dominance and leadership in banking and finance is eroding given its abysmal track record in creating wealth out of thin air. The air is being let out even as the US recession drags down global business sentiment.<BR/><BR/>Like the dot com bust, where technology promises to revolutionise business fell short for many companies, the traditional companies that provide value can continue to serve their markets and survive.<BR/><BR/>For me, it's a time of waiting out this cycle, building up my reserves and seeing my daughter grow up in an uncertain world. A world filled with risk, but rich in opportunity as well!<BR/><BR/>Be well and prosper.PanzerGrenadierhttps://www.blogger.com/profile/15836438378215893219noreply@blogger.com