7 billion reasons markets will change direction

  • metta

    Posts: 39139

    Nov 04, 2011 5:56 PM GMT

    7 billion reasons markets will change direction


    http://www.marketwatch.com/story/7-billion-reasons-markets-will-change-direction-2011-11-02
  • metta

    Posts: 39139

    Nov 04, 2011 6:03 PM GMT

    Curious to see if people think the writer is correct or not.
  • metta

    Posts: 39139

    Nov 04, 2011 6:06 PM GMT
    - "Is a world with 7 billion people in it going to use the money of a country with 312 million people as its reserve currency? It doesn’t sound very likely."

    -"Africa will rise and rise in significance. The fastest increases in population will be in sub-Saharan Africa, a region that most investors and companies have mistakenly written off as a basket case. Not so. That is where the fastest growth will be. "

    -"Increasingly, retired people will go and live in the developing world, where the meagre returns on the savings and their devalued pensions, will buy them a lot more than in the countries where they grew up. The world will see mass migration on a 19th-century scale — when huge swathes of the European population moved to the U.S. And every industry — from airlines, to telecoms, to property — involved in that will do well."



  • RyanMatthew

    Posts: 52

    Nov 04, 2011 10:04 PM GMT
    The article is wrong on every count except Africas population growth. Africa is home to some of the most brutal oppressive regimes this planet has ever known. Murderous dictators are the bullies of that region which make ecomonic properity nearly impossible for the average african family. South africa is the only westernized country capable of sustaining any sort of growth. The AIDS crisis and terror sponsorships aside, these countries rely largely on the generousity of other countries.... Mostly from the US. It will take alot more than population booms to pull themselves out of economic ruins they have created and perpetuated.
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    Nov 04, 2011 11:44 PM GMT
    RyanMatthew said economic ruins they have created and perpetuated.


    Ehm, correction... the economic ruins were made by Europe.. and that is so across the developed world.. we are just still not smart enough to stop perpetuating it... sigh
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    Nov 04, 2011 11:58 PM GMT
    "commodities will get steadily more expensive"

    Especially any type of extracted natural resource. I couldn't agree with this more.

    21st century profits will be defined by market speculation on scarcity.

    However I disagree with the direct correlation between burgeoning population and political prominence. Many African countries will continue to take a back seat because of internal corruption and disorganization, no matter what their population does. The most prominent countries are the best organized, (and whoa correlation) tend to be economically affluent. I think this hypothesis provides a good explanation for powers shifting away from the US and toward China- and it also counters the notion that population *growth is tied to rise in power.

    My prediction, given these factors, is to note that many countries in South America have stabilized since the 1980s, and given many of their undeveloped resources, I expect a lot of the world's attention to focus there.
  • RyanMatthew

    Posts: 52

    Nov 05, 2011 12:05 AM GMT
    GreenHopper said
    RyanMatthew said economic ruins they have created and perpetuated.


    Ehm, correction... the economic ruins were made by Europe.. and that is so across the developed world.. we are just still not smart enough to stop perpetuating it... sigh
    ,

    Are you seriously telling us that africa holds no responsibilities for its actions? your excuse is colonialism from over a century ago?
    That victim mentality is what keeps people at the bottom. Poor excuse, poor answer