Tuesday, September 17, 2019

Brexit issue wont matter too much for the world economy

I do not think that Brexit is a big deal because the British economy is not what it was under the British empire at the end of the 19th century. Today Britain is an insignificant economy in the context of a world that has an Indian economy that is very large, the Chinese economy that is very large and these economies are still growing. They have some children sicknesses from time to time and setbacks but in general the Indian economy will grow as well as the Chinese economy with one proviso; we need peace. The US has a group of people the neocons they are in favour of creating trouble everywhere, not just in Iraq, Afghanistan and maybe Iran. They want to create trouble everywhere and so maybe one day someone will lose patience and there will be war, which the neocons like because in wartimes, people can make a lot of money. So, this is about money. 

Obviously, for financial markets war conditions would be very bad because there would be a lot of defaults. Some countries would say well in this case I am not going to pay and then it spreads and so we need to hope that there will be peace. 


Wednesday, February 27, 2019

China has FOUR times the population of USA

I don't want to criticize the U.S., because in other countries it is not much better. But the one thing I want to say is the following: Americans have been growing up and they've been brainwashed that America is a superpower and they have been educated in the belief of the American exceptionalism. And I just want to say that lots of countries in this world have a different perspective of the world. 

In particular, if you look at China, it has four times the population of America. Its industrial production is larger than in the U.S., their land mass is larger than the U.S., and they're growing at a much faster pace. They have, in my opinion, no territorial ambitions, but they don't want to be controlled by the U.S. that has, in Asia, countless military and naval bases.

They (China) look at the world from their perspective, and the U.S. would do well to consider other leaders' perspectives, including Xi Jinping and Mr. Kim Jong-un, and Mr. Putin, of course. 

But if you only look at the world from your perspective, undoubtedly some trouble will arise. And what most Americans don't see, they have kind of a tunnel vision where the tunnel starts in America and looks at the whole world, whereas other countries, they have another view of the world than the U.S.

And I think it's very important, both economically and politically to consider the point of view of other countries that, by the way, have become very powerful.

Marc Faber News

Nouriel Roubini Blog

Jim Rogers News

Bob Janjuah News

Gary Shilling News

Warren Buffett News

Dennis Gartman

Doug Kass News

Suze Orman News