And the east rises..
This is going to cause so many wars and 'conflicts'
Merrill Lynch is urging investors to embrace a fundamental shift in their investing strategy as U.S. and Western economic domination crumbles.
The company is pressing its clients to revamp their investing strategy — even their basic beliefs about how to choose investments — in the face of world geopolitical change, according to The Financial Times.
In this new investing world, U.S. Treasurys and gold are out, or at least much less important. Investments now considered off-beat, like Australian sovereign debt and Singaporean bank bonds, are in.
For the past half a century, the U.S. and a small number of other wealthy countries ran the world economic order. But that's over now. The Group of Seven richest countries, or G-7, expanded to the G-20 to include China and other emerging markets. But under the Merrill Lynch view, even that group is not inclusive enough, the Financial Times reports.
The world is now without clear economic leadership, the company believes. It's now in a "G-Zero world," Merrill Lynch executives warn.
Originally posted by Expat888
the east can manage quite well without westerners medling and exploiting the people ... would make many here happy to see all westerners leave asia for good and never return... we dont want or need western control ....
American & International Corporations In China-
NOTATION- even though this is a very long list of American and other foreign corporations in China,
it is certainly not a complete listing. We have only included a few of the names you may recognize.
This is a list of companies who either own factories, or have contract factories producing their products
in China. Some of the companies produce 100% of their products there, and others only produce parts,
or certain ingredients for their products. The list below is approximately 1% of the actual Corporate list.
Companies such as Avon, GE, and AT&T for example, have been in China and manufacturing products
for 20 to 30 years. Most American consumers simply had no idea. Previously their source was Japan.