The phenomenon that will promote net economic welfare is a virtual upending of the current economic situation between the East and the West
The world has just gone through a deflationary cycle of asset compression, debt defaults, bankruptcy followed by unemployment and the unravelling of large swathes of the earlier (bubble) economy, most of which will not be seen in its earlier form again.
This article was originally published on October 31, 2009.
Your fund made 18%. You made 8%
4 min read•By Pranit Mathur
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