New Business Trends

Where is the Puck Going?

Where is the Puck Going? header image 2

Mark Mobius: World’s Economy Will Be a Safer Place to Be

October 9th, 2008 · Add Comment

According to Mark Mobius, investment guru and Executive Chairman of Templeton Asset Management, balance of economic power is shifting away from USA… “China, Russia, India, Taiwan are having huge surpluses and are able to invest not only in each other, but also in the US and Europe… The effect of this trend will be very good. World’s economy will be a safer place to be, more diversified. I am looking forward to much safer world economy in the years to come. Up to now, if the US caught cold, everyone else catches pneumonia…”

Very interesting point… This comes in sharp contrast with all other pessimistic news in the middle of one of the biggest financial crisis in the history of the modern world.

Tags: Economic Trends

0 responses so far ↓

  • There are no comments yet...Kick things off by filling out the form below.

Leave a Comment