Tuesday, January 18, 2005

STRATEGIC THREATS

Quick, which country will probably be the largest economy in the World in thirty years?

The US? Probably not. China? Probably.

It's a matter of numbers. It took Japan about thirty years after WWII to have a stock market with a total valuation higher than the NYSE (of course, it tanked and remained tanked for over ten years now). China's much bigger. China's more entrepreneurial. China can afford to make more mistakes.

And China is completely amoral when it comes to business. If they can make a buck, they'll make a buck.

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