When it comes to the incredible economic growth story being written in China these days, the numbers–like the countrys population–are simply off the charts. According to the data, the economy of the land of the dragon continues to grow at the massive rate of over ten percent per year, with no end in sight. In terms of GDP, thats the amazing and unfathomable equivalent of adding a city the size of Philadelphia every month.
Imagine risking everything you own by investing it in just one commodity. And when I said everything, I meant it. Were not just talking about the cash in the bank, but selling all of your assets as well–including your house.
With the long awaited debut of Apple’s iPhone tomorrow, Steve Jobs wont be the only one hoping to earn a buck or two after six months of hype. In fact, a virtual cottage industry has sprung up surrounding the release.
AMMAN, JORDAN: As we scooted along through dense traffic that is typical of any developing country, my Jordanian host pointed out an Infinity SUV in front of us. “Look,” he said as he darted his index finger to the right, “Iraqi license plates.”
Like most Americans, Rich and Marjorie Bayer of Massapequa, NY, love their television. But their television is radically different from the one thats probably on all the time in your house. Unlike your set, the Bayers is wired to the Internet, and it is nothing short of a glimpse into the future.
As you well know, we think that the wave of Web 2.0 is continuing to build and will transform not just how information is made available, but also where it comes from. A large part of that, of course, is the massive growth in user-generated content.
It will come as no surprise that the military planners deep within the Pentagon continue to wrestle with the growing threats posed by the Chinese Peoples Liberation Army. But the biggest risk to America might not be an old red General bent on invading Taiwan, but an economic technocrat. His name is Lou Jiwei, and in many ways hes the most dangerous man in China–especially if you are in the market for a mortgage.
TEL AVIV, ISRAEL: As the clock struck midnight on June 10, I had just arrived in Amman, Jordan. My local hosts, vibrant young entrepreneurs and rising stars in government investment initiatives, insisted that I have a drink. Sunday brought mixed gifts of inside information, international travel, and little sleep.
When it comes to taste in all thing digital, Steve Jobs is a man with an uncanny knack for the pulse of consumers everywhere. Its a simple fact thats not lost on his biggest rival, Bill Gates.
At a commercial real-estate conference earlier this week, Alan Greenspan downplayed concerns that the Chinese might sell their significant holdings of U.S. Treasuries.
Investing in water makes perfect sense. These companies are going to make money. . . because no matter how much it costs, there’s no substitute for water–period. The laws of supply and demand don’t apply here. Only demand rises.
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