14.07.2009 - McKinsey's cracked crystal ball
From Newsweek.com: In October 2007 McKinsey Global Institute issued a report documenting the stunning rise of four comparatively new pools of capital—hedge funds, private-equity firms, Asian sovereign capital (Asian central banks and sovereign wealth funds), and petroleum exporters (companies, governments, and central banks of oil producers). These new power brokers had been major beneficiaries of recent trends in the global economy. And if existing trends were to continue—and why wouldn't they?—they'd be even bigger in a few years..........Full Article: Source