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Alternative Market Briefing

Other Voices: Continentalization in the global economies` war - Will China reign? Or India?

Monday, April 07, 2008

By Shoham Cohen, ESC Financial Services, Singapore: We live through, perhaps, one of the longest and greatest wars in history, and it is a war that has been in existence for thousands of years, all over the world. I define it as the war of the global economies. The current stage of this war is extremely fascinating, yet most of us are not yet equipped to appreciate its magnitude. New and more powerful players are taking shape, and although this process is just slowly taking place, it is happening. And the likely result of this development can be summed up in three words: superior investment opportunities. Of course, this transformation will not at all change the name of the game of the global economies war- it will still be about power, wealth, and control.

We are told almost every week by different financial gurus to invest in, and/or stay out of specific geographic market places or standalone economies such as China, Brazil, and the United States. But the truth is, they are not painting the larger, and more significant, picture. Moreover, I believe that they are encouraging a strategy that makes sense to an economic period that is slowly fading into history.

By recently describing China as “the World's Greatest Market”, Jim Rogers is trying to persuade investors to concentrate majority of their investments into China. "Just as the 19th century belonged to England and the 20th century to America, so the 21st century will be China's turn to se......................

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