Time to Take the “Emerging” Out of Emerging Markets
by Jason Jenkins, Investment U Research
Thursday, December 01, 2011
Global Market Commentary, Analysis and Investments
Time to Take the “Emerging” Out of Emerging Markets
by Jason Jenkins, Investment U Research
Thursday, December 01, 2011
President Carter’s former National Security Advisor, Dr. Zbigniew Brzezinski, was interviewed last week on MSNBC’s Morning Joe. He discussed the US’ continuing economic descent and his expectation of civil unrest.
In the video clip, which is featured below, Brzezinski explains that the increasing US income disparity would be more acceptable to the nation’s growing lower-income segment if the economy were continuing to grow. However, because the economy is stagnant, and coupled with high unemployment, social problems are practically inevitable. In the short run, he describes the sense of injustice as demoralizing, but, in the long run, he expects the strife to become more severe, with the potential to lead to extremism and outright class conflict.
[Read more...]With the US’ nine-plus percent unemployment rate — and when no stone should be left unturned in boosting jobs — there’s a huge, and currently untapped, potential job creation engine in tourism.
Since just last April, Brazilians have spent $1.4 billion as tourists, an 83 percent increase from that same time frame the year before. However, it turns out those dollars are largely not being spent in the US. The giant and growing BRIC tourist numbers are not making it to the US to spend their money, and create jobs in the tourism industry, even though they want to, simply because it’s too hard to get in the US.
[Read more...]With the US’ nine-plus percent unemployment rate — and when no stone should be left unturned in boosting jobs — there’s a huge, and currently untapped, potential job creation engine in tourism.
Since just last April, Brazilians have spent $1.4 billion as tourists, an 83 percent increase from that same time frame the year before. However, it turns out those dollars are largely not being spent in the US. The giant and growing BRIC tourist numbers are not making it to the US to spend their money, and create jobs in the tourism industry, even though they want to, simply because it’s too hard to get in the US.
[Read more...]With the US’ nine-plus percent unemployment rate — and when no stone should be left unturned in boosting jobs — there’s a huge, and currently untapped, potential job creation engine in tourism.
Since just last April, Brazilians have spent $1.4 billion as tourists, an 83 percent increase from that same time frame the year before. However, it turns out those dollars are largely not being spent in the US. The giant and growing BRIC tourist numbers are not making it to the US to spend their money, and create jobs in the tourism industry, even though they want to, simply because it’s too hard to get in the US.
[Read more...]A recent study conducted by Ernst & Young for the Urban Land Institute shows the US badly needs $2 trillion in infrastructure rehabilitation for services and facilities — ranging from roads and bridges to sewers and dams — which are quickly reaching the end of their planned useful life.
[Read more...]PotashCorp (NYSE:POT), the Canadian integrated fertilizer and feed products company with operations in Saskatchewan and New Brunswick, was just offered a roughly $38 billion cash buyout by mega-miner BHP Billiton… nothing to sneeze at.
[Read more...]Consistently adding to its long list of “world’s largest fill-in-the-blank,? China – having already invested more than $20 billion in Brazil so far in 2010 — is now projected to become Brazil’s biggest investor. Although China’s year-to-date investment is an enormous increase over last year (when it was 29th), China had already become Brazil’s number one trading partner in 2009.
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How QE3 Could Bring About $5,000 Gold and $1,000 Silver
In his recent commentary, Ambrose Evans-Pritchard sees the world nearing a revived gold standard as the US, Europe, and Japan all continue testing the limits of maximum sovereign debt levels.
With potential for QE3 — a third round of the Federal Reserve’s quantitative easing program — on the horizon, governments around the world must consider alternatives to the US dollar and other paper money. These developments are likely to continue impacting precious metal prices.
[Read more...]