Asia Will Be The Future America?
Even though Asia is well on its way to be the permanent powerhouse to beat in the global economic heavyweight division, it’s still hard for me to believe that it could someday unseat the ultimate GDP champion: U.S. of A. As a life-long American historyphile, I’ve been inculcated to believe that our beloved “shining city upon a hill” has the goods to remain on top for…well, forever. Sure, all great things must come to an end and other illustrious nations have met their unexpected demises, but c’mon, the red, white, & blue has to be the ONE exception, no?
Well, my bubble of naive optimism is going to be popped a lot sooner than I thought after coming across an interesting International Business Times interview with noted financial commentator and wealthy American investor, Jim Rogers. After continuously praising the Asian economy and moving his entire family to Singapore, Rogers expressed his astute belief that his future descendants stand a much better financial chance in Asia:
In 1807, if you had moved to the U.K., you and your heirs would have been much, much better off for the next 100 years. If in 1907 you had moved to the U.S., you and your heirs would have been much better off for the next 100 years.
In my view, moving to Asia in 2007 means my heirs are going to be much better off in the next 100 years.
Definitely something to make you go hmm….
cr: absolutelyfobulous.com, businessinsider,com














