Will Asia be the next economics centre?

~ Well, again, throughout history, the center of the world has shifted to where the capital is, where the assets are. You don’t see any period in history where things are shifting to the debtors, and America’s the largest debtor nation in the history of the world. Unless something’s different this time, unless the world’s changed very very dramatically, the center of the influence, the center of power, the center of the earth, the center of the globe, is going to be shifting towards Asia, because that’s where all the money is. Have you ever heard of anybody saying, “Let’s go to where all of the debtors are”? It just doesn’t happen that way. ~ Jim Rogers, Time, 28 April 2009.

Jim Rogers, author, commodities investor and co-founder Quantum Funds, speaks at an event in New York. ~ Eric Thayer / Reuters

Jim Rogers, author, commodities investor and co-founder Quantum Funds, speaks at an event in New York. ~ Eric Thayer / Reuters

WOW, I was amazed that he said Asia is the future economic centre will be.

Southeast Asia :- Malaysia, Indonesia, Singapore, Thailand, The Philippines, Brunei, Vietnam, Laos, Cambodia and Myanmar.

These countries which have diversity of cultures and religions would be the next economics powerhouse.

I am studying the potential economics strength of these countries briefly:

Singapore : Currently is the richest country in Southeast Asia holding US$166Billion as at March 2009. Strong and stable currency.

Malaysia : Pioneer and the largest Islamic finance market. Kuala Lumpur could be the next financial hub for the world like London and New York.

Petronas Twin Towers, Kuala Lumpur

Petronas Twin Towers, Kuala Lumpur

Indonesia : Abundance of resources; oil, sugar, rice, tin, palm oil, vegetable oil, copper, etc

Thailand : Strong and advanced manufacturing backbone.

Vietnam : Cheaper manufacturing costing. Strike a competitive advantage.

Brunei : Rank no. 27 in Human Development Index.

This is looking to be great!!

KL Tower, Kuala Lumpur

KL Tower, Kuala Lumpur

Welcome to Southeast Asia !!!

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