Salient to Investors: Fareed Zakaria said: The World Bank says that in 1981 nearly half the world’s citizens were poor, while today, less than a fifth lives in poverty – from 2 billion to 1.2 billion people. Chinese poor declined by nearly 680 million people in the last three decades,
READ MORE... →Salient to Investors: Fareed Zakaria said: China and India consumers are taking advantage of the drop in prices to buy more gold. Gold bugs believe that central banks have been pumping money into the global economy for decades and that this will make money worthless. The total amount of gold
READ MORE... →Salient to Investors: Fareed Zakaria writes: Pete Peterson says the current deficit is not the problem, and is even in favor of additional stimulus spending. His overriding concern has always been the the massive structural deficits we face as baby boomers start retiring. In 1900, 1 in 25 Americans was
READ MORE... →Salient to Investors: Two states voting to legalize recreational use of marijuana marks the beginning of the end of the war on drugs – which has cost $1 trillion over the past four decades. The OECD says the US has over 3 times as many prisoners per capita as it did in 1980, and 10 times as many as
READ MORE... →Salient to Investors: Unlike Greece, Spain and Britain, the US economy is fundamentally healthy. The US debt problem can be readily resolved as long as both parties compromise. Over the past 5 years, Republicans in the Senate have threatened or used a filibuster 385 times, or almost double the rate
READ MORE... →Salient to Investors: Fareed Zakaria said: Outsourcing jobs to ensure a company’s survival is acceptable and is how you run a business. America needs and already has a tax and regulatory structure that creates strong incentives for private businesses to flourish. The great shift in the U.S. economy over the past
READ MORE... →Salient to Investors: Over the last two decades, US recoveries have been slow and jobless, In every recession from 1948-1990, jobs came back to pre-recession levels an average six months after the economy returned to its pre-recession level. In the 1990s, jobs came back 15 months later, and since 2001, 39 months later. McKinsey
READ MORE... →Salient to Investors: Fareed Zakaria said 49 percent of Americans polled said economic conditions were good or excellent in the city they lived in, 37 percent said the same about their state, 25 percent about the US, 18 percent about Europe, 13 percent about the world economy. Housing is finally is recovering and will have big ramifications for
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