Monday, 13 June, 2011 Leave a comment
Mark Mobius is one of the most influential voices in Global investments and he is talking about when and what, NOT “if”, in terms of “tipping point” for the next global financial crisis. He’s right..
The foundations of the world economic system are so decayed and so corrupted that even a stiff breeze could potentially topple the entire structure over. Over the past couple of months a constant parade of bad economic news has come streaming in from Europe, Asia and the United States. Signs of an impending economic slowdown are everywhere. So what “tipping point” will trigger the next global economic downturn? Nobody knows for sure, but potential tipping points are all around us. Read more of this post