Invest Intelligence When It Realy Matters
The Next Shoe to Drop
This discussion was taken from the Global Economics section from the February 2012 issue of the Intelligent Investor newsletter.
While the problems in Europe are far from over, this is news that everyone is aware of. If you want to do really well as an investor you must remain ahead of the curve.
So instead of telling you that Portugal is in trouble, or guessing which nation will be after Greece...which by the way is really a useless discussion unless you happen to live in one of those nations or you hold teh soverign debt...I am going to look a few steps ahead so you can begin preparing for the next tidal wave.
For several months now, I have been discussing the risk to developing and emerging economies; a risk created by financial institutions from advanced economies.
Although there has not yet been a clear-cut collapse of developing Asia or the emerging economies, we have seen some select episodes of this inescapable consequence.