The western world has no idea of what’s coming…
Pretty much every hour of my life evolves around economics in some way or another, a quite frequently discussed topic is that of the economics of a country, and what amazes me the absolutely the most is the lack of understanding of the power of Asia. I thought i would give some quick data that i have heard during the last years:
-Asia makes up 60% of the population (Excluding Russia)
-Shanghai is rumored to have around 70% of all building cranes worldwide.
-If you have a factory in China outskirts (Hk area etc) you can move the factory in 60 miles every 10 years and continue doing that for the next 100 years and pay todays salaries with added inflation.
- 2 Of the top 3 universities in IBM’s global programming competition was chinese
- India produces 3 times the amount of engineers with a university education as the US
