Global economy, Expert Predictions, Jim Rogers, CFA Conference Edinburgh
Many countries have been relying on exports for economic growth,but the perils of relying on exports is evidenced by Japan. The manufacturing sector is efficient (global) but service industry is a mess. Can you name any Japanese consulting firms? Service industry is so inefficient there’s a barber (yes, haircuts) cartel to keep prices up. Read more – use link.
Global economy, Expert Predictions, Jim Rogers, CFA Conference… maverickinvestors.com