Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing

How to Buy Foreign Stocks

When I talk with you folks on such topics as the South China Sea dispute, the big upside I see for Alibaba Group Holdings Ltd. (NYSE: BABA), the outlook for Vietnam, or any number of other seemingly unrelated wealth-influencing topics, there's one bit of context that I always share.

And here it is...

Back in 1985 - when the global economy was worth $19 trillion in "real" terms - North America, Western Europe and Japan accounted for two-thirds of all global growth.

Back then, China and the rest of "Emerging Asia" accounted for a mere 18%.

And the global economy was growing much faster - at a 4% pace.

Fast-forward three decades, and this scenario has totally reversed.

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK