- The high growth rates and low debt of these "new world" countries should cause their markets to perform better than those of the "old world" (the U.S., Europe, and Japan) mired in recession and debt.
- Their economies should also outperform the old world because of their growing middle classes, a real engine for growth.
- Sooner or later, the U.S/ dollar should weaken: so get out of dollars by investing elsewhere.
On Feb. 9, I posted an article calling for investors to put their money in African, Asian (excl. Japan) and Latin American equities. Here were my reasons at the time.