I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
Our long-term investment megatrends
Rise of the East
The 21st century could very well turn in to the century where the US loses its status as the ultimate economic superpower of the world, such is the size of the economic powerhouse being built in and around China. For example, there are already more Chinese households with a disposable income in excess of $10,000 than in the United States.
Although the Chinese have built a number of bridges to nowhere in recent years, effectively dealing with the social tensions that could come about as a result of millions of workers having migrated from rural parts of the country to urban areas, it would be a fallacy to suggest that economic growth in China is not for real.
One obvious area for investors to focus on is agriculture, and the reason is simple. As living standards improve, the first thing consumers spend more money on is always more, and better quality, food – almost always more protein-rich food.