Shift back to Asia

paulren's picture

BREXIT and its resulting disarray in Europe will now likely speed the shift of global economic activity back (even more) towards the Asia region. We already notice this when the Thai SET index barely changed after the global market jolt since June 24th.   As this graph shows, vast inequality has emerged in the developed West over the past 2 decades -and at the same time China and SE Asia lifted more people out of poverty than any country ever before in World history.