Invest In Asia

Article by Dr. Peter Schroder

If you are betting on the right horses in Asia right now you can bring home huge profits compared to the poor performance of the U.S. stock market that provides nightmarish news on a daily basis. Let's look at the reason behind the disaster: It is rather simple, the United States is simply too well off and too rich and many of its citizens (this is not only limited to the U.S. but the entire Western world) don't do any more what it takes to be successful. In Asia this is exactly the opposite, people want to get out of poverty and enjoy becoming "capitalists". If you walk down the streets of Bangkok you see thousands of young entrepreneurs on the streets selling clothing, food, water, jewelry, electronics, computers, you name it. They work 10, 12, or 14 hours a day, sometimes 6 or 7 days a week. They are trying to get out of poverty and into the middle class and some of them will emerge as large business leaders, not only by Thailand standards. Take a trip to Singapore, Shanghai and see the magnificent buildings and buzzing cities. Singapore today is the second busiest port in the world and the Orchid Boulevard shopping district might win a competition against Fifth Avenue. The same applies for Shanghai, that is in a permanent battle with Hong Kong and tries to become the major happen to China. Ten years ago there was not one single building with more than 8 floors in the city. Today there are over 2,500. Hong Kong on the other end is transforming from a service industry to a technology and information industry/society. There is no stopping. They want to get ahead and they are doing it.

Twenty years ago when one thought of the export markets of Taiwan, one would think about plastic flowers and clothing. Today Taiwan produces more laptop computers than the United States, Great Britain and Germany together. They are the number 1 in high tech in Asia. Go to Seoul in Korea, Jakarta in Indonesia or the capital of Malaysia, Kuala Lumpur. People work six days a week, sometimes six and a half days. When you visit these exciting capitals every six months you will find the difference and see the improvements. Take a stroll through New York City, Berlin, London or Paris on a Sunday afternoon. The cities are asleep and nothing is going on. Do the same in Asia main cities and you will see construction going on, business and commerce are happening right then and there!

Asia today is like the America of Henry Ford a century...