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.
