Take a guess on countries future

[Cuddles]

China is the surest bet. India probably a close second (don't hear much problems w/rampant crime and violence for being a third world country). Canada looks pretty promising, Chile's doing it right. I think a few spots in Africa have a shot this upcoming decade(s).

Much of the western world is crumbling, they've grown fat and lazy & a lot of places have instituted pretty xenophobic attitudes that'll put off top talent.

 

[farmerjohn1324]

I want to start this thread like a poll: Which country do you believe to prosper the most in the coming 30 years?

The reason why Im asking is: I'm Swiss and Switzerland got this unique problem that its currency just rises in value over time. But unfortunately Wages are declining (don't believe the official statistics, they intend to attract more migration and are not trustworthy therefore) while living expenses and rents are rising heavily. Because the rise of the CHF every investment you do abroad is becoming a zero sum game. Buying Euros to invest in Germany? Horrible idea, the Euro will lose what your investment makes.

In 30 years many Swiss people will have to seek retirement abroad because of the situation earlier mentioned. So I am as a professional investor asked every month at least once by friends and the like where they should put their money in. I give them the advice to spread, but can't tell which countries to give more weight to.

So I'm asking you: Where would you put Swiss Francs in if you had any?

Singapore

 

[ironchef]

China is the surest bet. India probably a close second (don't hear much problems w/rampant crime and violence for being a third world country). Canada looks pretty promising, Chile's doing it right. I think a few spots in Africa have a shot this upcoming decade(s).

Much of the western world is crumbling, they've grown fat and lazy & a lot of places have instituted pretty xenophobic attitudes that'll put off top talent.

In spite of the challenges we faced, the US's future is still very bright compare to China and India because if you are a top talent anywhere in the world, you want to be in the US for your tomorrow. Just look at how many folks and their descendants from India, China, Africa, Middle East became prominent scientists, CEOs, Senators, Governors... In spite of our ills and discriminations, nowhere in the world will you find a more inclusive society.

I would be hard pressed to find any top US talents jumping up and down wanting to immigrate to China or India.

 

[kandlekid]

Believe it or not, from a government finances standpoint, Russia is now one of the most fiscally sound nations on earth...yes, trust is very low, but the government's finances are in order which cannot be said for most of the world, especially the debt-laden G7.

Also, Russia is very well geographically placed to feed China's massive and growing energy and agricultural needs. The China silk road connecting Asia to Europe is going to be a very real thing in coming decades, and tons of goods will move across Russian roadways as the gap between the EU and China shrinks further.

Obviously there are tons of problems in Russia still, but they are starting from such a low point, that I think the country could do well for decades to come.

Considering where they've come from and where they are now, I would agree. A lot of western investment helps too Go to any big Russian city, like Moscow or St. Petersburg, and you'll see little difference from big western cities. They've got bars, nightclubs, etc ... megamarts (e.g. Lenta, Okey), lots of transportation options (metro, bus, taxi, trolleybus, tram). Everybody is on their smartphone, just like here (kind of a shame, actually). Go online to yandex taxi, and you'll have a ride to the airport in four minutes, for about $10.

 

[Cuddles]

In spite of the challenges we faced, the US's future is still very bright compare to China and India because if you are a top talent anywhere in the world, you want to be in the US for your tomorrow. Just look at how many folks and their descendants from India, China, Africa, Middle East became prominent scientists, CEOs, Senators, Governors... In spite of our ills and discriminations, nowhere in the world will you find a more inclusive society.

I would be hard pressed to find any top US talents jumping up and down wanting to immigrate to China or India.

Which is why I said the "west" in my comment. The US is still salvageable, but other countries which have instituted similar policies to ours for far longer or can't afford it due to their size or economies are already in a downward spiral. We keep our current trend and we'll head in that direction ourselves.

It's difficult w/o knowing the acceptance/rejection ratio if our country is in fact "the most inclusive". By cheer numbers, sure, but that's hardly the correct metric. At present I'd argue there are even more inclusive countries such as Canada, Australia or or a few spots in Europe. It's no secret we've lost tons of grad school international students to our neighbors up north. It's also no secret that by virtue of its cheer size and education, China already has a bulk of that top world talent w/o having to import it.

https://www.un.org/en/development/d...eport/docs/MigrationReport2017_Highlights.pdf
https://www.insidehighered.com/news...-international-enrollments-after-years-growth
https://www.cato.org/blog/immigration-application-denials-jump-37-percent-under-trump

 

[murray t turtle]

That's a little bit like saying that someone who just filed for personal bankruptcy 2 years ago is a good credit risk because they're starting at such a low point and don't have much debt!

%%
Good points. I remember when i was a kid, my banker dad brought home a NYSE bank promotion product. I still have some of that.What?? Tulip Time flatware//forks, stainless steel spoons......Ray D said cash =trash. I like $$ more than that, but i see his points LOL. I recycle Red Bull energy drink cans some also. Its a new energy drink made by Swiss...............................................................,Russia make alot of ammo they sell in US; but i like Swiss or Mexican,US brand more .Thanks

 

[ironchef]

At present I'd argue there are even more inclusive countries such as Canada, Australia or or a few spots in Europe.

What makes the US different is we openly talk about race, for and against. In other countries, it is tabooed to talk about race and national origins, and the discrimination is under the surface, you have to look hard to find it but it is there.

I challenge you to name a CEO of a publicly traded major corporation in Canada, Australia or Europe that is run by an Indian, a Chinese, a black or an African. In the US, if you are capable, irregardless of race or origin, you have a shot: Pepsi, Microsoft, Google, Yahoo, AMD, MRK..... just to name a few.

 

[Overnight]

...irregardless of race or origin, ...

Grrr, it is "regardless", not "irregardless". :-\

 

[Genevian Speculator]

What makes the US different is we openly talk about race, for and against. In other countries, it is tabooed to talk about race and national origins, and the discrimination is under the surface, you have to look hard to find it but it is there.

I challenge you to name a CEO of a publicly traded major corporation in Canada, Australia or Europe that is run by an Indian, a Chinese, a black or an African. In the US, if you are capable, irregardless of race or origin, you have a shot: Pepsi, Microsoft, Google, Yahoo, AMD, MRK..... just to name a few.

Thiam from Credit Suisse. He's resigning however. But tjere are also the Hayeks from Swatch Group

 

[Cuddles]

What makes the US different is we openly talk about race, for and against. In other countries, it is tabooed to talk about race and national origins, and the discrimination is under the surface, you have to look hard to find it but it is there.

I challenge you to name a CEO of a publicly traded major corporation in Canada, Australia or Europe that is run by an Indian, a Chinese, a black or an African. In the US, if you are capable, irregardless of race or origin, you have a shot: Pepsi, Microsoft, Google, Yahoo, AMD, MRK..... just to name a few.

You make it sound like foreign CEO's has always been the norm and not a 10-15 yr phenomenon in the US.