Quote:
Originally Posted by Chico Red
I don't know the figures, but I think it is more significant what is happening with the Russian economy. This is where much of your rental will come from and to whom you are most likely to eventually resell.
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Hi Chico.
Agree, Russia along with India,China are the next powerhouses to look out for in the world economy. I believe the balance of power is shifting ie. the UK and US economies have been build on credit over the past 20 years. This credit is now freezing up with major banks unwilling to lend to each other let alone to companies and customers. Those economies who are cash rich will benefit, hence the Middle East, Asia and Russia will benefit.
Liquidity is becoming a real issue, and the actions of the US Federal Reserves of late have just highlighted how deperate the situation is.
Regards
RED