The Great Dichotomy
Martin D. Weiss, Ph.D. (June 2nd, 2008) Writes:
Since 1952, when I first left the U.S. at the age of 6, I have lived many years in Latin America and Asia.
I have visited every continent except Antarctica.
I have studied every major world language except Arabic. I have traveled on cargo planes, by truck, on foot and even by mule.
And everywhere I went, I accumulated a vast photographic record of the hard-working people I met.
But for many years, there was one thing I did NOT do in those countries: Invest my money.
It's not that I didn't believe in their future. Rather, what stopped me was another, far more critical, consideration: I didn't trust their currencies.
Throughout the developing world, basic infrastructure was spotty. Domestic banking was shaky. Federal deficits ...


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