In
coming days, weeks, months, years, global economies will be truly tested for
strength and resilience. These include, but not limited to, developed
countries, developing countries as well as emerging markets. Those countries which
will successfully emerge, from next five (5) years of global economic
transition, will effectively strike a balance between Debt, Deficits and
Demand.
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| Source:Pat V. Sonti, Mentor & Author |
Key
driver will be strength of respective national currencies which, in turn, are
backed by precious metals such as gold, silver etc. All other global economies
which cannot do so will resort to continual and perpetual Quantitative Easing
(QE) as the only recourse.
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