An excellent write-up on John Mauldin’s site regarding Russia and shifting political/economic trends around the world.
I think it’s very important for investors (and citizens) of all stripes to pay attention to these global trends.
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Things That Make You Go Hmmm…
Sometimes the sand shifts beneath your feet without your realizing it. Other times you can see it happening.
In November 1975, at a summit meeting in the picturesque Château de Rambouillet near Paris, leaders of the six richest industrial powers gathered to form a rather exclusive, though completely informal, little club.
Takeo Miki, Prime Minister of Japan; President Gerald Ford of the United States; the United Kingdom’s PM, Harold Wilson; West German Chancellor Helmut Schmidt; and Aldo Moro, Prime Minister of Italy, joined Valéry Giscard d’Estang, the French President, in establishing what was tagged the “Group of Six” or, as it would become known in today’s AOW (abbreviation-obsessed world), the G-6.
