Investors: Six reasons for optimism in 2012
Being miserable about money seems compulsory as we enter 2012, and the newspaper headlines confirm it. No-one could blame us if we just pulled the covers over our heads and waited for 2013.
Investing though is about running against crowds, seeing opportunities where others see only problems. That brings us to our first of
six reasons to be cheerful this year.
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Lifting the lid on the Plain of Jars
The world’s most heavily bombed country, Laos, has a secret. Beneath a limestone plateau, littered with hundreds of neolithic stone jars, is a hidden underground city. For nine years Pathet Lao guerrillas hid in this complex of 480 caves from a rain of American bombs, and emerged to take control of the country.
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The huge financial volcano smoking away next to us
If you are worried about volcanoes, you should forget
Iceland. Right on Britain’s doorstep there is a
smouldering debt volcano which threatens to tear apart
the European single currency, ejecting weaker indebted
countries like Greece, perhaps Portugal and even Spain,
and turn all dreams of European integration and harmony
into ashes.
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The amazing power of
money sent home
Migration is a big issue, the world over.
People have strong views about whether it is good or
bad for the host nation. For most migrants going abroad
for a better life means the chance to earn more.
However, perhaps the most overlooked
aspect of the whole business is just how good migration
is for those left behind back home.
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