Fareed Zakaria's "The Post-American World." Among the examples he cites: The world's tallest building is in Taipei, Taiwan; the largest publicly traded company is in China; India will soon have the world's biggest oil refinery; and Macau has overtaken Las Vegas in gambling revenue.
Reference :
http://articles.moneycentral.msn.com/Investing/StockInvestingTrading/americaonthedecline_article.aspx?GT1=33011#pageTopAnchor
Thursday, July 10, 2008
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