This is not new, but it reflects a long term trend that more and more people have started to notice.
http://www.smh.com.au/business/australia-exits-americas-orbit-after-crisis-20091227-lg7x.html
For decades, we have been looking to the US & Wall St as the centre of our economic universe.
The centre is shifting towards Asia, where 2.5 billions live and are currently driving most of the world economic growth.
Maybe we need to pay a bit more attention to what is hapenning in China & India. This is where the action is, especially for Australia's trade.
Cheers,
http://www.smh.com.au/business/australia-exits-americas-orbit-after-crisis-20091227-lg7x.html
For decades, we have been looking to the US & Wall St as the centre of our economic universe.
The centre is shifting towards Asia, where 2.5 billions live and are currently driving most of the world economic growth.
Maybe we need to pay a bit more attention to what is hapenning in China & India. This is where the action is, especially for Australia's trade.
Cheers,