I was just interested in other opinions.
Like many I grew up in a "battler" family where there was never enough and thus have the money is scarce mentality imprinted on my brain from early childhood.
When I talk with people involved in high finance and big property, there apears to be just vast sums of money in the world, and it's seaking a home!
For example one of my friends involved in property in Japan biggest head aches is the lack of resources and time needed to place a US$4B investment fund from the middle-east into the Japanese commerical property. US$4B that's several shopping centers, residential complexes, each that need due dilligence, legals, negotiations, planning, redesign all of which take months and months...its not easy to spend $1B wisely, actually it appears very very hard work!
The world apears awash with capital, this seems a huge change in the last 50-60 years! Can anyone see a end to this trend? What will the financial world be like in another 20 years or even 50 years? On a global scale will interest rates continue to decline as money becomes "easier"?
Like many I grew up in a "battler" family where there was never enough and thus have the money is scarce mentality imprinted on my brain from early childhood.
When I talk with people involved in high finance and big property, there apears to be just vast sums of money in the world, and it's seaking a home!
For example one of my friends involved in property in Japan biggest head aches is the lack of resources and time needed to place a US$4B investment fund from the middle-east into the Japanese commerical property. US$4B that's several shopping centers, residential complexes, each that need due dilligence, legals, negotiations, planning, redesign all of which take months and months...its not easy to spend $1B wisely, actually it appears very very hard work!
The world apears awash with capital, this seems a huge change in the last 50-60 years! Can anyone see a end to this trend? What will the financial world be like in another 20 years or even 50 years? On a global scale will interest rates continue to decline as money becomes "easier"?