Opportunity Investing: How to Profit When Stocks Advance, Stocks Decline, Inflation Runs Rampant, Prices Fall, Oil Prices Hit the Roof, … and Every Time in Between

Chapter 10. Opportunities Abroad—Investing from Brazil to Britain

Definite changes (as a matter of fact, very definite changes) have been taking place among and between the economies of the world. Although the United States remains, to this day, the most desired depository for international capital, the dollar still the standard international currency, it can no longer be said that the United States clearly leads the world in economic power, prospects, profit, and growth potential.

Although the U.S. economy did seem healthy enough as 2005 drew to a close—corporate profits high, unemployment low, prices stable—its manufacturing sector was reeling from the outsourcing of both manufacturing and technological activity. The rate of growth of the economies ...