Wednesday, January 25, 2017

The people in Washington dont understand the rise of Asia

I don't think many people, if any in Washington, understand what's happening [in Asia]. They don't understand that Japan is in decline. They don't understand that North and South Korea will be merging soon. They don't understand the rise of China. 

If you look at the largest creditor nations in the world, they're all in Asia: Hong Kong, Taiwan, Korea, Japan, Singapore, even Russia. This is where the assets are. This is where the demographics are positive. This is where the energy is.