Is the US Stock Market less beneficial to americans as a whole than in the past?
I see ALOT MORE investment in foreign companies than I have ever seen before. I see a smaller amount of investment in the american worker and wages for the middle class and lower end are going down. Many of these are skilled workers such as carpenters, smaller contractors, etc.
Public Comments
- The truth is the rich is getting richer and the poor is getting poorer in the context of American society . This is seen in the gradual slow growth and its low consumers' market. There is a need for diversification for the Americans not to solely concentrate on the US Stock Market. The low wages for the average low-skilled workers would not allow them to invest. Moreover, the pathetic situation is alike to that of the middle class whereby they have either spent their money on daily commodities or payment for their loans on houses and cars. Whatever left is many middle-class is living in debts or on credits. To correct the current economic gloom of the Americans, one needs to be attued to their high passion for popular consumption such as Hollywood movies, listening to popular songs in the craze of "The Amercian Idols." The current high economic growth is in India, China and Vietnam . The highest rate of transaction of stocks globally is in South Korea. Hence, the truth lies that Americans should be educated to look to investing stocks in lAsia. Get into the purchase of REITS in Japan and even REITS in Singapore. The high profits garnered from the Stock Exchanges in Asia particularly the Hang Seng in Hong Kong and that of Stock Exchange , Shanghai proves to be an aspen for the Americans. Thus lies the fact that the Americans has found that the US Stock Market is less beneficial to them. Jerome Ho [ www.myvideotalkasia.com/jerome ; www.SkyQuestComMedia.com ;www.bni.excellence.com ]
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