{"id":19556,"date":"2020-02-10T14:43:46","date_gmt":"2020-02-10T18:43:46","guid":{"rendered":"https:\/\/www.pgmcapital.com\/?p=19556"},"modified":"2020-02-10T15:19:16","modified_gmt":"2020-02-10T19:19:16","slug":"are-your-investment-ready-for-the-change-of-era","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/are-your-investment-ready-for-the-change-of-era\/","title":{"rendered":"Are Your Investment, Ready for the Change of Era?"},"content":{"rendered":"\n

Dear PGM Capital blog readers,

In this belated weekend’s blog article, we want to elaborate the peaking of change of era in 2022, and the effect it will have on your investments.<\/p>\n\n\n\n

INTRODUCTION:<\/h3>\n\n\n\n

Change of the Era means altering the trends of the times, transforming the culture, environment and way of life.<\/p>\n\n\n\n

In this decade, the world will transform into a new global community with a new economy where power relations that are familiar to us today are radically overturned.<\/p>\n\n\n\n

In his book “CHANGE OF ERA \u2013 OUR WORLD IN TRANSITION” Jan Rotmans PhD, Professor of transition management at Erasmus University Rotterdam, says:<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Change of Era<\/em> draws a portrait of this transition in various contexts: education, healthcare, energy and finance. <\/p>

Because people today are no longer the singular focus in these sectors, they have begun to devise and implement their own alternatives. Together these are giving shape to a bottom-up movement that is essential for the transition towards a society and economy better attuned to people\u2019s lives. <\/p>

With its tangible and at times shocking portrayal of the violent clash between the established order and the forthcoming new order, this book shows us what lies ahead.
<\/p><\/blockquote>\n\n\n\n

THE RISE OF ASIA:<\/h3>\n\n\n\n

Economists, political scientists, and emerging market pundits have been talking for decades about the coming of the Asian Age, which will supposedly mark an inflection point when the continent becomes the new centre of the world.<\/p>\n\n\n\n

Asia is already home to more than half the world\u2019s population. According to UN data, 21 of the world\u2019s 30 largest cities, are in Asia.<\/p>\n\n\n\n

Somewhere in this year -2020- , Asia will also become home to half of the world\u2019s middle class, defined as those living in households with daily per capita incomes of between US$10 and US$100 at 2005 purchasing power parity (PPP).<\/p>\n\n\n\n

According to UN trade and development body UNCTAD, Asian economies will be larger than the rest of the world combined in 2020, as can be seen from below chart.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

In just a couple of generations, a \u201cwinning mix of integration with the global economy via trade and foreign direct investment, high savings rates, large investments in human and physical capital, and sound macroeconomic policies\u201d contributed to Asia\u2019s economic leap forward, according to the IMF\u2019s latest regional outlook.<\/p>\n\n\n\n

Over the past five decades, hundreds of millions of people in Asia have been lifted out of poverty and many Asian economies have graduated to middle-income or advanced economic status, according to World Bank definitions. <\/p>\n\n\n\n

As can be seen from below chart the gap in GDP per capita (PPP) between ASIA and the rest of the world is narrowing. <\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

CASH IS TRASH:<\/h3>\n\n\n\n

Ray Dalio, the billionaire founder of the hedge fund Bridgewater Associates<\/a>, the investment-management firm which looks after some US$160 billion, said during an interview on the sidelines of the World Economic Forum in Davos, Switzerland, that investors should be buying this market, rather than seeking safety in cash. <\/p>\n\n\n\n

\u201cCash is trash”<\/p><\/blockquote>\n\n\n\n