US economic domination nearing an end

markets forum

Framlington uk fund manager nigel thomas believes the us is weakening but no other country looks ready to take its place as global leader

Framlington's Nigel Thomas sees the era of US global economic domination coming to an end, but no single successor on the horizon. The UK fund manager believes the US is weakening, thanks in part to being a $10 trillion debt nation but also due to soaring demographic costs, at a time when other economic blocks are emerging. These not only include China and India but also Japan and a recovering Russia, as it and its near neighbours forge a new central Asia market, and Europe as the EU expands east. Thomas said investors will be able to avoid fallout from the US market as they will be able...