August 27, 2008, 12:23 pm
While US real estate fades, Middle East booms
One entrepreneur is beating the U.S. real estate slump by taking his itsy-bitsy buildings to the Middle East. What do you think of the global sales strategy?
Your Answers
From Steve, Los Angeles, CA. Brilliant. Global Diversification is really the way to go in the current U.S. climate of the falling dollar and rising energy prices.
…If you can't make money here- ship it offshore.
Sure, some would argue that doing so is bad for the U.S. economy. However, until interest rates rise a bit more, investors aren't going to want to bring their money to U.S. investments.
So- go where the money is, but look out on the horizon- for every boom will always have a bust.
Posted By Steve, Los Angeles, CA. : September 2, 2008 5:47 pm
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I agree 100% with the statement above. Going global is the way to go!