Market Watch with Tom Waitt

February_16th_2011.mp3 Population, Freedom and Prosperity    China, India and the rest of Asia (and now Africa) have moved into the modern era. Freedom and prosperity are in demand; the rest of the world wants the American dream.   World Population by Country (Click For Larger Picture) The wonderful living standards of the developed nations is transmitted globally in this the age of instant communications; cell phones, facebook, hand held computers, youtube, twitter, transcending language barriers, religion and demographics. One of the great changes in history is Asia's amazing climb out of poverty. The changes are remarkable. Every year ten million new mouths enter China's enormous work force, they are all looking for jobs. The average wage in Egypt is two to four dollars a day. In much of Africa people work for just the food that keeps them from starvation. As the standard of living in Asia and Africa rises, the standard of living in the developed nations declines. The pe