new thread, page-44

Correct in saying that the tools were not in place to invest easily o/s as what can be found today. Even though they are there, huge transaction costs must be outlayed.
But moving forward at lightning speed we are more connected with the world and global markets.
Australia will be extremely rich in the decades to come. No doubt. The U.S will also continue to be a powerhouse decades from now.
The opportunity to become part of this directly will be rewarded. The corporations selected is another matter. You mention Toyata Corporation. Has done extremely well to shake GM out of a predominant global motor behemoth, but is it sustainable? I am not familiar on the car industry.
However the point you make is one for everyone to take note. The boundaries across borders are forever shrinking. We may be isolated by region, but we are all part of a global game. The need to adapt to this change is a must for personal investors large and small.