This is an interesting short article from the Economist and WELL WORTH A READ. Check it out!
It’s perhaps no surprise that big companies in the US are doing very nicely thank you. The outlook for US labor is less rosy. With tighter monetary policy announced by the Fed, especially on QE, big companies will need to start investing heavily to get a greater foothold in major growth markets like China.
With the UK and the Eurozone trailing the US in terms of economic recovery, it’s interesting to speculate:
Will UK and European businesses miss the boat in major growth markets like China failing by invest in the required skills, technology and business development?