EM ETFs are mmn a must ...in 20-30 years everything will pay off
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•@user73972ed9d0334e19 or not...
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@user73972ed9d0334e19 Only then at the very latest!
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@Joehart Why not? The EM are not stupid, but are also learning more and more about how to develop and manufacture products that are just as good as the developed countries and market them locally, e.g. smartphones or electric cars. And this is exactly what will slow down the growth of the dev markets, because the sales markets in India, China, etc. are collapsing. Growth is never infinite in globalization: If, for example, Apple only produces expensive smartphones instead of inventing something really innovative like the iPhone in 2006, then many will switch to cheaper alternatives, which will slow down Apple's growth. The same applies to Tesla+Co.
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