The World Is Upside Down

Think about S. America. Now N. America. Remember Bob Dylan's observation: these times, they are a changin'?

A paradigm shift of considerable proportion is required by the current global rebalancing of economic power. I strongly recommend Roger Cohen's recent column from Rio de Janeiro for a glimpse at this shift. Mr. Cohen's analyses suggest "the developed world depends on the developing world, rather than the other way around". He invites us... "to understand it, invert your thinking". Here is the link:

www.nytimes.com/2008/06/02/opinion/l02cohen.html?ref=opinion