Marc Faber on the ongoing power shift from the West to the East

"Marc Faber :  Well, basically, everything is connected and interrelated. We had a colonial system until the end of the Second World War, followed by the rise of

individual countries. And over the last twenty-five to thirty years what we had was the rise of China with 1.3 billion people. Because of China’s rapid growth and resource dependence (iron ore, copper from Australia, Brazil and Africa, and oil principally from the Middle East), the Chinese have obviously become a very important economic force..."

at http://www.marcfabernews.com/2014/08/marc-faber-on-ongoing-power-shift-from.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MarcFaberBlog+%28MARC+FABER+BLOG%29#.VASyn_na6m4