Thursday, February 03, 2005

When Bill Gate's Speaks People Listen... and this is worth hearing

John Robb's Weblog: "Bill Gates at Davos: 'I'm short the dollar.' 'The ol' dollar, it's gonna go down.'
Gates was more upbeat about the economic prospects of China, which he described as a 'change agent' for the next two years. 'It's phenomenal,' Gates said. 'It's a brand new form of capitalism.' Four months ago Gates' $27bn foundation received approval from China's foreign currency regulator to invest as much as $100m in the nation's yuan shares and bonds."

Gates is often late to the party on technology and I wonder if the same is true on global economics?

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