Wednesday, February 27, 2008

Market Revolution


Unless you have been under a rock for the past few months, you have been subjected to all of the dreary news regarding the financial markets. However The Wall Street Journal published an article in today's issue that provided somewhat of a breath of fresh air. While we talk about the stock market, trading and exchanges casually and without much fanfare, one of the world's most ancient nations, is inaguarating its commodities exchange next month. The Ethiopia Commodities Exchange set to open in March 2008 begins Ethiopia's era of modern trading. Though quite behind compared to the U.S. considering the Chicago Board of Trade opened it doors 160 years, my personal approach to investing it it's never too late and this groundbreaking occasion in Ethiopia is sure to change the lives of its millions of citizens forever.
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