Indexing After the Financial Crisis - The 10th Edition

US companies get half of their revenues from outside the U.S., says John MacIntosh. If people knew they were putting 45% of their international money, so-called international non-US is a better formulation in Great Britain, France and Japan, he argues. But every one of those economies has real problems: French don't work very hard; Japanese have deeply aging economy over burden by future retirement claims. 'I can't imagine it' - MacIntosh on whether these countries will be able to outperform US for next decade or 20 years.