Episode 284: Exploring the Resilience of Global Capitalism

In this episode of "Think Smart with TMFG," hosts Rob McClelland and Mike Connon of Assante Capital Management delve into the enduring vitality of capitalism worldwide. Despite global challenges, capitalism is thriving, as demonstrated by Rob's recent travels to Vietnam, Thailand, and Singapore. He shares his firsthand observations of bustling economies, low crime rates, and the flourishing tourism sector.

Rob discusses the impact of the recent US election on markets and highlights the adaptability and resilience of businesses in the face of adversity. With a focus on the Southeast Asian experience, he contrasts the vibrant street food culture and affordable dining options with North America's expensive dining scene. He also explores the efficiency of public transportation and airline services in the region compared to North American standards.

The episode concludes with reflections on global governance, public sentiment towards governments, and the stringent penalties in place that contribute to low crime rates. Tune in for an insightful discussion on global capitalism's strength and the lessons it holds for everyday Canadians.