"The world is entering a transformative era."
So writes Walter Russell Mead in the Wall Street Journal. He concludes his opinion piece by adding,
History is accelerating, and the leaders, values, institutions and ideas that guide society are going to be tested severely by the struggles ahead."
Furthermore, it appears as if the "world" is going to have more than enough financial resources to underwrite the transformation.
Just note the news from the hedge fund sector.
All indications point to the fact that there will be plenty of new hedge funds around to supply