Imagine all the people….

Einstein once said “Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world.” I never really quite understood this piece of wisdom, especially as a young Physics major back in college. I was trained to believe knowledge held the power to everything. As I have grown I’ve come to realize that imagination is truly the best thing going for anyone. If can imagine something and work towards it then you’ll certainly achieve what you’re seeking.

I bring this up because I am fascinated by globalization and Internet technology. I believe we have just touched the tip of the iceberg. The world will truly be transformed in the next few decades. I can feel it in my bones!

Now, where am I going with this you say? Readers of my blog will remember that I brought up the possibility of outsourcing Realtors to India. Many thought I was crazy and said it was outside the realm of possibility. I’m not saying this has been done yet but you’d be surprised to read about some of the services being outsourced these days. What would you say to the idea of having your child tutored by someone in India? How about buying your home with low interest money in a foreign country, your own carry-trade operation!

I just read WSJ articles on these topics. These articles talk about the different possibilities out there and how imaginative companies are making it happen – profitably!

Homeowners Abroad Take Currency Gamble in Loans (Subscription required)
Outsourcing Your Life  (Subscription required)

Read and enjoy. Let me know what you think too! I imagine you’ll have a few things to say.

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