SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GraceZ who wrote (18287)3/9/2004 10:01:17 AM
From: fattyRead Replies (3) of 306849
 
>We had an inherent advantage with our free market capitalist system for a long time because some very large countries followed ruinous economic paths like communism and socialism (as practiced in India) keeping their people extraordinarily poor and their industries uncompetitive.

So in a sense, the US never really had any real competition until the recent years. As these countries are learning to do things our ways, I'm not sure how much of our past glories/history can rescue us because from now on, it's about real competition, it's about our IQs against their IQs.

>This is nothing new. Workers and industries are always losing their productivity advantage to others who catch up either by employing new technologies or by changing conditions. What one man can do, another can do...given enough time to learn how.

So what do you think is our 'core' competencies 15-30 years down the road? Baby boomers probably don't care because they will be retiring in sunny Florida.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News