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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.33+0.7%4:00 PM EST

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To: Maurice Winn who wrote (2800)12/23/2005 3:52:13 PM
From: arun gera  Read Replies (2) of 217852
 
>It must be very magical and concealed in that case. Which is usually what priests, soothsayers and mystics claim about their superstitions to keep the credulous in thrall to their demands.>

Maurice,

You are missing it. Of course it is concealed. Everyone thinks of Bangalore as being this First World kind of place. But it is still a third world kind of place. When they go to Bangalore, they are disappointed by the infrastructure but impressed with the people.

Indian workforce is catching up with the First World work force very quickly. Indian companies are still weak in management and marketing, but they will catch up in a decade.

India still has only half he number of college grads per year as US. Same with China. Wait another 10 years, when the numbers are closer to US levels for each country.

I have to concede your point that US has stayed at number 1 for nearly a century. And staying the leader is tough and proves the adaptability and strength of this country. It will be very difficult for China to stay the leader when it gets there.

-Arun
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