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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Webster Groves who wrote (71097)11/11/2007 6:09:09 AM
From: elmatador  Read Replies (1) of 116555
 
Technologies freed: GPS, CDMA, VSATs, opto-electronics... Communications developed by money doled out by taxpayers could not be used for civilian defense. Thus no exports nor manufacturing elsewhere.

Then Cold War ended. Heard about venture capitalims? Note that it is center of gravity was California? Exactly where the home of the defense establishment was?

Yes. Venture capitalists took those technologies -free from the hands of the military and create a new industry that culminated in the Tech Bubble.

Tech bubble roots? technology freed for civilian use.

Oh by the way the Internet concept was created for the military use, DARPA stuff.

Soldiers toys were too precious to be left for military use only.

Then the US had the COCOM. When I needed a scalar network analyzer in Nigeria (for Digital radio long haul, Munich had to get authorization to get it sent to Nigeria, because it was controlled its re-expport) Lots of u

Note pelase that I am not talking abpout dua-use technology such as numerical control machine that used to make jet engines now used for gas turbines to generate power.
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