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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 414.48+0.7%Jan 9 4:00 PM EST
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To: Seeker of Truth who wrote (37440)7/21/2008 2:30:02 AM
From: energyplay  Read Replies (2) of 219208
 
I don't think Europe is 'backward' but either their industrial and research policy people have multiple blind spots, or they have created some systemic issues with company formation, risk taking, and getting capital to new companies.

The EU has increased prosperity in Ireland, Spain, and to a large degree in Portugal and Greece. The Eastward expansion of the EU has been more than pretty good success. They have a good record in the policy and economic development area.
I don't expect Europe to create another Silicon Valley or Korean economic miracle, their record in technology really lags.

*** *** ***

There are lots of indictments of the US education non-system, this is the first time I have heard the metric system included. The metric system is easier, and even inner city kids are learning it -

theonion.com

The US populace does not want to change. The US voting public does not want to change either.

Also, the US voting public does not want the One dollar bill replaced with a dollar coin. I think many Canadians did not want singles replaced with Loonies, either.

Countries that do things wisely -

maybe Finland ?

online.wsj.com
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