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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 383.15+0.8%Nov 26 4:00 PM EST
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To: elmatador who wrote (39443)9/1/2008 4:04:35 PM
From: energyplay  Read Replies (1) of 218043
 
I expect that China is less than a decade way from producing forefront technologies. I don't know enough about India to comment. Chinese technological progress is covered pretty well in the US business press.

The "no forefront technologies" used to be said about Japan -

Now over 80% of the new types of laser diodes and led colors comes from Japan, lots of drug research, etc.
Their robot research is first rate. Some good metallurgy also.

I would expect that China's most advanced research will happen in area of national importance to China - energy, public health (specifically epidemic disease), and later, pollution mitiagation.

There is a reasonable need for additional US investment in internet technologies and building more infrastrure.

Technology policy will always need work, and always need to be adjusted. So the roof leaks in a few places - the leaky places get fixed. But the roof is not going to cave in or collaspe.

To get funding, it helps to have a doomsday sceanario.

THe large long term problems of the US have to do with culture and who gets to run major insistitutions. There is also the key question: is the US going to become more like a republic or more like an empire ? The Cold War pushed to US in the Empire direction, and too much of that will produce ruin.
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