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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 496.02+0.3%Jan 29 4:00 PM EST
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To: Maurice Winn who wrote (76819)7/25/2011 3:05:04 AM
From: elmatador1 Recommendation  Read Replies (1) of 219888
 
I was discussing with an American lady here about GDP relationship to size of a territory, resources available and size of population.

I continued to say that if country overshoots its natural size it returns to it. Give Japan as an example. To which she said, but Japan has intelligence.

Indeed, I said. But it could not rely on intelligence to keep its stand. Only to shoot up there.
Japan has only intelligence the way an oil country like Saudi Arabia has a single resource.

Japan's resources cannot warrant an economy of that size.

Intelligence can create things through which less intelligent people gets a view into the innards of things and start replicating that produce. Japan did that with the rollover strategy.

Sending to Taiwan low end products manufacturing and moving upmarket. South Kora imported Japanese methods and then once it moved to China it took a life oif its own.

Japan, slowed down, then stopped. And now is in reverse.
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