Jacob, We do not have enough data. What are the culture implication for the specific rim and specific countries if they are not able to come up with the required support revenues and the implication if they can. IMHO, the old slogans, "Those who have the gold make the rules," and "each of us will ultimately look out for our own self-interest" will prevail.
Do we have anyone on this thread who understands the pacific rim culture, what committment the power structure of these countries will exercise to move into the information/technological/genetic age and the required manidates that the lenders will place on those who want to move ahead into the information age?
It dawned on me that some countries of the world my try to hold other countries back. Turfdom has erupted in the past. If so, IMO, the restraining countries have a very limited focus with the explosion of technology. However, Zweig, and others have said, follow the FED and interest rates in the US. It could be as easily be said, follow the money flow (IMO), etc. on a global scale. "Power corrupt and absolute power corrupts absolutely." Everyone will protect their own turf.
One constant we do have is "change." Moore's law is still in effect with computer power doubling every 18 months. It would be interesting to know what the $$$$$$$ money power figures are strategizing in this money crisis.
Just my thoughts for comments and my search for additional information.
The linear thought process might not do the job for us unless we have some understand of the culture, psychological, power relationships and committments.
Paul V. |