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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (23192)	1/26/2003 4:04:12 AM
From: X Y Zebra	Read Replies (1) \| Respond to of 57110

Yes, we seem to be in agreement (in gemeral) in most of the points. The empowerment of the people is the one thing hat the Chinese (or most third world countries for that matter) need to understand. Will they get it? probably in a longer term horizon. The power and wealth that those at the top is so huge that they are very reluctant to give up, but open up they must if they truly want to become economic powers as they intend. I think that the biggest advantage that we have in the upcoming economic war is innovation. I think that this is an area where we excel more than any other culture. Totally agree, however, I feel that the system, touching on the legal, insurance and medical is a concern. and will be a big obstacle to compete with China, India, Malaysia and so on, once they get really going. It feels as though "we've grown soft and fat". Unless this spirit of innovation can re-energize the manufacturing job machine, the growth prospects here seem limited. Then we are currently facing this debt/unemployment/lack of growth. How specifically this innovation will overcome this picture, I do not know. I assume that a shock to the system will be the only thing that will shake us, will we succeed ? i do not know. If the population at large expects "daddy government" to bail us all out, I doubt it. As it is the prospects for labor competition are so bleak that unless a big reform in benefits, taxes, and government spending is implemented.. forget it In a way, I think we need to be challenged by one of these competitive entities, in order for real innpvation to kick in. $420 gold ? well, that suits me fine, and yes, after that the market will tell us where it will want to go next. Cheap synthetic fuel ? I think it already exists, (for example, Mobil One), but perhaps the patents are owned by some oil company and so ... Like deBeers with diamonds, they seem to monitor the supply. OPEC and the rest are mere screens, at times, they resemble monkees with the Saudies playing the organ. Oil based economies... yeah, that's a problem... what's the statistic... Electricity consumption by region (and its projected growth) geocities.com Carbon emmissions by Oil: geocities.com Oil Production after the year 2000 ncseonline.org Othert interesting data... geocities.com