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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Amy J who wrote (16593)2/3/2004 9:51:09 AM
From: fattyRead Replies (3) | Respond to of 306849
 
>I think you underestimate the capabilities and hardwork of Americans, the workers, our systems, our efficiencies in our systems, our infrastructure, and even our government is much, much more efficient (even if you can't believe this last item, it's very true.)

You forgot that the average American doesn't compete with the average Chinese/Indian. With a combined population of 2.5+ billion, the 300 million Americans are competing with the top 10% of Chindians!

The guy sitting next to you might have scored a 1200 on the SAT, but the Chindian on the other side of the planet probably scored a 1550.



To: Amy J who wrote (16593)2/3/2004 1:10:38 PM
From: NOWRead Replies (1) | Respond to of 306849
 
"New innovation, higher margins creates higher wages."
Must be the reason average American salarly has fallen by ten grand over the last three years.



To: Amy J who wrote (16593)2/3/2004 1:53:40 PM
From: RealMuLanRead Replies (1) | Respond to of 306849
 
>>They graduate something like 1 million students per year each. <<

To get you number right, China graduate 2+ million from colleges each year.



To: Amy J who wrote (16593)2/3/2004 2:45:50 PM
From: BubbaFredRead Replies (1) | Respond to of 306849
 
<..while our schools don't teach calculus until the senior year..>>

Not every students get to this level. Just a select group of students, maybe 5 to 10%. In China and India, it's all students.