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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: arun gera who wrote (64223)5/25/2005 2:10:19 AM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
<He is likely to articulate his/her vision in mandarin and you won't even understand it.>

Arun, it's weird that there are still some people using other than English [or even American]. Even when I shout at them, they usually still can't understand.

<where is the innovation? Where is the creativity? Where is the ability to articulate a vision? Where is the Chinese TobagoJack?> > It's kind of like SETI. We suspect there is intelligent life "out there" talking in some weird language, but scanning the cosmos hasn't found it.

We should perhaps look for the effects of the said, creative, innovative, dynamic intelligent Chinese life by indirect means - such as the wobble in a star shows a planet sneaking around. But, it could be in lurk mode and will only spring on the world in full-blown form, without even a wobbling giving the game away [such as a sucker punch on the no-brainer speculators against the "everyone knows it's too low" yuan].

I suspect that India, with the software geeks, parliamentary democracy [or whatever it is], English as a first language [almost], peaceable Hinduistic inclinations, and warmer climate, is in a better position than China in many respects.

China seems to be catching up by reinventing the industrial revolution on low pay rates. That seems a recipe for getting so far, but perhaps up a bit of a dead end. Though having a LOT of cash flow, even from basic industry, leads to the ability to then take on the creative, innovative stuff which enables leadership. For example, Chinese in NZ were market gardeners, which funded the next generation's educational supremacy into professions.

Meanwhile, India continues the old ways with divvying up spectrum on the basis of spectral efficiency of CDMA vs GSM rather than by auction [presumably shifting the allocation according to suitable payments to the right people]. GSM "needs" more spectrum, so like some poor beggar, they are simply given more. They don't have to compete against other options on an economic basis.

Mqurice