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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (46923)	12/9/2005 5:18:16 PM
From: GST	Respond to of 110194

Innovation in the US is exactly what is lacking. The US is losing the lead in one area after another. There are many who wrongly think this is primarily a matter of cost -- although cost is clearly one factor. Instead it is an inability to realize the extent to which life in America has become sealed off from the tremendous opportunities inherent in a global, knowledge-intensive economy facing severe environmental constraints. We cheerfully and blindly ignore our own extravagance and our creeping irrelevance, refusing to face the facts of life -- and the fact of life that drives all is this: Innovation is our only bridge to a more prosperous future.