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


To: Mike da bear who wrote (56667)3/23/2006 4:23:13 PM
From: GST  Respond to of 110194
 
<You're not going to find chinese phesants> The elite schools in China don't ask who your parents are -- you earn that right. Ditto for India. You have a head full of stereotypes. Your children and my children will also have to earn the right. We are the free lunch society -- and there is no more free lunch. We are the negative amortization society -- and the loan is being called. Those willing and able to be educated and productive will thrive. That is the new law of the global jungle. We will soon see whether or not Americans have the intellect, work ethic, creativity and entrepreneurial spirit to thrive in the global economy -- and of course the truth is some will thrive and some will pump gas -- oh, that is right, we all pump our own gas now. Perhaps we can bring back full serve gas stations for the children of parents who thought that US citizenship made eduction an unnecessary luxury.