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


To: KyrosL who wrote (88291)11/1/2007 1:16:20 PM
From: skinowski  Respond to of 110194
 
China is evolving politically very rapidly - from Mao's Communism to having a huge number of millionaires in the course of a generation. They learn super fast.

"Equalization" in this context is a relative concept. Even within a single nation there are regions with differing educational and economic levels. But I think this concept may be of help for developing an understanding of the big picture.

About "reclaiming jobs"... I'm not so sure about that. I think it would have to amount to a degree of economic isolationism of some sort and to some extent... and that carries risks of its own.



To: KyrosL who wrote (88291)11/1/2007 3:40:54 PM
From: GST  Read Replies (4) | Respond to of 110194
 
If you visit the campus of any major US university -- and especially the leading research universities -- you will see an astonishing number of students from other countries -- and that is fine by me. If you visit places like China you will see ten times the number of students studying science and engineering than you will in the US. The idea that other countries do not have the capacity to rapidly grow their intellectual capital does not seem to hold much water these days, and the commitment of the US to maintain its lead seems shot through the heart by misguided budget priorities like invading other countries to control the flow of oil.