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


To: lifeisgood who wrote (88335)11/2/2007 1:17:07 PM
From: GST  Read Replies (3) | Respond to of 110194
 
Sure the USA has smart people -- but the pool of smart people around the world with wonderful new choices and opportunities is growing at an astonishing rate -- and that challenges us to not drop the ball because there are lots of people around the world who can pick it up. I love living in a global economy -- but if there is one thing that you can never afford to be in a global economy it is complacent. We, as a nation, waste so much time on issues that lie someplace between self-destructive, like invading Iraq, and outright irrelevant to our future prosperity, like whether or not gay people can get married or whether millions of people who live and work here should be allowed to legally drive and have car insurance -- it is a wonder we can stay sufficiently focused to keep our economy moving forward. We will live and die by our brains, the brains we attract from other countries, and the rich networks of friendly brains we can do business with all over the world. If you listen to the babble on the "news" you would think our future depends on an endless string of absurd and ruinous wars to preserve our god-given right to burn oil and destroy the atmosphere. What we need is to unleash our innovative capabilities and throw the trash talking spin doctors and their political masters in the dumpster. Sure, we have smart people, but you would never know it if you turned on your TV or read the news to see what "Americans" care about. Its time we spoke up.



To: lifeisgood who wrote (88335)11/3/2007 3:52:06 AM
From: Real Man  Respond to of 110194
 
"We have plenty of them in the USA. Always have had, always
will."

True, lots of smart people still around. "Always will" is
an assumption. If the dollar drops much further, we might get
into a brain drain situation. Europe was brain center prior to
WWII, in particular, Germany. Then all leading European
scientists were "drained" to the US. Perhaps, this had to
do with hyperinflation in Germany, perhaps, much more so with
Hitler and his war.

"By 1930 Einstein was making international visits again, back
to the United States. A third visit to the United States in
1932 was followed by the offer of a post at Princeton. The
idea was that Einstein would spend seven months a year in
Berlin, five months at Princeton. Einstein accepted and left
Germany in December 1932 for the United States. The following
month the Nazis came to power in Germany and Einstein was
never to return there."

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