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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (46701)2/24/2009 11:03:10 AM
From: Andeveron2 Recommendations  Read Replies (2) | Respond to of 218627
 
Wrong. China wants everything the USA has to offer. Despite the myth that the USA produces nothing which is often repeated but never researched, the USA produces a myriad of products and goods that the world wants. Look up the 2007 U.S. export numbers if you don't believe. Google is your friend.

Furthermore, America has shaped and will continue to shape the pathway and progress of the modern world. Examples include:

Cars: Believe it or not, Ford and GM were once titans.
Computers: A global revolution that started in America
Internet: Started in America; we still own the registry
GPS: Paid for by US tax payers, now serving the world
Relay Satellites: Innovation bred by American engineers

I would add Twinkies to the list but those were made in the 1930s and I'm not sure that sponge cake qualifies as a global shaping mechanism.

Where will the next innovations in technology, energy, and communications come from? China is dubious since they're basically a shop floor that relies on Western technology and schematics. Japan is also a largely a follower of the West when it comes to technological innovation. I do love their video games though. The whole of Europe is a possibility but my bet is on America to plow ahead in the next few decades and lead the world once again when the current malaise is over.

And when the malaise is gone and forgotten, America will once again offer new innovations in financial products... which will probably lead to another global malaise. Boom and bust is the natural order of the universe. Live with it.

So, o my, o my
We now have nothing China's wants. The bulk of our GDP was once production, and it became then FLUFF, commissions, interest rate income, massive dealing making creatingr one Monster Pig Corporatioon after another provinding huge income, mega-merging deal makers.