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


To: energyplay who wrote (61096)2/14/2010 8:39:31 AM
From: elmatador  Respond to of 217973
 
invest heavily. Amortize R&D by selling locally in the huge domestic market. The sell abroad and rake huge profits, since all investment had already been recovered by selling into the internal market.



To: energyplay who wrote (61096)2/14/2010 11:56:19 AM
From: koan  Read Replies (2) | Respond to of 217973
 
You omitted one of the most powerful, if not the most powerful innovators of modern technology for most of the last century, our university system.

But for the last 30 years we have sort of become an anti intellectual society engaged in things like trying to include creationism alongside evolution. Weakening the Public educational system. Not adequately funding early education and allowing education to become so expensive.

And one of the worst things giving the banks free money by allowing them to take a cut of several percent on student loans while the govvernment guaranteed them. Free money for banks and the rich; instead of the government just loaning the money directly LIke they used to. So student loans went from 3% to 6%.

This was nothing more than the rich feeding the rich. An ugly scam we all went along with.

California (where I grew up) use to have the worlds greatest eductional system, but starting with Reagan (who tried to destroy UC Berkeley) and as a partial result of prop 13 Californias educational system has been on a downhill ride.

>>I am not sure we will always do well technologically, the US technology performance has been based heavily on -

1) mass immigration of world class talent

2) extensive and heavy investment in advanced projects directed by very good people with little political pork influence (Darpa for example, NIH, Bureau of Mines, USGS)

3) a tax structure which favored long term venture investing and risk taking (this can change)
and

4) very large markets for technology in defense, medicine, communications, and labor saving devices and the world's largest and most lucrative consumer market for everything from Polaroid cameras to video games.

The US was alone in being number one in all of these elements for a period 1945 until the late 1990s.

*****

Japan is already a major player in material sciences, such a new LED types, and batteries.

China is executing some very good strategies for advancing their technology.