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


To: Cogito Ergo Sum who wrote (74834)6/4/2011 12:20:01 AM
From: average joe  Read Replies (1) | Respond to of 219408
 
The only saving grace Canada has is a large resource base and having the U.S. as it's major trading partner. Without those two things there would be no teat to suck.




To: Cogito Ergo Sum who wrote (74834)6/4/2011 4:42:27 AM
From: Snowshoe  Read Replies (3) | Respond to of 219408
 
Effects of the resource crunch are transmitted globally, so this affects all our fellow planeteers. Maybe the shale boom will help keep the party running for a while longer... youtube.com



To: Cogito Ergo Sum who wrote (74834)6/4/2011 5:15:34 AM
From: elmatador  Read Replies (1) | Respond to of 219408
 
You needed: Vast territory, strong army and lots of natural resources. Science and the industrial revolution changed that.

It threw knowledge into the equation. Europeans, Japanese and the US (yes, the 'West? again) amassed the knowledge and got rich using the science.

That is the only difference. They mastered science and technology. See the jet planes, and space race I mentioned previously).

Natural resources and vast territories took a back seat post WW II.

Cut to post Cold War, circa 1991. 2.5 billion people join the world economy and today vast territory and natural resources matter.

Luckily, Brazil is very well positioned to take advantage of its failure to join the 'West'.

It did not developed a financial economy.

It has industrial base, knowledge and vast territory. What is missing badly? Educate the populace. This is being done in the past 10 years. Now it is only a matter of time.