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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 (82844)11/7/2011 10:03:25 AM
From: Maurice Winn2 Recommendations  Read Replies (1) | Respond to of 218180
 
There is no reason for hoping <any US president can prevent the ascendancy of emerging markets' nations. > The fact that a billion people in China do Made in China of cheap products is great for everyone else. With another billion Indians producing cheap software, and providing phone support, the USA can enjoy cheap things.

For the USA to remain a big deal, they have to do big deal things which people want to buy, as they have been doing with the development of mobile Cyberspace.

It's bung thinking to think in terms of preventing ascendancy. That's 19th century thinking. The USA government's job is to make the USA good so it can keep up with other countries doing good things. What "make the USA good" means is stop criminals, enforce contracts, protect borders, define and protect private property, protect and auction the commons, issue and enforce Tradable Citizenships.

Unfortunately, governments in democracies think in terms of taking money away from people who do good things and giving it to people who don't. After a while, such communist hippie communes are abandoned by the productive. It's only 20 years since the end of the USSR but the major political democratic trend is to reinvent it as though the horrors were not great enough over the last 100 years.

Mqurice



To: Cogito Ergo Sum who wrote (82844)11/7/2011 10:46:09 AM
From: Metacomet3 Recommendations  Read Replies (3) | Respond to of 218180
 
I tend to agree with your hypothesis.

We are at a crossroads.

One path will surely destroy us a force to be reckoned with.

The other will only provide us with an opportunity to marshall our talents and emerge as a significant player going forward.

We will see if Jay has correctly pegged us as a nation of retards.