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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 (89960)	5/9/2012 8:09:22 AM
From: Haim R. Branisteanu	1 Recommendation Respond to of 220464

Yes I agree with your conclusion, the US is only richer in natural resources which is helping cover the huge deficiency of the system of growing by borrowing. Growth is not sustainable by taking on more debt and low interest rates. In addition the US enjoyed a great inflow of talent from all over the world since the 60 thies, peaking about 20 years ago, which inflow of fresh talent decreased substantially, as shown by the table TJ provided the link. oecd.org Growth is mostly spurred by innovation and the launch of new ideas and concepts - this part is starting to stutter in the US and it seems it is being taken over by parts of Europe and Far East. Presently the US has a leadership position based mainly on military force and not ingenuity and technological advancements. Demographics is also taking over and slowing the growth in the US and increases liabilities.