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Investments > Investing Science > Re: Prodigal So...
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Re: Prodigal Sons Return

by Les Cargill <lcargill@[EMAIL PROTECTED] > Mar 2, 2008 at 01:38 PM

Moorthy wrote:
> On 2 Mar, 15:57, rst0wxyz <rst0w...@[EMAIL PROTECTED]
> wrote:
>> On Mar 2, 7:48 am, Moorthy <morta...@[EMAIL PROTECTED]
> wrote:
>>
>>
>>
>>
>>
>>> On 2 Mar, 15:28, rst0wxyz <rst0w...@[EMAIL PROTECTED]
> wrote:
>>>> On Mar 2, 7:25 am, nos...@[EMAIL PROTECTED]
 (Straydog) wrote:
>>>>> On Sat, 1 Mar 2008 23:34:30 -0800 (PST), visualseep...@[EMAIL PROTECTED]
>>>>> wrote:
>>>>>> "The return of China and India to the leader****p of the global
economy
>>>>>> they enjoyed for the first 18 centuries after the birth of Christ
is
>>>>>> what historians will write about long after the term `subprime
>>>>>> mortgages' has disappeared from the lexicon."
>>>>> Sure sounds like Asian _nationalism_, but the  "leader****p" will
>>>>> probably be in overpopulation, continued poverty among half of the
>>>>> population, and lots of other highly imaginative,
self-congratulatory
>>>>> overestimations of the area's worth.
>>>>> It is also an overestimation of "leader****p" of China and India as
if
>>>>> there was a "global economy" for those 18 centuries. China and India
>>>>> did NOT dominate the global economy for all of those years. Only in
>>>>> recent 1-2 centuries was there anything beyond a regional economy.
>>>>> You make mountains out of ant hills.
>>>> The world is changing.  The under-privileged countries have learned
>>>> the tricks of the industrial revolution.  The energies of the m*****
>>>> are working overtime to overtake the Western powers.  Within the next
>>>> 30 - 40 years, Russia, China, Brazil or India will occupy the #1
>>>> position in this world.- Hide quoted text -
>>>> - Show quoted text -
>>> This is by no means a forgone conclusion. Let us not forget that
>>> wealth, power and influence is now based on prowess in leader****p
>>> science and technology. The West and particularly US will continue to
>>> dominate in this arena, and is only being chased by China.
>> George Bush is doing an excellent job of destroying this dominance,
>> while Putin and Hu are doing an excellent job of nation building.
>> Like I said, the 30 - 40 years will tell.- Hide quoted text -
>>
>> - Show quoted text -
> 
> I suggest you compare scientific output, i.e, patents and number and
> quality of scientific publications, of these nations.
> Bush or no Bush, US juggernaut marches on.

The ability of people to absorb additional productive capacity has
become the bottleneck. If a rising tide off the shores of the US
qualifies as "destroying this dominance", then good riddance.

--
Les Cargill
 




 1 Posts in Topic:
Re: Prodigal Sons Return
Les Cargill <lcargill@  2008-03-02 13:38:26 

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tan12V112 Sun Nov 23 3:42:54 CST 2008.