One of the greatest advantages the U.S. has had in the past century

[KlatooBNikto]

is likely to fall victim to the easy mobility of capital and the development of a technologically sophisticated intelligentsia in countries like India and China.As the welcome mat for these enterprising and innovative people gets rolled up in the U.S. they will be gravitating towards more welcoming arms in Europe, Australia and of course, their own native leands where they are beginning to be treated like royalty. The best attraction in the U.S., the availability of venture capital, may also become a thing of the past in an era where venture capital can go seeking the best returns anywhere in the globe.

The loss of leadership in technology may hold many problems beside the obviously economic ones.It may very well become possible for many countries to resist U.S. dominance and simply move out of the old paradigm of what is good for Uncle Sam is good for the world.That means loss of political influence.And who can blame those countries that want to shun the U.S. and decide to go it alone or as members of regional economic alliances?

The low hanging fruits of the twentieth century have been picked clean.Now the fight is going to be for the more difficult to get fruits.Here low wage highly educated countries have a massive advantage.

[Tandalayo_Scheisskopf]

1. The simple fact is...

That unless our leaders are comfortable with a long, slow slide to third-rate economic status and massive amounts of poverty in the general population, we are going to have to enact some protections and regulations, to maintain what we have left and encourage growth of new industry and technology. Of course, one of the ways we can do that is through education, a new commitment to seeing that people, throughout life, can get the education that they need at prices they can afford. Also, real upward economic mobility, on a wide scale, is THE motivating factor that works. Mobility that means that what you are working for is there, when you get there, not this carrot on a stick that is pulled away at the last minute crap that is so fashionable of late.

Economics are the new nuclear weapons and are just as strategic. We seem to have given up our rights to national economic self-defense. We have left our middle class, the engine that fuels this economy, unprotected, so rich fucks can buy their children luxury cars for Christmas.

The harsh lessons of history show that we are reaching a fork in the road: We can either deal, constructively, with what is before us, or we can ignore it and have riots in the streets. History is clear that the second is what happens in societies where the middle class is destroyed in the name of greed.