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General : Disruptive Innovation
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 Message 1 of 4 in Discussion 
From: MSN NicknameDann1776  (Original Message)Sent: 7/9/2008 3:19 PM
 
You Must Be Invested in China
 

If you are an investor with a long-term time horizon, you must be invested in China.

Sound crazy?
On a recent flight from Beijing to Hong Kong, a professor at the University of Western Australia told me, "In 25 years, this will be the most powerful and advanced country in the world. There will be more wealth created in the build-out of China than in any country in history."

Given that this gentleman had just come from lecturing at a conference on disruptive innovation, I'm inclined to believe him. The focus of his conference was "destroying markets."

"Wow," I told him. "That sounds violent and painful."

"It is, and the Chinese people are ready," he replied -- with a huge grin on his face.

http://www.wired.com/wired/archive/10.03/schumpeter.html

Schumpeter argued that capitalism exists in the state of ferment he dubbed "creative destruction," with spurts of innovation destroying established enterprises and yielding new ones. This view seems far more current than Smith's Newtonian notion of an "invisible hand" generating stability in the marketplace.

Smith was a conceptual breakthrough for Europe, but he didn't say much about bone-jarring technological shifts or the crucial role of entrepreneurship. "It's not difficult to be for Adam Smith and Joseph Schumpeter at the same time," maintains House majority leader Dick Armey. "The market must clean itself out by taking resources away from the losers, so it creatively destroys the losing companies and reallocates resources to the winning companies. That's really what's going on."

 
WHERE SHOULD AMERICA'S PRIORITIES BE?  AMERICA IS GOING TO BE THE LOSING COMPANY!!!
 
The staus quo is to focus on the Middle East, protect special interests, and the old money barrens at any costs.
 
DOES AMERICA WANT TO LIVE IN THE PAST OR THE FUTURE?
 
 
 


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 Message 2 of 4 in Discussion 
From: MSN NicknameBadBobTxSent: 7/9/2008 5:55 PM
Dann
I'm sure this guy is a whole lot smarter and knowledgeable than I am but I have been around to know what seems destined to come in 25 years may not come to fruition in the end. That's too long of a time period and too many things can happen. I do agree that China will become a huge driving force in the economic world. But don't count us out just yet. I'm bullish on America.
Bob

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 Message 3 of 4 in Discussion 
From: MSN NicknameBadBobTxSent: 7/9/2008 5:56 PM
been around to know = been around long enough to know

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 Message 4 of 4 in Discussion 
From: MSN NicknameDann1776Sent: 7/9/2008 6:51 PM

I RATHER LOVE AMERICA, AND I WANT TO AGREE WITH YOU. However, 1 Billion Chinese that are hell bent on nationalism, working very hard, saving and making it better for their children than they had it themselves is going to be serious competition.

Graduation rates for Black students in metropolitan Detroit 37% for black males, less than 50% for black females. Obama may be able to motivate the more challenged young people and that would be a great start.

Bush has not set a good example and motivated very few if any - and that is being kind. Americans have had it too easy for too long and are just now being reminded of world normalcy. America needs to close loop holes for the special interest groups, such as sugar, insurance, pharmaceuticals, lumber, banking, etc.

The Government needs to review monitory exchange rates between us and most of our Asian trading partners. The dollar drops in value 50%, yet the YEN is always about 110 yen to the dollar for example. Pretty simple mathematical bull shit there, and the same with China.

America needs to become energy independent with in the next 5 to 3 years (energy independent within North America). How can we do such a thing you may ask. Rather easy really. 1/3 of all the oil used in America is used by the Military. Cut their Budget by 50%. Put all that money as matching incentive for anything that creates energy or saves energy. Pay for half of all insulating of buildings in America, capture wasted industrial heat, Create R & D for alternative modes of Automobile propulsion.

Schools should be heated with boilers that make electric and the waste heat used to heat the schools in the north, and in the south they should have Photo -electric roofs to make electric to cool them and produce light.

Should northern Roads have Photo –electric cells along side to run lights at night? How about Windmills in the meridians or along the sides to capture the air as gushes by with the Semis. Should America be reviewing the use of Trains and get more trucks off the highways. Raise the fees for Trucks so that more goods would travel by rail and leave that extra space on the high ways for people.

There are a million ways to reduce need for energy, produce more energy at lower prices and so forth.

All of this would produce millions of good paying jobs, jobs of taxable income and lead us to world dominance of alternative energy industry.

This is just a start to compete with China my freinds...


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