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His new books says America is facing stiffer and stiffer competition. And even better, get this: he says that globalisation isnt a 'race to the bottom' its a 'race to the top' and america is losing its competitive advantage.
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"Everything for the State, nothing against the State, nothing outside the State" - Benito Mussolini -
OhSpeaking of Erith:
"It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda Smith -
But why is the world flat??
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because, the other countries are catching up to us in terms of economics. they too are becoming connected with the world. our advantage is being slowly reduced."Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
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Many would consider your economic model to be lagging behind a large proportion of the western world actually...Speaking of Erith:
"It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda SmithComment
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Somebody needs to give T.L. Friedman the "Captain Obvious" -award.
USA isn't losing anything. Some other nations are just gaining faster.america is losing its competitive advantage.Comment
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Relativity VJ
Speaking of Erith:
"It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda SmithComment
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Many would consider your economic model to be lagging behind a large proportion of the western world actually...
And those people are stupid. Asia is where America's competition is coming from.KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!!Comment
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Really? Scandinavia is already spanking you in terms of living standards, and hotness of women.Only feebs vote.Comment
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Standard of living is a far more important criterion for judgement. As Agathon said, you rave on about your economic model but how well does that filter down to the general populace?Originally posted by Drake Tungsten
Many would consider your economic model to be lagging behind a large proportion of the western world actually...
And those people are stupid. Asia is where America's competition is coming from.Speaking of Erith:
"It's not twinned with anywhere, but it does have a suicide pact with Dagenham" - Linda SmithComment
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Really? Scandinavia is already spanking you in terms of living standards, and hotness of women.
Who's talking about standards of living? I'm talking about economic strength.KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!!Comment
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yeah, thats what Friedman said too. India, China, Southeast Asia, Japan to a smaller extent. it would be interesting to see how China stacks up to the US when they get rid of their peg.And those people are stupid. Asia is where America's competition is coming from."Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
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I wouldn't be too worried about Japan; their economy has too many of the same problems that are plaguing Europe. Of course, the rise of China may be enough to get them off their asses to make some serious reforms, so who knows?KH FOR OWNER!
ASHER FOR CEO!!
GUYNEMER FOR OT MOD!!!Comment
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Who's talking about standards of living? I'm talking about economic strength.
The latter is worthless unless it leads to the former.Only feebs vote.Comment
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Our economy is rapidly restructuring, moving into the areas in which we have a comparative advantage.His new books says America is facing stiffer and stiffer competition. And even better, get this: he says that globalisation isnt a 'race to the bottom' its a 'race to the top' and america is losing its competitive advantage.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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