IanMacQuaide
Registered: Mar 2007
Posts: 1872 |
09-07-09 08:53 PM
Quote from RiceRocket:
He makes some great arguments. But he fails to account for the great flexibility of the American economic system, and flexible labor markets. Typically in these downturns, the seeds are sown for startups that create the next wave of innovation. Another technological revolution in the US would attract foreign capital again, and all these scenarios would be moot.
I'm hoping for that soon. Maybe in energy technology.
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