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subu76
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Quote subu76 Replybullet Posted: 28/Apr/2012 at 4:05pm
While it's true that India and China are doing relatively better small companies aren't exactly dead in USA. Atleast in Silicon Valley tonnes of companies are coming up every day (many headed by desis).
 
While it's true that jobs can go any where it's kind of hard for very high paying jobs in Finance and Technology to move abroad since India/China are simply not at the same level of evolved skill set or exposure.
 
I do agree with you about the truck driver part but my Understanding is that USA's economic dominance was built on softpower, technology and finance which still remains very much intact despite the economic bust.


Edited by subu76 - 28/Apr/2012 at 4:08pm
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LearningToFly
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Quote LearningToFly Replybullet Posted: 28/Apr/2012 at 7:27pm
It may take sometime for US to come out of uncertain time but the era of US dominance is over as China is getting increasingly aggressive in its stand on various issues.
Not only politics but China is there in sports, in movies, in infrastructure, in education, literacy, and in almost every parameter. What China currently lacks is innovation, R&D, and Skills. America is simply unmatchable. However, the gap will only reduce as we move forward.

Let's keep India out. The moment you include India, any sane discussion goes for a toss because of patriotic bias and people start discussing freedom, democracy etc. None of them have delivered anything substantial. We tend to overestimate India just because we are Indians.
Success... at all cost.
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manishdave
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Quote manishdave Replybullet Posted: 05/Mar/2013 at 9:50pm
Dow Hits All-Time High.
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TCSer
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Quote TCSer Replybullet Posted: 05/Mar/2013 at 1:12am
Excellent prescience Dave Ji.you hv a gift of explaining complicated things in a simple language n tremendous experience.
Please post your thoughts more often. It's a joy to go through them
Share market is nothing but a game of temperament. Success mantra Right Price,Right Business,Patience, Conviction .Do not do panic buying or selling.It may be the only profession where inactivity pays
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