Quote from T_Geithner:
advancements (note; no serious breakthroughs) in IT within the last two decades helped speed the transfer of knowledge and information from one nation to another, you can rest assured that it not only did not give developed countries a competitive edge but was of more benefit to developing countries than to developed countries
for instance, I have seen developing countries that have a far superior online banking system than that of any US bank, we are in the 21st century and yet money transfers take 3 days to clear in america, in most other countries there is no delay, this is only one example ... it is because of paranoia and stupidity that governments come up with policies that paralyze their systems
there is no evidence to support that statement, that is merely a wish, a dream, a hope, the type Obama gives you, unlike what Disney has taught you; all dreams don't come to life, most of the time humans take their dreams with them to their graves