excellent question, faced with 50% taxes choices normally unattractive will be considered. I would say Canada and Australia, will be in a lot less of a mess than the US and EU.
The future of the United States includes...
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excellent question, faced with 50% taxes choices normally unattractive will be considered. I would say Canada and Australia, will be in a lot less of a mess than the US and EU.
Whites will become a minority in Australia too, there is a rapidly growing asian population. Canada will have plenty of non-whites as well. If the US is finished so are Australia and Canada, the two "dominion" status commonwealths were formerly militarily protected by the British empire pre-WW2 and by the US and NATO post-WW2.
ROTFLMAO!!!! You're kidding, right? The scoring for the "International Innovation Index" includes subjective opinions of things like government and fiscal policy... but even with that, you neglected to mention that the U.S. ranked #2 in the large country rankings.
Anyway, Singapore ranked #1 on the measure you chose. Now let's see where the U.S. and Singapore stand with respect to patents according to the World Intellectual Property Organization... not even close. So so much for your silly argument.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2500156>
None of the things you mentioned are great innovations and many are offshoots of or were made possible by U.S. technology. So tell us, where would the world be now had American companies like these never invented anything: Apple, Cisco, Google, HP, Intel, IBM, Microsoft, Oracle, Qualcomm, Texas Instruments, etc.? U.S. companies like these still collectively dominate technology, not the companies you mentioned.
LOL. Who the hell are YOU trying to kid?
Anyway, Singapore ranked #1 on the measure you chose. Now let's see where the U.S. and Singapore stand with respect to patents according to the World Intellectual Property Organization... not even close. So so much for your silly argument.
<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=2500156>
None of the things you mentioned are great innovations and many are offshoots of or were made possible by U.S. technology. So tell us, where would the world be now had American companies like these never invented anything: Apple, Cisco, Google, HP, Intel, IBM, Microsoft, Oracle, Qualcomm, Texas Instruments, etc.? U.S. companies like these still collectively dominate technology, not the companies you mentioned.
LOL. Who the hell are YOU trying to kid?
But if measured in "units" of output, not necessarily correct.
The US's output includes a large labor component at what, $20+/hour? In low labor cost countries, the labor component might be <$1/hr.
Bottom Line.... because of the discrepancy of "labor cost component" of GDP, we actually don't know where America ranks.
Could be that China is already #1.
to me that is a huge plus.
Yeah, nothing like gook chicks...
Apple revenue 32 billion
Microsoft revenue 60 billion
Cisco revenue 40 billion
hp revenue 118 billion
intel revenue 37.5 billion
google revenue 22 billion
oracle revenue 23.5 billion
qualcomm revenue 11 billion
TI revenue 12.5 billion
Sony revenue 79 billion
lg revenue 104 billion
phillips revenue 52 billion
fujitsu revenue 53 billion
samsung electronics revenue 103 billion
nec revenue 42 billion
Nokia revenue 70 billion
It is comparable. You are clearly delusional.
Show me proof of the "offshoots", we can go back all the way to Mesopatamian inventions/discoveries if you want to talk about offshoots.
The international innovation index is just one index, according to your own graph there are many non-US patents.
The US economy is 70% consumption, I want you to declare with a straight face that the dollar will be safe and sound and that business will be normal in the US the day dollar is declared to not be the reserve currency.
Forget about bubble economics, at the end of the day the purchasing power of Americans and their ability to consume depends upon the dollar and foreigners' ability to use their forex reserve to buy US dollars and debt.
The pound sterling lost its reserve currency status too, there is the parallel with Britain.
It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on credit.
Suddenly, a rich tourist comes to town.
He enters the only hotel, lays a 100 dollar bill on the reception counter, and goes to inspect the rooms upstairs in order to pick one.
The hotel proprietor takes the 100 dollar bill and runs to pay his debt to the butcher.
The Butcher takes the 100 dollar bill and runs to pay his debt to the pig grower.
The pig grower takes the 100 dollar bill and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 dollar bill and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit.
The hooker runs to the hotel, and pays off her debt with the 100 dollar bill to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.
The hotel proprietor then lays the 100 dollar bill back on the counter so that the rich tourist will not suspect anything.
At that moment, the rich tourist comes down after inspecting the rooms and takes his 100 dollar bill after saying that he did not like any of the rooms and leaves town.
No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism.
And that, ladies and gentlemen, is how the United States Government is doing business.
Suddenly, a rich tourist comes to town.
He enters the only hotel, lays a 100 dollar bill on the reception counter, and goes to inspect the rooms upstairs in order to pick one.
The hotel proprietor takes the 100 dollar bill and runs to pay his debt to the butcher.
The Butcher takes the 100 dollar bill and runs to pay his debt to the pig grower.
The pig grower takes the 100 dollar bill and runs to pay his debt to the supplier of his feed and fuel.
The supplier of feed and fuel takes the 100 dollar bill and runs to pay his debt to the town's prostitute that in these hard times, gave her "services" on credit.
The hooker runs to the hotel, and pays off her debt with the 100 dollar bill to the hotel proprietor to pay for the rooms that she rented when she brought her clients there.
The hotel proprietor then lays the 100 dollar bill back on the counter so that the rich tourist will not suspect anything.
At that moment, the rich tourist comes down after inspecting the rooms and takes his 100 dollar bill after saying that he did not like any of the rooms and leaves town.
No one earned anything. However, the whole town is now without debt, and looks to the future with a lot of optimism.
And that, ladies and gentlemen, is how the United States Government is doing business.
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