U.S. Headed For Economic Disaster

Quote from zenith1107:

If this is what the average american silicon valley worker can come up with, then yeah they indeed need to be replaced.
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Oh, don't you worry. They are already. And - good luck with shorting FXI. By the way, appreciate a man with shopping bags stopping tanks approaching Tiananmen. That helped scores of Chinese to get greencards, may be you too.
 
Quote from zenith1107:

I, unfortunately, came from a Chinese university and I, fortunately, earned a PhD here in the US. The fact that so many Chinese students come here for PhD degrees does not mean the Chinese higher education system is good. It means the opposite. Original thinking is constantly suppressed in Chinese universities and most people became the Party's good sons and daughters. Those who are able to retain some of their creativity choose to leave the country, and when they come to the US, they shine. They started to create and produce quality research.

This exactly proves the point that a good political system and an open, transparent atmosphere is the key to sustained economic growth. Not high schoolers' math and science abilities.
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http://www.nytimes.com/2008/04/20/t...74f0cae666a95f&ei=5088&partner=rssnyt&emc=rss

"AT a time of economic belt-tightening, might cheap science from low-wage countries help keep American innovators humming?

Americans have long profited from low-cost manufactured goods, especially from Asia. The cost of those material “inputs” is now rising. But because of growing numbers of scientists in China, India and other lower-wage countries, “the cost of producing a new scientific discovery is dropping around the world,” says Christopher T. Hill, a professor of public policy and technology at George Mason University.

American innovators — with their world-class strengths in product design, marketing and finance — may have a historic opportunity to convert the scientific know-how from abroad into market gains and profits. Mr. Hill views the transition to “the postscientific society” as an unrecognized bonus for American creators of new products and services.
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Quote from dalengo:

http://www.nytimes.com/2008/04/20/t...74f0cae666a95f&ei=5088&partner=rssnyt&emc=rss

"AT a time of economic belt-tightening, might cheap science from low-wage countries help keep American innovators humming?

Americans have long profited from low-cost manufactured goods, especially from Asia. The cost of those material “inputs” is now rising. But because of growing numbers of scientists in China, India and other lower-wage countries, “the cost of producing a new scientific discovery is dropping around the world,” says Christopher T. Hill, a professor of public policy and technology at George Mason University.

American innovators — with their world-class strengths in product design, marketing and finance — may have a historic opportunity to convert the scientific know-how from abroad into market gains and profits. Mr. Hill views the transition to “the postscientific society” as an unrecognized bonus for American creators of new products and services.
..."
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And this is how they teach creativity in Texas::

Science 3 April 2009:
Vol. 324. no. 5923, p. 25
DOI: 10.1126/science.324.5923.25a


News of the Week
SCIENCE EDUCATION:
New Texas Standards Question Evolution, Fossil Record
Yudhijit Bhattacharjee

New science standards for Texas schools strike a major blow to the teaching of evolution, say scientists and educators who last week tried unsuccessfully to block the adoption of last-minute amendments aimed at providing an opening for the teaching of creationism.

http://www.sciencemag.org/cgi/content/summary/324/5923/25a

The creationists were "dogged," says Eugenie Scott of the National Center for Science Education in Oakland, California. "It was like you put the stake in the heart of the vampire and it comes back." Moderates on the board may have failed to recognize the final amendments as intelligent design talking points, she added, because they were focused on the "strengths and weaknesses" clause.
 
http://trendocracy.blogspot.com/2009/03/us-credit-rating-and-ponzi-portfolio.html

And, finally: concise exposition of US Ponzi Economy, AAA rating, Wall street and Congress at work

"What a cowinkidink that Hank Paulson’s Goldman Gangsters received $8.1 BILLION from the AIG money laundering operation. Want to prosecute him don’t you? It is too bad because he had a clause in the first TARP that basically gave him diplomatic immunity to steal from us, the taxpayers. The stupid idiots in Congress let him get away with it. Get your Pitchforks and Torches ready! What company makes pitchforks? That may be a good stock to buy soon!"
 
If you want an insite into the future of the West then look at California and are they in a mess !!

YIKES !!!!!!!!!!!!!!!!!!
 
I have spent much time in graduate school and the tech business. I hope people are smart enough to realize that stopping hoards of uneducated mexicans is a lot different than the educated people who come in the legal way. It's getting so bad in some areas that if the immigrants went home the tech nase would shut down. I've worked with a hell of a lot of Chinese, they are not inherently smarter, just willing to put in the time and effort. We need them.

Most american kids are like the above poster's kids. They don't want to put in the hard work of learning and the creative toil to develop new technology. They want to swoop in at the end of the day, take charge, and make money. It only works that way at the very top of very large companies, and then only for a very select few who are overachieving workaholics.
 
Quote from yip1997:

BTW I came from Hong Kong, but i know a lot of chinese from mainland. Most of them think they are the best, and china will lead the world in the coming decade.

You are the only one from china that trashed the chinese higher education system.
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make me the 2nd one then.

The system is the result of the social reality... imagine if China had only 300 million people, with vast resources, will parents still push kids so hard? Ask yourself, will you put your kids thru this HELL?

The reality is that all this 'high level of maths and science education' is the result of fierce competition, and therefore using this to extrapolate the title 'US. headed for Economic disaster' is pointless.

A side note on the political system.... looking at the thousands of years of Chinese history, the average population's prosperity or suffering all hinges on very few people who has the power, either the King, the Emperor, or today's equivalence.

Did China have good periods in its past history when it lead the world in technology and productivity? certainly, but there are just as many periods where the achivement of the past generation is completely destroyed by totalitarianism.

This is why China is at where it is after thousands of history, and it's still decades behind the American experiment that is only 250 years old.

To the point of a fellow poster, as long as the potical system does not change, the country, along with its 1.3 billion people, is always 1 heart beat away for repeating past disaster cycles.

China has had a good run in the past 3 decades, no doubt. But it's fragile, simply because of the social political reality. This reality has produced many malformed monsters, the education system is one of them.

So stop bragging about 'high level of maths and science', this is like slaves bragging how strong their muscles are from forced labor.
 
guys... did we forget the Jews?

Jews, more so than any other minority, ethnic or cultural group, have been recipients of the Nobel Prize.

If I ran a company, i'd hire Jews over Chinese/Japanese anyday (all other things being equal).
 
Quote from zenith1107:

I, unfortunately, came from a Chinese university and I, fortunately, earned a PhD here in the US. The fact that so many Chinese students come here for PhD degrees does not mean the Chinese higher education system is good. It means the opposite. Original thinking is constantly suppressed in Chinese universities and most people became the Party's good sons and daughters. Those who are able to retain some of their creativity choose to leave the country, and when they come to the US, they shine. They started to create and produce quality research.

This exactly proves the point that a good political system and an open, transparent atmosphere is the key to sustained economic growth. Not high schoolers' math and science abilities.
More...

When a chinese came here for Ph.D., it doesn't mean that the education system there is bad. It only means that those chinese wanted to earn more. Ask yourself. Your degree is a bridge for you to work in US.

Most Chinese come here to make money and not for political reason.

The Ph.D. program in US is better imo because of the funding and not because of the education system. It is very difficult to do scientific research without money.

Why is it so easy for Asians to get a Ph.D. in US? Because of their order following skills learned in China as suggested by another Chinese poster? Of course not. Because of its foundation in math and science. So having a good math background before college is very very important for the nation in order to compete in a global environment.
 
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