by katkinkate » Fri 01 Aug 2008, 05:23:21
$this->bbcode_second_pass_quote('GASMON', 'W')ell, oil is running expensive. The dollar is nearly done. Were all sub-prime, nearly out of work, BUT we westerners (Europeans & Americans) have one asset remaining, that the rest of the world has very little of, and that is our INVENTIVE INTUITION.
The Chinese can copy and manufacture, but they have little modern inventiveness. Indians are good doctors & mathematicians, good at IT, but they haven't invented much either.
Put it another way, I could list many, many British, French, German & American's who's inventions have shaped the world.
Can't think of many Chinese (gunpowder !!), or Indians. No Africans or South Americans either. Australians & Canadians ? - Bound to be some, just can't name em at the moment.
Now will this intuition be of help in the difficult years ahead. ?? Will it be this asset that saves us ?. (NOT thinking on cornucopian lines).
Gasmon
Give them time. They're all just coming out of an extended period of poverty and colonial oppression. The next big surge of inventiveness will come from China, SE Asia and India. Lots of people, improving education, increasing standard of living all contribute to providing the tools and the time to invent. That is unless peak oil destroys the surge before it can really get going.