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    Author Topic: Economic Devastation  (Read 504858 times)
    B.A.S.
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    March 01, 2015, 05:39:45 PM
     #721

    That's the ticket:

    Do we (the US) scale back our innovative/entrepreneurial spirit in favor of restructuring the broken (or soon to be) architecture of America and returning to the fundamentals?

    OR-

    Ramp it up even more, riding the tidal wave all the way to the shore where we enviably crash into the beach suffering an economic depression as great as the 1930s or worse?

    Huh?

    Why do you equate our innovation with what is broken?

    Now I think I am reading you are one of those guys who thinks technology and "complexity" are the problem and life would be great if we all returned to the Amish Paradise.

    Technology is certainly not the problem. After all, I am involved in BTC. The US has high entrepreneurial rewards for those willing to try. The problem is the demand for our entrepreneurial spirit (i.e. most other nations don't care or don't have the fiscal capacity to care).

    What's broken is the outlet for our innovations. There is nobody to sell it to because all the US does is innovate; we don't produce it. Take Apple for instance... Designed in California; made in China.

    The US needs to start caring about itself instead of others. IMO, innovation in the US is made to export, not the reverse.
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