Friday, October 16, 2009

One falls after another.

One big American company produces poor results after another. No longer can they produce the same earnings as before, instead the competition from China and India becomes better and better. With Chinese and Indian companies getting hand on experience in addition with, that their governments are pouring gazillions of dollars into their educational program to give their students a better chance of making it in the world, the Chindian companies can only get better and better.

Unlike that of the American policy of constantly cutting back in public schools to cut taxes the Chindian governments understand that not everyone with talent is necessarily born into a rich family.

It is my opinion that within a few decades almost all US companies will be out competed by their Chindian rivals who will be able to make better and cheaper products.

But that is just my two cents.

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