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View Diary: The secret of the so-called "skills gap" (191 comments)

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  •  Depending on who you believe, that may come (4+ / 0-)

    sooner than you think:

    At the moment, the international system is built on three pillars: the United States, Europe and China. ...
    The fundamental problem facing the world is that two of these three pillars are facing existential crises, while the third, the United States, is robust only by comparison. ... China, dependent on exports to maintain its economy, is confronting the fact that many of its products are no longer competitive in the international market because of rising costs of labor and land. The result is increasing tension within the ruling Communist Party over the direction it should take.

    ... we think the European and Chinese crises are insoluble ... not that Europe or China will disappear into a black hole but that each will change its behavior substantially. ... China will continue to be a major economic power, but its term as the leading growth engine in the world will end, causing institutional crises. Again, these powers will not fall off the map, but they will radically change their behaviors and expectations.

    Source

    We must drive the special interests out of politics.… There can be no effective control of corporations while their political activity remains. To put an end to it will neither be a short not an easy task, but it can be done. -- Teddy Roosevelt

    by NoMoJoe on Mon Nov 26, 2012 at 09:39:32 AM PST

    [ Parent ]

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