Group: alt.politics.economics
From: Immortalist
Date: Wednesday, August 29, 2007 9:19 PM
Subject: Re: Is The Cheap Chinese Yuan a Form of Dumping?

On Aug 28, 7:35 pm, darwinist wrote:
> On Aug 29, 4:18 am, Immortalist wrote:
> > On Aug 27, 6:20 pm, darwinist wrote:
>
>
> Interesting analogy. Care to speculate on the new niche(s) that
> America will fill?
>

Well, America was once the main supplier of about everything. But now
many nations have entered the competition, so whatever new niches
appear there will be increased competition for markets to sell in.
America will become just one competitor amoungst many, on an equal
footing, and have to learn not to act like it still supplies 90% of
everything, like it did after WWII.

The new niches will be in the combination of information technology
with biological technology. That is combining computers with cells
somehow. Many discoveries about how to control various aspects of
cells, by gene alteration of chemical gradients and all that.
Alternative energy technologies will probably proliferate. Actually it
is pretty easy to make a list of what is next, it won't be surprising
but maybe what we knew would be the next big thing will produce some
opportunities we didn't imagine. Of course there is always the "Santa
Claus" machines on the horizon which will make everything for barely
nothing and take the value out of most everything. Ways to imitate
scarce resources. I don't know what do you think will be the next big
things?