Argiod
20th July 2007 - 04:58 AM
http://www.physorg.com/news104083395.html Let"s see; do we spend our money on food... or high tech...? If the "poorer" countries are supposed to "catch up" with the rest of the world, where are they supposed to get the money, and the motivation? If you can barely keep yourself and your family fed, clothed and housed... how are you supposed to spend money on technology? It"s like asking that scruffy little kid from the other side of the tracks that he needs to go to college. Great idea; but, who"s footing the bill?
Quatermass
23rd July 2007 - 07:02 PM
No one is asking poor people in the third world to become Einsteins. In India, people are desperate to learn so they can improve themselves, unlike Africa where many people just fight to survive. By 2100, India will be a world leader while African nations will be begging money from them.
El_Machinae
24th July 2007 - 09:06 PM
Often the initial money will be due to a company coming in with higher-tech equipment looking for a labour pool. As soon as the employees are paid enough, they can start saving and investing in more sophisticated tools.
As well, charity should work on helping out too. Getting some charity dollars together to ship out equipment (and offer training) can create economic feedback loops. And, like all investments, the earlier the money is put in, the greater the benefit.
mathnerd56
27th July 2007 - 06:37 PM
I also heard that India will become superpower in like 20 years. Isn't that kind of true? And also India and China will be tough competetors, since they are mostly well educated countries. In my opinion, either China or India will be superpowers in the next 50 years.
DiamondJim
29th July 2007 - 10:38 AM
It is hard to believe that the Italians and Greeks once ruled much of the world as did the Spaniards and more recently hard to believe that the British did so. America has squandered much of it's wealth and lived too long on national debt. No doubt the world order will change later this century.