Has Asia Made the U.S. Look Like a Third World Country? (Plus Decoupling Revisited)

An article titled “how Asia makes the U.S. look like a third world country?” briefly talks about how Asia has been good at implementing new technology and ideas although it didn’t invent it with interesting pictures of a few examples.

As always, the Westerners’ comments are interesting too.

Having lived and worked in both Korea and the U.S., plus amazing at how the U.S. is falling apart (or about to do so), I’ve felt that Americans don’t seem to have appreciated what they have (their resources, wealth, technology, political system and liberty, etc.)

Whether the Asian economy has been decoupling (or would be) from that of the U.S. is a complex issue since so many factors are involved and interwoven. Yes, Japan has screwed up big time while other Asian countries are faring O.K. Perhaps the Smart Money may believe it can exploit the better opportunity in Asia. Yet, the Chinese leading the pack seems to be fully aware of the game the Westerners have been engaged in and prepared not to be plied. Plus, are the Chinese up for the democratic progress with the expanded middle class? We shall see.

http://www.businessinsider.com/why-asia-makes-the-west-look-like-the-stone-age-2009-12#comment-4b264f9f00000000000e394e