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Saturday, January 1, 2011

Why the West Is Losing to China & India

Why the West Is Losing to China & India

Joel Kotkin, Forbes
AP Photo
The last 10 years have been the worst for Western civilization since the 1930s. At the onset of the new millennium North America, Europe and Oceania stood at the cutting edge of the future, with new technologies and a lion’s share of the world’s GDP.  At its end, most of these economies limped, while economic power – and all the influence it can buy politically – had shifted to China, India and other developing countries.
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