Talents or changing fortunes?
Harvard, Stanford, MIT, Princeton, Yales, Bill Gates, Warren Buffett, Steve Jobs and all the eminent academics and intellectuals and financial gurus, are what America is famous for. It is a land of talents and world best institutions nurturing more best brains for the country and the world. What people did not want to see or acknowledge is that America is turning into a huge Titanic waiting to be sunk. America is now running in trillions of debt which it believes confidently that it could pay now or later. And it is still spending daily in the billions on wild hunting adventures in the Middle East and military excursions in the high seas, thinking that it is an Empire ruling the world and it needs to be in every corner of the world, with its soldiers and guns guarding the interests of the Empire. It took America more than 200 years of uninterrupted development and growth to reach this peak of achievements. And it took America the last thirty years to become the most corrupt nation in the world, with corruption concealed under a veil of respectability and legal framework. It is all legal, when all the 'knows who' have their hands in the cookie jar, and taking whatever they deemed fit, under the spotlight, and smiling to the banks. From Congressmen, bankers and CEOs, all are in for the quick bucks, grabbing everything they can that are within their control. Overseas they are sending our their armies of hedge funds to suck away the liquidity in foreign markets using technologies and the heavy hands of big bucks. They steam rolled the stockmarkets of the world to fill their pockets with instant millions and billions. In short, America’s brilliant minds are focussed on making instant billions for themselves at the risk of bankrupting America and countries that naively welcomed them and their system of operations with open arms. On the other hand, China is guarded and is carefully guarding what it has built up over the last 30 years. No, they will not blindly let in the Americans to mess up their economies and financial system. In the last 30 years, unknown peasant leaders from unknown universities that were partially ruined during the years of revolution have turned around a poverty stricken agriculture economy to compete with America for world supremacy. They are now number two, coming from nowhere. Until recently, what is Beida, Tsinghua, Jiaotong, Zhejiang, Nanjing, names of universities that were not even ranked, and could never smell the prestige of the Ivy League universities in America and their strings of Nobel Laurette and prominent thinkers and professionals. But the products of these universities, many still unknown, are now running a tight ship and running at good speed to challenge America as an economic power. While America is in debt of several trillions, China has surplus in its reserves of several trillions. Is it talents or fortune changing, or winds of change, that a country blessed with all the finest talents and a system of education that is churning out the best brains for tomorrow, is running aground or out of steam, while a third world country, rising from the ashes, with little known universities and talented individuals is giving it a run for its money? Are the Chinese more talented than the Americans or does China have more talents than the America? The answer is an obvious no. It must be fortune smiling on them. When fortune favours, even a beggar can become a king. When fortune smiles, whatever touched will be turned to gold. When fortune frowns upon the best, no matter how well conceived are the plans, no matter how talented are the executors, they will failed. Pundits are expecting China to overtake America in the near future. Could it really happen with America hoarding an abundance of talents and resources and a superior infrastructure in all areas, except finance and govt? One is infested with crooks and another with dunces. Will fortune smile for China and imbue it with more talents? So far none can be spoken of as talent in the American sense. The only Chinese talent is probably in America, in Yahoo.