The Asian Invasion

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netskeptic 12/5/2012 | 12:33:36 AM

re: The Asian Invasion > Manufacturing is already in Asia. Soon all
> software and hardware development will be done
> in asia. People from China and Hong kong are
> very educated and smart and can do everything
> very efficient.

There is a tiny little problem there - they have a real trouble figuring out what to do. I do not beleive that they will be able to improve in this area as long as Asian economies are export oriented.

I would also suppose that the combination of way overvalued dollar with way undervalued yuan significantly skews the yardstick used to measure effectiveness, so some people are getting wrong ideas about the real meaning of this word.

Thanks,

Netskeptic

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BlueFox 12/5/2012 | 12:33:35 AM

re: The Asian Invasion Americans don't work hard as the asians.

Some do, some don't. However, only "The Stupid People" of any ethnicity spend all their time working. There is more to life than work.

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melao 12/5/2012 | 12:33:29 AM

re: The Asian Invasion "Manufacturing is already in Asia. Soon all software and hardware development will be done in asia. People from China and Hong kong are very educated and smart and can do everything very efficient. Americans don't work hard as the asians."

Are you an Asian version of HaveyMudd ?

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Doom 12/5/2012 | 12:33:24 AM

re: The Asian Invasion All the chinese people I know are brillant.
Hey, they work in high tech as I do.

Not many of them would like to go back. Chinese companies don't pay well and here in North America, the life is somehow better.

I don't believe everything is going to Asia.

Most of the commoditized products will come from Asia but the leading edge products will be created from here, where most of the brains of this world want to live.

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shadowandlight 12/5/2012 | 12:33:21 AM

re: The Asian Invasion More off topic...

I think it's a little naive to think that the reason for putting someone in orbit is a "society" thing. If you can put a person into a big metal tube, shoot them into space, and bring them back with relative accuracy then guess what? You can also do the same exact thing with any weapon you choose. Going into space isn't altruistic, it's military.

--Shadow

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brahmos 12/5/2012 | 12:33:11 AM

re: The Asian Invasion ties in with the fears expressed about SS:

http://in.news.yahoo.com/03022...

excerpt:
He said there would be "significant effects" from a rapidly aging population on
government finances.

"In particular, it makes our Social Security and Medicare programs unsustainable in the
long run, short of a major increase in immigration rates, a dramatic acceleration in
productivity growth well beyond historical experience, a significant increase in the age
of eligibility for benefits or the use of general revenues to fund benefits," the Fed chief
said.

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calpole 12/5/2012 | 12:33:07 AM

re: The Asian Invasion Don't worry too much for Asia..In no times soon
it will be able to match USA..

1. Infrastructure and population problem
2. General honesty level
3. VC attitude(Asians are careful investors)
4. Business Ethics
5. Political/Ethnic problem

China in future will be able to overcome it because it is free from religious people..

India will not..because it is full of religious
people...

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Fortunecookie 12/5/2012 | 12:32:58 AM

re: The Asian Invasion <1. Infrastructure and population problem
This indeed is a big problem.

<2. General honesty level
Thought this was true before I heard Enron, Worldcom, Qwest, Xerox, (The list can go on and on) scandals. I definitely do not trust most executives in most Corportae Americans, let alone wall street crooks.

<3. VC attitude(Asians are careful investors)
Is this good or bad? Apparently Asia does not suffer post bubble pain as much as the U.S. do.

<4. Business Ethics
Asia has lots of hard and dedicated work bees.

<5. Political/Ethnic problem
I would agree with you if I was in my first 3 years in the U.S.. However, after I come to the US for so long, I start to doubt it. Politics in the U.S. might just be as ugly.

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HeavyDuty 12/5/2012 | 12:32:34 AM

re: The Asian Invasion << I'm moving back to Hongkong when the startup I work for(Shittacom) folds. ie, soon. >>

Have a safe trip.

We'll probably see you again when we shake off the latest doldrums; ask the Japanese.

You'll get some interesting, rarely pleasant, reminders that Hong Kong's back in the control of the "Peoples Republic" of China; enjoy!

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HeavyDuty 12/5/2012 | 12:32:32 AM

re: The Asian Invasion << 2. General honesty level
Thought this was true before I heard Enron, Worldcom, Qwest, Xerox, (The list can go on and on) scandals. I definitely do not trust most executives in most Corportae Americans, let alone wall street crooks. >>

Greed and ethics problems are universal, but the reference is most probably to China's traditional lack of respect for intellectual, copy protected and patented material/property.

<< Asia does not suffer post bubble pain as much as the U.S. do. >>

See Japan. The rest of Asia needs an economy sufficiently large (per capita) for a bubble to develop first.

<< <4. Business Ethics
Asia has lots of hard and dedicated work bees. >>

Clean miss! See top o'post.

<< Politics in the U.S. might just be as ugly. >>

Sometimes it might seem so, but you live on this side of the water. Why?

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