Tuesday, December 25, 2012

China Set To Surpass US In R&D Spending In 10 Years

Fantasizing, you say? Whatever. The fact is, the wealth of the world is being redistributed, and the US and EU are coming up losers. China is gaining. The real catch to all this redistribution is, the world's central banks are reaping the lion's share of the profits. For each ten dollars we lose, China gains a dollar, and the banks steal nine dollars.

But, the situation with the central banks don't affect the fact that China is ascending, while we descend.

China may be dependent on us today, but what hap

Source: http://rss.slashdot.org/~r/Slashdot/slashdotScience/~3/NyxwZW_sCe0/story01.htm

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