Quote:
VKSF said:
To be utterly simplistic, have no worries re: present/future US economy as long as smartest&hungriest kids from places like IITs in India want/are able to come to Stanford for grad school in CompSci and can aspire to be founders of future Microsofts/Oracles/Googles/Yahoos, etc (ironically, a billionaire who's one of smartest guys in SilicVy is a German immigrant who came to US for grad school@ Stanford, was a co-founder of Sun and was a major early Google investor) and smartest&hungriest kids from places like Ohio want/are able to go to places like Wharton undergrad and can realistically aspire to be founders of major hedge funds by their 30's ......




The thing is that all these capable Chinese and Indian people start to develop a preference to return to their home country sooner or later... Naturally, this trend will gain momentum as the wealth of their home country increases.