Word: america
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...even more compelling Kindle-based product that takes advantage of a larger display screen. And if the new Kindle supports variable fonts and renders grayscale photographs? So much the better for it and the rest of the newspapers of the world. (See the 10 most endangered newspapers in America...
...billion that Australia is spending on the NBN dwarfs the $7.2 billion earmarked in the U.S. stimulus package for broadband network construction. Budde says the administration of U.S. President Barack Obama is taking an "enormous interest" in the NBN initiative because it may hold lessons for America, where U.S. phone companies enjoy competitive advantages similar to Telstra's. "The warning signs are there for AT&T and Verizon," says Budde. "Things won't change overnight, but open networks are coming to America. If the stimulus package works I'm 100% sure they're not going to stop there...
...number of prominent American economists believe that the American economy has permanently lost its resilience and vitality. They believe that, for the first time in memory, America cannot rebuild itself after a severe economic cataclysm and that the business base of the country is not creative enough or elastic enough to come back to where it was just two years...
...industrial, financial, and retail jobs destroyed over the last three quarters cannot be recouped in the dozen quarters that lie immediately ahead, if Phelps view, which is a remarkably dark vision of America's future, is right. This desperate image of the national economic life assumes that the innovative power of American business cannot build another huge sector the way that it did in the 1970s with the rise of the great technology companies like Microsoft (MSFT), Intel (INTC), and Cisco (CSCO), and twenty years later Google (GOOG) and the second reincarnation of Apple (AAPL), which was built on nothing...
...corollary of the thesis that America has exhausted its ability to create employment even though the population in the country is no longer growing rapidly is that any expansion in innovation or increased industrial activity will happen somewhere else. That place or those places have already been identified as India, China, and the other vibrant economies of southern Asia and Latin America. The case in their favor is simple. They have cheap labor. But, cheap labor is itself exhaustible. China has created a middle class, and so has India. The people in those middle classes will expect to be paid...