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January 25, 2009

Comments

Fred

There are many exciting new technologies on the horizon (no iphone is not one of them !!). The crash of 08 is the failure of financial market in the area of securitization and derivatives (all innovations based on bad assumptions). It was a bubble burst just like the dot com bubble. Yes, it would take a long time to recover, however I do not think it is lack of innovation or too much debt. The economy will cool down for the next couple of years and it will regain its strength due to population growth in the thrid world countries, continously efficiency improvement in IT and biomedical-engineering which leads to longer and healthier life of the developed world population. A new break through in propultion technology is needed to project human beyond the Earth. A new energy generation based on fusion would completely eliminate the dependency of fossil fuel. Genetic research will develop real "cure" for cancer and cardiovescular diseases.. It is not going to be done in a few year, but decades of hardworks.. No the future is very very bright if we learn to survive the hard time :)

Tze-Chien Chu

Well,All these "Good Stuff" have been heard for too long.
From my experience those "new technology" with loud noise. Always lead us to no where. All the Big event come from "No where". So ...

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