There are so many different and even opposing theories, regarding national wealth generation. In this article we are not going to fall into controversy of who says what and who is right and who is wrong. We will just combine different ideas, in a way that makes sense and sounds and looks practical in contemporary world and current circumstances. If we combine different factors, considered necessary for wealth generation proposed by different authors, thinkers, philosophers, economists and financial experts, the list comes out to be like this: 1. Creativity 2. Innovation 3. Intelligence 4. Labor 5. Capital 6. Money 7. Markets 8. Liquidity 9. Investment 10. Adaptability 11. Competition 12. Freedom 13. Trade 14. Access 15. Regulation 16. Taxation 17. Credit 18. Buying Power 19. Employment Regardless of who says, which factor is important and which one is not, and which one is more important and which one is less, common sense says that any policies or economic environment providing a good balance of all these factors, will be good for wealth generation and any policies or economic environment lacking a good balance of these factors will not be good for wealth generation and growth. A good point to start and expand this conversation would be, why United States and Europe, the former leaders in economic growth were now in recession and why China, India and Brazil are now the world leaders in economic growth? Some people will say, well their labor is cheap. So, the products and services are cheap. But labor in these countries is not cheaper then most parts of Africa. If this argument is true then Africa should have greatest growth rates in the world. Germany still has pretty good economic numbers. Their labor is not cheap. So, what is the real cause? We became the world leaders in less then two hundred years and world’s oldest civilizations and countries just watched us overtaking them one after the other. How and why did we do it in the past. For this we need to have a look at the seventeenth century world. That world was dominated by colonial powers like Britain, France, Spain, Portugal and Dutch. These imperial powers were only interested in continuation of their domination and occupation. They were continuously fighting with each other for existing and new territories. They hardly did anything major for the real social and economic welfare and growth of their colonies. Rather then that, they wanted to make sure the colonies remain significantly weak and dependent, and never gain enough power and wealth to become a challenge for them. Their own citizens were increasingly interested in exploiting the colonies and colonized citizens to make easy money, rather then to be really productive. This brought the whole world economy to a strong hold, in which most people, particularly the really gifted and smart ones, hardly found any room to breath. United States was the first one to revolt against this tyranny, while the other colonized nations watched America with hope. The hope that Americans may succeed against these powerful nations and become an example for the other suppressed ones. People here in United States, fought, and fought real hard. One advantage, United States had over other colonized countries was that it was a newly discovered land. Most people here were immigrants from the colonizing countries, themselves. So, although the war for independence, was still very hard, long and brutal, British could not execute many of the harsh policies, they implemented in other colonies. Reason? Most revolutionaries had roots, relatives, friends, former neighbors and co-workers back in Europe, including England. They could not be over ruled, right away, like the people in many other colonies, who were mostly ‘other’ people. Nevertheless, Americans fought very hard and made immense sacrifices. They finally won and defeated a power that was probably the world’s biggest power at that time. This suddenly created a land of brave and free, in a mostly colonized world. People from all over the world, and specially from Europe, now, can find a place to breath. A new land, that for the first time in human history, was offering vastly open, leveled fields. America became “the place” for highly creative, innovative, intelligent and hard working entrepreneurs from all over the world. And they did do the wonders. This brand new ingenious engine of growth soon left everyone behind. America became an ideal and dream place for billions around the world. Unfortunately, just like the many other great civilizations in history, we were not able too sustain that great state of affairs for a long period of time. Just like many other fallen civilizations, this land of opportunity, soon lost it’s unique, open and competitive fields. Fresh, free and highly energetic society got deeply infested with vested interests. A new class of elites evolved which was made up of corporations and media, as opposed to feudal lords in traditional societies. These new elites posses much more global power and are far more brutal and heartless. Universities, that used to be the independent hubs of creation and innovation, became just another business, and the factories and assembly lines for cheap corporate employees. Money, capital and credit started to flow to already rich corporations and individuals, instead of the creative, hardworking entrepreneurs. Result? Just twenty years ago, it was unimaginable that China, India, Brazil and Russia will way surpass United States in their growth rates. This is happening, right now. While we were in recession (going back) these economies were registering record growth rates. China’s reserves have now surpassed trillion dollar mark and it is, the money supplier to whole world, including us. Who imagined even twenty years ago that we will borrow billions of dollars from China. In China and India, and even in Brazil, the education is free. You don’t have to worry about, how you are going to pay for your education. All you have to worry about is to end up at the top of merit list and you are in there. Boom. All paid for. Result? No talent goes wasted and these graduates of nationalized educational institutions are proving to be the killers in global competition. Same is the case with capital, finance, loans and credit. You don’t have to be rich to get money for your start-up or business. All you need to show is that you have a viable idea and you are the person who can do it. Like it used to be in good old America. Got an idea? Why can’t we compete with them? The excuse that their cost is less, is just as lame as anything. The truth is that corporate owned politicians and media don’t want to let us realize the real reasons. They want to keep you in dark. Open up your eyes and be realistic. I hope and wish it is still not too late.
Anywhere Shop
Hey there! Interesting article! I’m a regular website visitor (somewhat more like addict :P) on your website though I had a difficulty. I’m just in no way for sure if its the right place to question, but you’ve got no spam comments. I get comments every single day. Will you assist me? I praise you!
Hey! Incredible piece of writing! I’m also a usual website visitor (somewhat more like addict :P) of the website yet I had a question. I’m just far from being absolutely certain whether its the right site to question, but there are no spam comments. I receive comments very often. Will you assist me? I am grateful!
Obama is victorious. The usa loses.
IMO fb has to deal with their data transfer prior to anything at all else
Weapon advertising costs are up for the main reason that owned by the obama threaten, however that it can be over rifle fees have reduced. He’s having said that brought up the HAZMAT cost on all brought ammunition by like 50%. I don’t forget the day time lake area M855 was $5 a 20rd box. Now it is as much as all-around $12.
i wanna meet pit
Thanks for the writeup. I definitely agree with what you are saying. I have been talking about this subject a lot lately with my brother so hopefully this will get him to see my point of view. Fingers crossed!
Hello! Perfect post! But the cool webpage is always loading rather sluggishly.
Hey there, I want to ask you some thing. Is this site a wordpress blog site? We’re thinking of changing my website from Blogger to wordpress, do you think that is probable? Additionally did you create the following template yourself some how? Cheers for the assistance!
Hey there! Nice stuff, do keep me posted when you publish again something similar!
Awesome looking website. I recently built mine and I was looking for some design ideas and you gave me a few. Can I ask you whether you developed the website by youself?
I’m sure soon after myspace obtains the tempo problem fixed it’ll be a quite fine provider.
By considerably the worst us president actually.
obama go F on your own stop sucking the liberty we now have quit out individuals
Whats up! Superb posting! I’m also a frequent website visitor (very much like addict :P) of the website but yet I had a query. I’m not likely confident whether its the right place to ask, but you have no spam comments. I get comments very often. Will you assist me? Thanks for your insight!
There usually are not many web sites with information <a href=”http://genfxscams.com/what-are-the-important-roles-that-human-growth-hormone-plays-within-the-body”>human growth hormone pills like this man! Bookmarked!
Thank you so much with regard to giving everyone an update on this topic on your website. Please be aware that if a new post appears or in the event that any improvements occur on the current publication, I would be considering reading a lot more and finding out how to make good usage of those methods you talk about. Thanks for your efforts and consideration of other folks by making this blog available.
Hi! Wonderful stuff, please do tell us when you finally post something like that!
What I find difficult is to find a weblog that may seize me for a minute but your blog is different. Bravo.
Hello! Amazing blog post! I have been a regular website visitor (a bit more like addict :P) of the website but I had a challenge. I’m so definitely not absoluterly certain whether its the right site to question, but you’ve got no spam comments. I receive comments often. Could you assist me? Gives thanks!
I see something really special in this site.
I’m having a small annoyance. I cannot subscribe to your rss feed for some reason. I’m using google reader by the way.
I agree with most of your points, but a few need to be discussed further, I will hold a small talk with my partners and maybe I will look for you some suggestion soon.
yeah bookmaking this wasn’t a bad conclusion great post! .
Howdy! Brilliant posting! I have been a usual visitor to your site (far like addict :P) to your website truthfully I had a difficulty. I’m just in no way for sure whether its the right web site to ask, but you have no spam comments. I receive comments day by day. Could you assist me? Many thanks!
Hey! Impressive piece of writing! I have been a daily visitor (even more like addict :P) to your website even though I had a issue. I’m possibly not absoluetly certain whether its the right web site to question, but you have no spam comments. I receive comments everyday. May you help me? I praise you!
Hello there! Nice post! Please do keep us posted when we could see a follow up!
Hi there, I wanted to ask you one thing. Is this site a wordpress web page? I’m planning on switching our web page from Blogger to wordpress, do you think that is feasible? In addition did you design this unique template yourself some how? Many thanks for the assistance!
Hello there! Cool post! Please do inform us when I could see a follow up!
I am not capable of view this <a href=”http://www.wholefoodsupplementsonline.com/nourishing-hand-body-lotion.php”>smoothe skin website correctly on opera I think there is a drawback
Paul 2012
Hi my friend! I wish to say that this post is amazing, nice written and include approximately all significant infos. I’d like to see more posts like this .
Hiya, I am really glad I’ve found this information. Today bloggers publish just about gossips and internet and this is actually irritating. A good blog with interesting content, this is what I need. Thank you for keeping this web-site, I will be visiting it. Do you do newsletters? Cant find it.
Good web site! I truly love how it is simple on my eyes and the data are well written. I am wondering how I could be notified whenever a new post has been made. I have subscribed to your RSS feed which must do the trick! Have a great day!
This thought is for everyone who wrote stuff on this site. The information that has been posted here was pretty fabulous! There was so much information and inspiration, both of which we all need! . It is nice to know that all the information I need is right in front of me. I can’t tell you how much I, for one appreciate all you do! http://clearogenreview.com/is-clearogen-an-acne-solution-treatment
I needed to write you that tiny word to thank you as before with the great information you have provided above. This is quite incredibly open-handed with people like you to deliver unreservedly precisely what some people might have offered for sale for an e-book to generate some bucks for their own end, even more so now that you might have done it in the event you wanted. The suggestions as well acted to become a great way to comprehend other individuals have the same passion really like mine to see more when it comes to this problem. I believe there are millions of more fun situations in the future for individuals that examine your blog.
Take out OBAMA!!??!!!
Whats up! Fabulous weblog! I am just a regular visitor to your site (a bit more like addict :P) of your website though I had a question. I am only not certain if its the right place to question, but there are no spam comments. I get comments almost daily. Can you assist me? Thanks a lot!
Hey there! Wonderful content! Now i’m a regular visitor (alot more like addict :P) of the website nevertheless I had a concern. I am only certainly not sure whether it is the right web site to question, but you’ve got no spam comments. I receive comments on a regular basis. Are able to you help me? : )!
Hello! Perfect post! But the cool website is still loading sluggishly.
Heya, I needed to ask you one thing. Is this a wordpress web site? My organization is thinking about transferring my blog page from Blogger to wordpress, you think this can be feasible? In addition did you produce the following theme by yourself some how? Many thanks for the assistance!
Thank you for the sensible critique. Me and my neighbor were just preparing to do some research about this. We got a grab a book from our area library but I think I learned more clear from this post. I am very glad to see such excellent info being shared freely out there.
I foresee some form of revolution if this retains up, perhaps not really a violent 1, but some variety of extraordinary change.
Hello! Magnificent content! I am a daily visitor to your site (far like addict :P) of the website although I had a difficulty. I’m definitely not totally sure whether its the right web site to question, but you have no spam comments. I get comments on a regular basis. May you assist me? Appreciate it!
Hello! Good post! Please do inform us when all can see a follow up!
Hey! Superb weblog! I’m also a frequent visitor (even more like addict :P) of the website though I had a concern. I’m just certainly not pretty sure whether its the right web site to ask, but you have no spam comments. I receive comments day by day. Will you help me? Thanks a lot!
Hi! Nice stuff, please do tell us when you post something similar!
I LOVE twitter!!
It’s perfect time to make some plans for the future and it’s time to be happy. I have read this post and if I could I want to suggest you few interesting things or suggestions. Maybe you can write next articles referring to this article. I want to read more things about it!
Yo! Stunning piece of writing! I have been a daily visitor to your site (much more like addict :P) of the website but also I had a concern. I am not for sure if its the right web site to ask, but you have no spam comments. I receive comments every day. Are able to you assist me? : )!
Hi! Cool post! I have been a regular website visitor (a bit more like addict :P) of the website truthfully I had a challenge. I am just not really absoluetly certain if its the right web site to question, but you have no spam comments. I get comments day by day. Will you assist me? Many thanks!
Every once in awhile, I critically just ponder, how do folks be so ignorant? You’ll discover children at my university who’re my political and clever then a idiotic grown ups who voted for him and worship him? This gentleman is corrupting The united states. I usually hope I really could progress to ANY state besides this dump!
I gotta bookmark this site it seems very helpful .
It’s hard to seek out educated folks on this matter, however you sound like you already know what you’re speaking about! Thanks
52. Hello my loved one! I wish to say that this article is awesome, great written and come with approximately all significant infos. I would like to see more posts like this .
Hello! Extremely good post! I have been a daily visitor (even more like addict :P) to your website but yet I had a is sue. I am not at all confident if its the right place to question, but there are no spam comments. I receive comments every day. Are able to you help me? Cheers!
Hello.This article was extremely fascinating, especially since I was looking for thoughts on this topic last Thursday.
Thank you for your website post. Jones and I are actually saving for just a new ebook on this theme and your article has made us to save our money. Your ideas really answered all our concerns. In fact, in excess of what we had thought of in advance of the time we came across your wonderful blog. My partner and i no longer have doubts as well as a troubled mind because you clearly attended to our needs in this post. Thanks
There is obviously a lot to know about this. I believe you made various nice points in features also.
Hi! Nice stuff, please tell me when you publish again something similar!
50. Thanks , I have just been looking for info approximately this topic for a long time and yours is the greatest I’ve came upon so far. However, what concerning the bottom line? Are you certain in regards to the supply?
Hello there! Great post! But the site is loading incredibly slowly.
Hey! Wonderful stuff, do tell us when you publish again something like that!
I wish to point out my admiration for your kind-heartedness supporting visitors who actually need help with this area of interest. Your special commitment to getting the message all through has been exceptionally effective and have really helped women just like me to reach their goals. Your useful advice indicates much a person like me and further more to my fellow workers. Thanks a lot; from each one of us.
Hello there! Wonderful content! I am a regular visitor (even more like addict :P) on your website yet I had a issue. I’m not necessarily quite certain that whether its the right site to question, but you have no spam comments. I receive comments constantly. Are able to you help me? I am grateful!
No way can this jerk get elected for the distinct 4 many several years.
Hey there! Wonderful article! Now i’m a usual visitor (a lot more like addict :P) of this website sadly I had a query. I am just definitely not absolutely certain whether it is the right web site to ask, but there are no spam comments. I get comments very often. Would you help me? I praise you!
Hey! Great post! Please when I shall see a follow up!
In it something is. Many thanks for the information, now I will not commit such error.
Hey, don’t you pattern facebook or twitter themes by any probability? I need to have a custom made a person completed up.
Obama are going to be the initial 1 time period prez we’ve previously in a lengthy time.
Thanks for sharing.
Many thanks for being my own mentor on this theme. My partner and i enjoyed the article quite definitely and most of all cherished how you really handled the aspect I widely known as controversial. You are always really kind to readers much like me and assist me to in my living. Thank you.
Hey there! Nice post! Please tell us when all will see a follow up!
I precisely wished to thank you so much again. I’m not certain what I would’ve made to happen without these tricks documented by you directly on my topic. Completely was a very troublesome concern for me personally, nevertheless viewing this professional avenue you managed the issue made me to jump with delight. I am happy for the support and sincerely hope you find out what an amazing job you are always carrying out training other individuals through your webblog. Most likely you’ve never got to know all of us.
My fathers a tiny organization proprietor. Now he’ll Must provide you with health care to any or all or his personnel. Gratify Usa I’m delivering a distressed call up. My pops came up to the present coun attempt without occupation, 1 toddler, and $7.00. He labored decades obtaining the eco-friendly card and after this this? How about the Constitution. Within the Constitution it mentioned we really are a Republic along with the Federal government shall only tip the army and people points. NOT MY Men Business enterprise!!!! Also, inside constitution it mentioned absolutely nothing about a democracy. We are certainly not a democracy in any way. We really are a Republic nevertheless they say we really are a legislative democracy. Truly The states. As soon as we ended up highly effective now appearance at us! Make sure you The usa. We’re sacrificing God,we’re shedding liberty, we have been dropping The united states! Satisfy check out my website. Turn out to be a representative! Aid multiply the term! Backup and history this to fb. Make sure you The usa!
Hello! Wonderful stuff, do inform us when you publish again something similar!
Someone essentially lend a hand to make seriously posts I would state. This is the first time I frequented your website page and thus far? I surprised with the analysis you made to make this actual post incredible. Excellent task!
is it true he is dating Kim?
What i do not realize is actually how you are not really much more well-liked than you might be right now. You’re so intelligent. You realize thus significantly relating to this subject, made me personally consider it from so many varied angles. Its like women and men aren’t fascinated unless it is one thing to do with Lady gaga! Your own stuffs great. Always maintain it up!
I believe you have mentioned some very interesting points , thanks for the post.
Just added this blog to my favorites. I enjoy reading your blogs and hope you keep them coming!
KKLA Sports Apparel Co., Inc was established in 2000 in ZeJiang, China. Now it has 12 branch companies around China. We are a worldwide wholesaler of Sports Apparel (Icehockey Jersey,Soccer Jersey,baseball Jersey,Football Jersey,Basketball Jersey). Our company consists of design, develop, produce, sale and service. Now we have more than 6 professional factories for our own products. Professional QC for professional products and service.You can mix MLB NFL NBA NHL Jerseysdifferent styles and sizes. And there is no mini order for you, Lowest price and Best service. Let’s be friends and business partner. Don’t hesitate to contact with us if you need anytime. We can supply those all NFL MLB NHL NBA Soccer Teams,such as NFL Teams: Arizona Cardinals Jersey , Chicago Bears Jersey , Detroit Lions Jersey , Indianapolis Colts Jersey , Minnesota Vikings Jersey , New York Jets Jersey , Pittsburgh Steelers Jersey ,San Francisco 49ers Jersey , Tennessee Titans Jersey ,NHL Teams : Atlanta Thrashers Jersey , Chicago Blackhawks Jersey ,Columbus Blue Jackets Jersey , Hartford Whalers Jersey ,Minnesota Wild Jersey , Ottawa Senators Jersey , Phoenix Coyotes Jersey , San Jose Sharks Jersey , Toronto Maple Leafs Jersey , NBA Teams: Chicago Bulls Jersey, Detroit Pistons Jersey , Memphis Grizzlies Jersey , New Orleans Hornets Jersey, Oklahoma City Thunder Jersey , Sacramento Kings Jersey, Seattle Sonics Jersey ,Washington Wizards Jersey ,MLB Teams: Boston RedSox Jersey, Cincinnati Reds Jersey , Florida Marlins Jersey ,Los Angeles Angels of Anaheim Jersey , Philadelphia Phillies Jersey, San Diego Padres Jersey, Texas Rangers Jersey, Washington Nationals Jersey,Soccer Teams: Arsenal Jersey , Inter Milan Jersey ,Lyon Jersey , Chile Jersey, Italy Jersey,Mexico Jersey and so on
I’m having a small problem. I cannot subscribe to your rss feed for some reason. I’m using google reader by the way.
I just couldn’t depart your website prior to suggesting that I extremely enjoyed the standard information a person provide for your visitors? Is going to be back often to check up on new posts
This is really interesting, You’re a very skilled blogger. I’ve joined your feed and look forward to seeking more of your excellent post. Also, I’ve shared your website in my social networks!
There are usually not many web sites with data <a href=”http://www.naturally-beautiful-enhancements.com/CLINICAL-TEST-full-potential-natural-breast-enhancements-bust-enlargement-enhancer-enlarger.php”>exercise for breast enlargement like this man! Bookmarked!
You’re not going to believe this but I have wasted all day looking for some articles about this
There are some fascinating points in time in this article but I don’t know if I see all of them center to heart. There’s some validity but I will take hold opinion until I look into it further. Good article , thanks and we would like more! Added to FeedBurner as properly
wohh exactly what I was looking for, thanks for putting up.
NOBama!
I respect your piece of work, thanks for all the informative content .
I believe Ron Paul is better than Obama in 2012 so we will surely have authentic adjust.
Thanks so much regarding giving me an update on this matter on your web site. Please understand that if a brand-new post appears or in the event that any adjustments occur on the current write-up, I would want to consider reading more and finding out how to make good use of those techniques you write about. Thanks for your time and consideration of other people by making this blog available.
I simply couldn’t leave your site prior to suggesting that I really loved the standard info a person supply in your visitors? Is gonna be back frequently in order to check out new posts
Placed this consummate shill out with regards to the suppress for tomorrows trash.
you have brought up a very wonderful details , thanks for the post.
Hiya! Fantastic blog! I happen to be a daily visitor to your site (somewhat more like addict 😛 ) of this website. Just wanted to say I appreciate your blogs and am looking forward for more!
I wanted to follow up and let you know how really I cherished discovering your website today. I would consider it a honor to operate at my office and be able to utilize the tips discussed on your web site and also engage in visitors’ opinions like this. Should a position connected with guest publisher become available at your end, make sure you let me know.