Why an economic crisis is inevitable. - page 22

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Vitaly Muzichenko:

So?

Look at the standard of living in Israel and India, well, compare.

China, Japan, South Korea, Germany, Russia. Rank the countries where resident patent protection prevails. In other words, these countries don't protect the patent internationally, they just do.

 
Nikolai Semko:

And as for independence, all I can say is that Russia has never been as dependent on the rest of the world as it is now.

+++

 
Maxim Romanov:
Just try to promote something new in Russia, some technology, or get money for research, and you will immediately see why there are 16 times as many patents in the US... I tried it. There are just more people in India)

Here I agree.

 
Maxim Romanov:

The winter analogy keeps coming to mind. We know it is coming and we know when, because the earth is spinning steadily. But the temperature is very unstable. We cannot tell what the temperature will be on this or that day or this winter. Or can we? But we do know that the annual average temperature in a particular area is fairly stable, but it's floating a bit, but the annual average temperature across the planet is even more stable. So knowing the annual average temperature for the planet and the specific area, plus the temperatures for each day of the last year, can't we calculate what tomorrow will be?

And the temperature doesn't just hold steady. It's held because of the steady inflow of energy and then the redistribution of that energy. I think a similar process takes place in economics. There is a stable (conditionally stable) inflow of energy (money emission) and then redistribution.

It is not easy for meteorologists, yes. It is easier for traders, all they need to know is that "winter is coming" to make some money :)

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