[read the short summary of the conception]
Advanced technologies today that used to be produced by developed countries can be produced by developing countries in lower price. Perhaps, this is the fundamental cause of today economic recession.
I just thinking, when low price products from China began to penetrate developed countries markets, people could save more money. Then they began to consider buying new home, new cars and other luxury product. Then the credit loan becomes attractive product.
More credits make the demand of Chinese products increase and decrease for the developed countries products. The decrease of local product demand causes lower income for developed countries. The credit loan then become a bubble that explode become financial crisis.
Financial crisis had triggering industries of developed countries to shut down due to lack of financial support to compete with ‘made in China’. This is continued with the explosion of unemployment.
If the technology is the fundamental cause, therefore developed countries need a new generation of technology, not just an innovation but a breakthrough.
An innovation is finding a new connection in the same frame of reference. A breakthrough is finding a new connection in different frame of reference.
This blog offer a new frame of reference to ‘see’ our fundamental physic, to find a new connection that we’ve never seen before. So there are possibilities to build a new generation of technology, such as possibility to manipulate space-time function to design flying car.
That is why I promote this blog in today economic recession.
And honestly, yes, the bottom line is about money.
New Generation of Technology for recession.
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