“And President Obama said…”
Mexico is planning to restructure its oil industry.
America is seeking oil independence
China is shifting from coal o oil
OPEC will need o review protecting future revenue
Emerging nations have growing energy needs.
China has been making economic and diplomatic overtures to Africa and expanding its global
diplomatic and economic initiatives. And remember this: it was not too long ago that President
Obama pointed to China and said, “That used to be us.”
If The President meant China is becoming more successful, he was right. However, if he meant
China is embracing a paradigm that we have long ago abandoned, he is offering great insight
into the future—one that we had better heed. To understand why, we must look at “American
From the death of President Lincoln to the death of President Kennedy, American
Exceptionalism arose from three areas: Our blessings, our workers, our iron-fisted empire
builders. What we have witnessed since, is the dissolution of America from the death of
Kennedy forward. Technology and innovation and entrepreneurs cannot reverse the trend until
America puts Americans back to work. Here is a brief and focused look at American business,
commerce, and industrial exceptionalism:
Edison: The light bulb.
Edison: The movie camera
Edison: The phonograph
Edison: The electric car.
The Wright Brothers: The aeroplane.
Steve Jobs: The personal computer.
Samuel Morse: The telegraph.
Henry Ford: The assembly line.
Then we have:
And, of course
FARMERS: NO FARMERS, NO FOOD.
The US is the world’s largest economy. China is the world’s fastest growing economy.
“China will succeed because China will do as we did, not as we say.” The Quotations of Slim
A metaphor to explain what we are doing is this simple:
Remember the old canard about the man banging his head against the wall. When asked why
he does it, he replies, “Because it feels good when I stop.
From this we learn two things:
1. That it will feel good when he stops.
2. That he will stop.
We no longer recognize that paradigm in the US. What we are doing is banging out heads
against the wall embracing the belief that eventually it will feel good to bang our heads against
China is embracing a new paradigm. China is no longer looking inward. China is looking
outward. And, China was never a colonial power. And, the rest of the world is tired of doing
business with people who look like us. What do we look like? Rich! For example, from the
song: spacious skies, amber waves of grain, purple mountains majesty above the fruited plains.
China will do as we did and not as we say. And therein lies the secret to China’s success.
Global Management: A shift in the paradigm of corporate America
The Future of the G 20 in Good Times and Bad
Emerging Nations Economic Union.