What does this mean?
What does this mean?
The opportunity is there, its just USA was supposed to use the reserve currency status to invest domestically in its own people. Instead USA made a business out of education (private schools and elite colleges).
This creates a situation where only high value jobs are feasible in the USA, but the education to do these high value jobs is too expensive. Now you have to import foreign talent, as well as goods, and this leads to erosion of the country.
China on the other hand, invested in its own people and developed industries domestically, rather than importing talent
> how come immigrants from Haiti/other 3rd world countries come to the poorest rural towns in USA and make it work, while US citizens drown in drugs and crime?
Any source(s) on this? First I'm hearing of this correlation.