Why the US Will Continue to Lead the 21st Century?
Author
Guy Sorman
Date
2007-10-04
Views
9135
G.Sorman_WhyTheUSWillContinuetoLeadthe21stCentury1
Why the US Will Continue to Lead the 21st Century?
- Speaker: Guy Sorman, Leading French Writer and Columnist
- Date: October 4, 2007.
"The US economy has been the leading economy for more than one century now. Beacuse it is the land of 'destructive creation'. When the company doesn't work or isn't profitable anymore, it is destroyed and restructured. It is easy to get into business in the US, but also easy to go out of business. The bankruptcy law is the key element of flexibility of the US economy, and is a major instrument of the economic dynamism..."
Why the US Will Continue to Lead the 21st Century?
- Speaker: Guy Sorman, Leading French Writer and Columnist
- Date: October 4, 2007.
"The US economy has been the leading economy for more than one century now. Beacuse it is the land of 'destructive creation'. When the company doesn't work or isn't profitable anymore, it is destroyed and restructured. It is easy to get into business in the US, but also easy to go out of business. The bankruptcy law is the key element of flexibility of the US economy, and is a major instrument of the economic dynamism..."
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