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by sho
6195 days ago
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Unfortunately this strategy does not have the potency it once did. The two largest possible sources of talent for the US, India and China, have rapidly growing economies and plenty of opportunity. I don't know all that much about India but if you're smart and "hungry" in China there is a ton of opportunity. Why on earth would you go to the US? Same, to a lesser degree perhaps, for Brazil et al. I suppose the attractiveness of migration to the USA remains high in ex-communist states, the middle east, Africa, etc, so it's certainly possible they could make up the numbers, but the days of automatically assuming Chinese and Indians dream of building their companies in the USA are over, IMO. |
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There are various reasons. I'm sure others will mention the obvious political and government things. I'll risk the ensuing flame war and suggest that the lifestyle in America is better. My roommate's girlfriend is from a small town in mainland China, and by small town she means 1 million people. Her parents live in a 2 room apartment in one of those gigantic concrete high-rise complexes. In order to escape that sort of lifestyle you actually do have to be the cream of the crop entrepreneurial engineer with the blessing of the government. Even then, when you succeed you're just living in the same type of city, but maybe in a nicer apartment.
In contrast my parents are from a small town in the USA and they have a big house and 3 cars and play golf every thursday morning and have 4 kids and a bunch of nice stuff and can afford to travel to hawaii, or arizona, or montana, or wherever. And they are just normal, average people who didn't even start their own multi million dollar business with the blessing of the government.
There are definitely people who prefer the bustle of the city and for whom work and achievement trumps all else, including creature comforts. But for people who are into the 2nd type of lifestyle I've described, there's only a few places in the world where it's relatively easy to achieve: the USA, Canada and Australia. Correct me if I'm wrong, but from what I know about China, I don't believe that sort of lifestyle is possible for anyone.