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CambridgeCambridgeshireUnited-kingdomLondonCity-ofDenmarkTorontoOntarioCanadaUnited-statesAmericanDanishcompletely unacceptable and unjustifiable. but there s a fundamental issue here. if you re going to prepare for what s the biggest change that s going to happen in the next ten years? the biggest change is going to be the rise of these massive consumer markets in asia. a billion new consumers, twice the size of the american consumer market. you re going to get into these markets. america, britain, europe. so can you afford to cut back on education? can you afford to cut back on technology? can you afford to cut back on science? no. if you re going to win in these markets and sell goods that are technology driven and have got the high skill content that we can uniquely produce, how can you afford a cutback in education? so that s the fundamental division of opinion in britain at the moment. yet, you have to have a deficit reduction plan. but does it make any sense to cut back on your skilled workforces and any sense to cut back on science and technology? and in america, if you re goin
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Consumers
Consumer-markets-in-asia
Rise
Unjustifiable
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America