American Tech Innovation Has New Competitors

During the Industrial Revolution, manufacturing ignited in areas where proximity to transportation ports or natural resources were needed for industries to thrive.

Today, in the technology economy, advances and discoveries will emerge from start-ups in remote, obscure locales, as well as new tech centres worldwide.

This technology revolution sweeping the globe knows no geographic, economic, cultural or social boundaries. From the Bering Sea to sub-Saharan Africa, countries big and small are exploring, inventing and creating new technologies to fuel and shape the future’s tech-based economy.

This trend, now in an early stage but evolving rapidly, will rob America of its status as the start-up capital of the world.

With an even global playing field, sophisticated technology, once exclusively the property of large corporations, is now affordable and available to anybody.

Creative tech-savvy individuals and small companies virtually anywhere in the world, equipped only with smartphones, database access and desktop-publishing capability, can create, market and sell internationally.

In this new technology-driven global economy, the value of a company is based more on the innovations it brings to market, not its physical assets.

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In America’s and the Western Hemisphere’s merger/acquisition economy — driven by money-pumping schemes since ‘The Panic of 2008’ that injected countless trillions of dollars, yuan, euros, yen, pounds, etc., into financial sectors with quantitative easing and zero/low-interest-rate policies — Wall Street stands tall.

Main Street, weakened and demoralised, stands in the shadows. Rigged economies in the last near-decade killed capitalism and thus, small business.

The slow death of American entrepreneurism is well documented. A spate of studies during the last few years, especially the work of the Kauffman Foundation and Brookings Institution, has demonstrated that start-up businesses are fewer in number, and fail quicker.

That net loss of small businesses is an accelerating trend.

Moreover, this trend emerges at a time when the global economy will be transformed by a technological revolution unlike any other cultural and socioeconomic trend before it.

America’s traditional entrepreneurial start-up model is no longer on trend. From Silicon Valley to new, smaller tech centres emerging across the country, American technology now finds itself on an equal plane with the rest of the world…

If you know where to look, the opportunities to profit will be enormous.

Regards,

Gerald Celente,
For Markets and Money, Australia

PS: The small-cap space in the Aussie market is one sector where you could potentially find many of these exciting tech companies that will compete with Silicon Valley in the future.

The beauty of stocks like this is that you only need to speculate with a relatively small amount. If you back the right stock, you could make terrific gains.

If you back the wrong stock, well, at least you’ve only risked a small amount.

The upshot is, we agree that it’s a risky market right now. But don’t let that put you off making investments and speculations. Because, despite the risks, there are still a ton of great opportunities available out there for investors.

Publisher’s Note: Gerald Celente is founder and director of The Trends Research Institute, author of Trends 2000 and Trend Tracking (Warner Books), and publisher of The Trends Journal. He has been forecasting trends since 1980, and recently called ‘The Collapse of ’09.’

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Gerald Celente
Gerald Celente is founder and director of The Trends Research Institute, author of Trends 2000 and Trend Tracking (Warner Books), and publisher of The Trends Journal. He has been forecasting trends since 1980, and recently called “The Collapse of ’09.”

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