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November 24th, 2009
The present government's $10 trillion debt will be a drain on our future economy, and irrational beliefs will persist. I suspect we'll still have horoscopes in the newspaper.
But we will face these challenges with new tools like quantum computing and nanotechnology.
Technological advances will bring with them increased prosperity. With poverty on the decline, the desperate fanaticism of wahabiism will fade much like the Crusade-fueled Christian fundamentalism of ages past.
If trends continue, barriers to international trade will fall, and the entire world will be united in the expanding free market.
War will still be a threat, but the civilization-destroying conflicts that swiftly snuff out tens of millions of souls will become nothing more than a traumatic memory.
If China attacked us now, they would be assaulting their No. 1 customer and debilitating their No. 1 debtor.
International trade will not only continue to enrich us all but also bring us together in the creative challenge of free enterprise.
A hundred years from now, the world will look different. This is a good thing.
The past is dead. Long live the future.
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