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The heads of leading American universities say that if they selected applicants based on grades alone, their student bodies would be 100 percent Asian.
Paul Achleitner
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Paul Achleitner
Age: 68
Born: 1956
Born: September 28
Bank Manager
Business Consultant
Entrepreneur
University Teacher
FRG
Paul Michael Achleitner
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Asia has an army of low-wage laborers to thank for its economic boom.
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Since loans are getting more expensive and there's less money available, we're seeing a commensurate decline in growth. Higher costs and lower growth, in turn, translate into lower profits. Figuratively speaking, in the future, we won't be able to run as far or jump as high as we used to.
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The problem with our Blackberry society is that hardly anyone has time anymore to have an unhurried discussion about the long-term developments that will change our lives.
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