you are comparing apples with oranges Bhola. US has been independent for 300 years and they have been isolated by a big pond so they escaped the devastating consequences of world war II in europe. They were just lucky that at the time of their development Europe was totally devastated. Cutting edge , latest edge etc is all because of the base they have built up. But dont worry rest of the world especially Asia will catch up soon, anyhow US is against lot of biotechnology etc because of creationist crap. Nobel laureates etc is good but you should start comparing from last 5 years onwards. Anyhow dudes like Warren Buffett are dumping US stocks and buying up Asian stocks and dumping dollars and buying up remnibi etc, cause he knows better than you and me and I would rather follow him. Nothing comes from west except US of course nowadays, all white westerners are lazy coz they have lot of money and dont want to work hard(with some exceptions of course).