Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (14343)	2/3/2002 6:39:13 PM
From: Ilaine	Read Replies (1) of 74559

Very interesting. I think it's fair to say that it's impossible to set up a system which gives people power and access to money without a certain percentage abusing it. Some places corruption is endemic, even expected. If you want to get things done, you have to pay bribes. My impression was that corruption was not uncommon in China. What you are saying suggests that being well-connected isn't going to make people look the other way. I wonder if we would have less corruption here if people were executed for it. Big disincentive.-g-

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