Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (29284)	2/27/2003 9:26:20 PM
From: Maurice Winn	Read Replies (1) of 74559

<I don't think this Democratic proposal of adopting a minimum wage internationally will work. > Yiwu, neither do I. What a crazy idea. Regarding India, if they ever decide to ditch Karl Marx they could advance in the same way that Singapore, South Korea, Japan, Taiwan and now China have done. They could do much better if they would really turn people loose and get the kleptocracy off their backs. Unfortunately, kleptocratic bossy britches only get meaning from life when they are bossing other people and taking their property, so there's not a lot of hope. But as Indians look around and wonder why they are sitting in poverty while hordes of people around the world do well, they might figure out that it wasn't the British that made them poor - it's themselves voting to stay poor. They now have China across the border as an example of how well a big country can do in a short time. Mqurice

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