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Technology Stocks : Cisco Systems, Inc. (CSCO)

CSCO 75.19

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3:59 PM EST

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To: willcousa who wrote (64412)	8/25/2003 6:51:53 PM
From: RetiredNow	Read Replies (2) of 77400

Exactly. I left that unsaid, but ultimately, military might usually follows economic might. In a gradual buildup of economic might, governments tend to become fairly peaceful and tend towards democracy. However, in rapid acquisition of wealth, governments tend to be ruled by tyrants and autocrats who hold on to all the wealth. In addition, they tend to be threats to their neighbors due to their inherent instability. Take one look at the Middle East, which was marked by a rapid acquisition of wealth without the development of the governmental maturity to be able to handle it. It's very similar to young Hollywood stars and athletes who wake up one day millionaires and then implode from their own lack of immaturatiy and inability to handle the attendant responsibility. I'm fervently hoping that doesn't happen to China, because the world will be in a hell of a lot of danger. Let's hope that the current generation inherits a democratic and peaceful China, because as U.S. supremacy wanes, I'm pretty sure China will be the next ascendand country. Also, don't be surprised if we see it within the next 30-40 years...

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