The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: glenn_a who wrote (834)	9/19/2003 7:32:27 AM
From: russwinter	Read Replies (1) of 110194

I have a very bright son studying Intl Relations, and has spent time in places like South Africa and Malaysia. What you've written is his view, so I've heard it a lot, as he preaches like his dad. I used to pooh pooh it, but have had considerable change of heart. I've told him to let me know next time there is an important "WTO riot", as I'd like to participate. <developed countries decide that they no longer wish to send cheap raw materials to developed countries for inflated US$, and began to apply very high tax rates to profits made from raw material extraction and export, and reinvest that capital in the primary interests of the peoples of their nations, rather than primarily for the benefit of local elites and developed nation.> Economic substitution? This makes sense as a objective, but is there demand and a market in these countries for the products? Taxation in third world countries is nearly impossible, because of informal economies. Organized capital and property rights are critical. Read some of Hernan DeSoto's books (especially Mystery of Capital and The Other Path). amazon.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next