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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Cogito Ergo Sum who wrote (40309)10/27/2003 10:26:33 PM
From: elmatador  Read Replies (1) of 74559
 
Surrender? yes! <<share the wealth>>? No! No one shares any wealth. Sharing wealth smells like communism doesn't it!
Please, no talk about anyone sharing anything. I heard that my whole life: Yes, you recall, donors, foreign aid, volunteer work, and other crap.
The world doesn't need any sharing. The world needs free trade and opening markets for competition.

Sharing wealth is like subsidies to dying industries and to agriculture, which is: taking money form productive sectors in the economy and handing it out to unproductive sectors to the detriment of efficient producers elsewhere.

No. No sharing. The money has to fly out the economies that have capital and no economic activity to the economies without capital and lots of economic activities, subject to market forces only.

Like to India, China, Brazil, Thailand, Russia...
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