Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: brian h who wrote (63311)	5/4/2005 5:59:38 PM
From: Maurice Winn	Read Replies (1) of 74559

Brianh, I think TJ is right and Hong Kong will retain its place. It's the abstract things which are truly valuable these days and huge geopolitical hegemony has had its day. Devolution into letting a thousand flowers bloom and having black and white cats running around is the way to find out what works. The USSR tried the centrally planned Kremlin method and it didn't work. Repression and poverty were the result. The capitalist maelstrom with millions of eddies and vortices in turbulent flow way above the human Reynolds Number is the way to find the best way. Hong Kong is still, despite China's attempts at suffocation, top of the list of free places with protected property rights, contract law and civilisation. As MSFT shows, there's more to be made in abstract things than lumps of metal being bashed into objects. Mqurice

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