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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: russwinter who wrote (52739)2/5/2006 4:54:33 PM
From: GST   of 110194
 
Your underlying thesis is that China is corrupt at the highest levels of government. I would put it to you that the US is far more corrupt at the senior most levels and that most corruption in China is on the petty end of the spectrum. The conjecture that the rich in China got that way by milking government relations is simply not supported at all by the facts. You are making a ludicrous assumption given the data on who is rich and how they got that way in China. In the US, the behavior you describe is rampant. Perhaps you assume it is the same in China.
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