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Politics : New FADG.

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To: Lazarus_Long who wrote (16)	5/13/2007 7:58:39 PM
From: Hawkmoon	Read Replies (2) of 4152

Lazurus, The chart tells a striking story: the countries that are economically and politically free are underperforming the countries that are economically but not politically free. For example, unfree China had a growth rate of 9.5 percent from 2001 to 2005. But China was not the whole story—Malaysia’s GDP grew 9.5 percent from 1991 to 1995, Singapore’s GDP grew 6.4 percent from 1996 to 2000, and Russia’s grew 6.1 percent from 2001 to 2005. What the author FAILS to mention is that the world's largest economies are ALL democratic. And he fails to mention that each of those examples he mentions DEPENDS upon the markets of those democratic economies to sustain their own economic boom. China and Malaysia depend upon the American, Japanese, as well as European, economies to purchase their products, while Russia depends upon Europe. Should any of those economies suffer a major recession, you'd quickly see each of those three mention economies plunge into depression. And the fact that the larger economies are slowing in growth should be a warning to those exporting countries that the party won't last forever. Hawk

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