Synchro... **Off Topic***
Touche'
You stated your point of view. I admire that. I would agree
that HK is very close to a true laissez-faire economic system.
(I don't remember if the Laissez-faire concept was Hobbes, Locke
or Rousseau's. Perhaps none of them. Political theorists would
not be a topic I would want to see pop up in a game of Jeopardy.)
By treaty, HK is guaranteed its' economic independence for another
50 years, I believe. I regularly read the HK Standard & the South
China Morning Post internet editions. Many times both papers and/or
editorials have taken political leaders to task over policy. Granted,
the critisism has been confined to specific economic policy and not
to political ideology. It is because of that freedom that I continue
to invest in HK.
Regarding being selfish, even dogs (which I think are wonderful), are
by nature selfish, as am I . It seems to be a common trait amongst mammals. I have only one of my three dogs that I have been able to teach to "share". But, the dog doesn't own any stock, and isn't
responsible for a family. <g> (I pray you are an American. GOD only
knows what "dog" means in China.)
AS you may know, China recently introduced the concept of individual land ownership. I about fell out of my chair when I read that in the
entire history of China all x,000 years, there had never before been
a "home loan" made. Last I read it was a pilot program in 3-5 cities. Who knows, some day we actually see the equivalent of
"Beijing Ginnie Maes" offered in the market.
Regards,
Doug |
