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Technology Stocks : How high will Microsoft fly?
MSFT 472.22-1.3%Nov 21 9:30 AM EST

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To: John Chen who wrote (6624)5/7/1998 10:54:00 AM
From: Brian Malloy  Read Replies (1) of 74651
 
The problem is that governments tend to rather inept at picking winners and losers and determining what the demands and needs of a society are. I think you realize this as you point out in your post, moving to Peking is a BAD idea. Rich people do not survive under 'red-china', at least not the one I was familiar with.

State controlled economies stifle innovation, become corrupt, do not meet customer demand, lead to black markets and so forth and so on.
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