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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lokness who wrote (110416)4/7/2010 4:23:41 PM
From: koan  Read Replies (1) | Respond to of 116555
 
>>China is metamorphosing into a democracy quite fast as are all modern countries.

Might want to explain that to the communist leaders. Capitalistic, yes - but democracy?

Steve<<

Sure, it is starting at the local level. Hong Kong!

Can't be communist and capitalist, those are two different economic systems.

I think of China now as more of a capitalistic oligarchy