SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (67586)10/27/2010 4:58:15 PM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 220132
 
ElM, keep in mind that unless the values are actually applied, they are not there. NZ is now a bludger society. VVV have been abandoned. We have been going downhill for decades as a result. There is no bottom, as Zimbabwe and Rwanda show. To the extent that VVV are maintained, countries do well.

<If the values were that good why they got independent? >

Independence was largely taken because Great Britain gave up the empire as not being such a great deal and the local power brokers did what megalomaniacs do = seize the opportunity for self-aggrandisement. The gullible local yokels fell for the line, much to their later regret though they largely don't understand the reason for their downfalls.

Idi Amin could do what he wanted once he was top dog.

Great Britain itself gave up VVV and ended up with The British Disease, steadily sliding downhill and it's now a pale shadow of its former glory. Marxist mores were adopted en masse. Strikes and huge taxes enervated the producers. Spivs, bludgers, criminals and kleptocrats had a field day.

Meanwhile, the Asians, having waded in muck for a century, decided that some VVV were a good idea. As a result, Japan, Hong Kong, Singapore, South Korea, Taiwan and now China made enormous gains [and that was with only a dose of VVV, not the whole deal].

Mqurice