Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 (79209)	9/7/2011 3:40:09 PM
From: Maurice Winn	1 Recommendation Read Replies (2) \| Respond to of 217791

ElM, your "capital hogging" theory is unclear to me. Capitalists invest where they think they can get the best return. When China was Mao's Maelstrom, capitalists could not invest there, so people there lived in poverty. Same in India when there were black hole border controls, corruption and rampant socialism with massive bureaucracy, so that any capital that entered couldn't leave and was soon destroyed. New Zealanders in the 1970s were not allowed to export capital - we were financial prisoners allowed a little spending money if we dared go overseas. When China's bosses opened the borders a little, Made in China goods could be sold overseas and money could flow into China at the official exchange rate. It is even possible to invest in a limited way in China these days. So China has boomed. I have some capital. I invest where I think it's a good idea. What do I do to "hog" my capital? I guess your theory means lots of people in a country do whatever it is you mean, or are forced to do so by their government [like NZ did in the 1970s]. Can you please explain exactly what you mean by "hogging capital"? As far as I can tell, you simply mean there are exchange controls and money flow laws stopping people moving money to where they want to. Mqurice