On Tue, Jan 29, 2013 at 8:46 PM, Eric Walker <[email protected]> wrote:
China appears to be pursuing a similar policy, and I suspect it will reap > similar rewards in the future. > I'm having fun trolling tonight, so I'll add one more fascinating thought -- the folks in China are hardworking and diligent, and despite the economic inequalities that are starting to appear and the various troubles that the government is currently facing, you can be assured that it will gradually work through any issues. And so it is progressing, year by year, its people working quietly and diligently, and before too long you will see that it will attain the level of development of Singapore. So at that point you will have a country the size of China, with roughly three times the population of the US, at the level of prosperity of Singapore. At such a time there will be sufficient tax revenue to build up and maintain a sizable fleet of aircraft carriers and project force across the Pacific rim. And unlike Singapore, China has a large army of young, restless soldiers eager to win glory for the motherland and willing to prove themselves in the field against any country they perceive, rightly or wrongly, to be overbearing. In this context a sound, practical, wholly un-ideological economic policy, which does not ask too many questions about whether something is "socialist" or "capitalist," will make all the difference in bringing this vision about. Eric
