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- KingKaivar commented Dec 30, 2012
I agree. Foreign investment > foreign aid. The latter just invites corruption.
- KingKaivar commented Dec 30, 2012
This is just a form of mercantilism. Basically taxpayers are subsidising their own economies. Kinda like chewing your own hand to make yourself work harder. Doesn't quite work. Foreign investment opens up new production at greater economic ...
- KingKaivar commented Dec 30, 2012
This is why the future lies in Asia, not Europe or the US. The tax rates in Asia are relatively low, and Asians aren't as reliant on hand-outs as Westerners. We will probably see a long-term talent drain from the West into Asia.
- Posts by Member Search: 'KingKaivar'