To: george76
The free market has ups and downs, subject to the whims of the marketplace.
Hong Kong is a little island state, previously British, now Chinese. They have no oil, mines, or timber. Yet they have a thriving economy. Why?
18 posted on
02/08/2016 11:19:17 PM PST by
SpaceBar
To: SpaceBar
Free enterprise, lower government regulations / overhead, etc.
19 posted on
02/08/2016 11:21:05 PM PST by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: SpaceBar
Hong Kong is a little island state, previously British, now Chinese. They have no oil, mines, or timber. Yet they have a thriving economy. Why?Raw capitalism.
To: SpaceBar
Socialism? Where’s my free prize?
25 posted on
02/08/2016 11:31:56 PM PST by
Paladin2
(w)
To: SpaceBar
banking or they serve as a shipping point for international trade or both.
28 posted on
02/08/2016 11:56:34 PM PST by
txnativegop
(Tired of liberals, even a few in my own family.)
To: SpaceBar
Hong Kong has some of the lowest cooperate income tax in the world, also a flat low personal income tax, and low or no capital gains tax, it is little wonder why their economy is going strong.
64 posted on
02/09/2016 7:24:28 PM PST by
JD_UTDallas
("Veni Vidi Vici")
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