1st Entry:
On a secondary entry, today My host was able to get the latest news from the Motherland ( UK) by supplying me an E-copy of the Guardian. There is a very witty and informed young bard working there by the name of Mark Steyn, who opines on the state of global economics thusly:
It does an old man good to see the Yanks have done so well in spreading their concept of freedom though laissez faire capitalism…..the pragmatic sense of making the most number of your citizens prosperous as possible to avoid civil strife was not wasted on even the most dogmatic proponents of the errant ideals of that accursed Marx fellow. There is a lesson here for my fellow Colonists in the Canadas. As I understand, the last decade or so we have labored under a political regime that was not only corrupt and sapping the productivity of it’s citizens but also half hearted communists in their ideas of market control and corporate government cronyism ( as the old Russia and China were)Immediately after his retirement, the now forgotten Canadian
swinger Pierre Trudeau took his sons to Siberia because that was ‘where the future is being built’. Any future being built in the outlying parts of Russia belongs to Muslims and Chinese in need of Lebensraum, and drug cartels and terrorist networks eager to take advantage of remote areas in a state lacking sufficient reliable manpower to police its borders.That’s why, even as an unimaginative apparatchik pining for the old days, President Putin is nevertheless very cautious about offending the
Americans.
The Chinese must look at Russia’s diseased kleptocracy and think,‘There but for the grace of Whoever....’ So far, Beijing’s strategy of economic
liberalisation without political liberalisation is working out a lot better
than the Moscow model. Instead of all this guff about the blessings of
liberty, Deng Xiaoping cut to the chase and announced: ‘To get rich is
glorious.’ And, for city dwellers whose income increased 14-fold in the two decades after Deng told ’em to go for it, things have worked out swell.
I see this statistics for economic growth released today by a local bank:
Economic growth projections:
Canada: 1.4% to 1.7%
US: 3.8% to 4.4%
Europe: 1.6% to 1,9%
China: 12% to 14%
It seems to this observer there is a direct link between rejecting the corruption and bureaucratic tyranny of statist socialism and the prosperity level potential of a nation.
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