Re: The Joy of Tax Havens

On Sun, 29 Dec 2024, Lars Poulsen wrote:

On 2024-12-28, rbowman <bowman@montana.com> wrote:

It helps if you don't have anything anybody wants and they can't find you
on a map. Being a tax haven that attracts corporate headquarters isn't
something you can conquer.

>
In fact, the conquest is likely to kill the goos that lays the golden
eggs. China is busy turning the prosperous Hong Kong into another
Shanghai instead of the other Singapore.
>

This is the truth! But I think it is, in chinas case, about the mindset of the authoritarian. They couldn't care less about golden eggs as long as they get to keep the power.
Chinas relatively free market was a forced response, since the party realized they would have a small revolution on their hands, if they banned free markets. In that way, chinas authoritarians are smart. They look at what works and what doesn't and adapt to keep their power.