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Old November 8th, 2012, 09:05 PM   #51

rehabnonono's Avatar
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I was just making the point that over twenty years ago we were sure that China was going capitalist and that we could show them the way... seems they had a form of "State" Capitalism in mind and now they are some of the largest businesses in the world. Perhaps America can learn from these guys when it comes to making a success out of state run businesses. In fact some of the most successful countries in the world have large State owned businesses and mixed economies. Australia's CSIRO (owns the patients on WiFi), Norway's largest oil company Statoil (67% government owned) Japan Post (one of the Worlds largest companies)... maybe the US should look at investing in a few big business and make a little money for a change.
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