• The Joy of Tax Havens

    From Lars Poulsen@21:1/5 to rbowman on Sun Dec 29 00:53:14 2024
    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.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to Lars Poulsen on Sun Dec 29 12:36:03 2024
    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.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)