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"Like two ships passing in the dark. Communist China becoming more free and the Most of the West becoming less so."

Interesting sentiment... China definitely believes in the benefits of free markets and the study of economics, but they will always retain a heavy hand in the market - they still have fixed currency exchange rates, economic growth still depends a lot more on the whims of the government, and of course they have no qualms about heavy-handed solutions to problems - such as visa restrictions in Macau, driving restrictions in Beijing, and the economic shutdowns for the Olympics.
I hope the West doesn't turn too far away from capitalism, but politically we're still a long way from the market controls of the 1970's (though thats arguable with the much heavier regulatory control of today).
Perhaps you're right though... scary thought. At least I have almost no direct US stock exposure.

-John T
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