Saturday, April 28, 2007

A billion angry stockholders - The Economist has an article about the burgeoning Chinese stock market titled: "The people's republic in the grip of popular capitalism - Tens of millions of Chinese are risking their shirts in a stockmarket frenzy. If it goes wrong, things could get nasty." I wonder what Mao would think about the 91 million accounts held in the Chinese stock exchange? It's not an affirmation of socialism.

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