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September 10, 2007

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Notes from a "free" economy

Hong Kong's newest "free" paper reports on the world's "freest" economy...where the Government has spent the past year or so buying shares in the Hong Kong stock exchange, ostensibly to protect the exchange from foreign predators and enhance co-operation with mainland exchanges. The government has invested about HK$10 billion of the public's money, only a decade after the last, more massive intervention, in the market.

Cato, please note.

Update: HKEx director David Webb isn't impressed.

 posted by Simon on 09.10.07 at 05:47 PM in the Hong Kong economy category.




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Comments:

you don't have to go to HongKong to try sushi ^.^
Interested in cooking sushi at home?
Looking for perfect sushi recipe?
Don't know how to prepare sushi rice? SushiCup.com - will help you get the things done.

 posted by: Greg on 10.02.07 at 03:55 AM [permalink]




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