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To: Cicero
"what the former Soviet Union did. Suck in businesses, and then take them over."

I am a bit perplexed here. Could you give some examples?

7 posted on 10/26/2010 12:59:13 PM PDT by TopQuark
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To: TopQuark

I had friends who went over to Russia after the breakup of the Soviet Union, eager to set up businesses and get in at the start of a business friendly, capitalist climate.

Most of it ended up with people losing their shirts, as the Russian Mafia replaced the Communist Party. Or maybe it was the same thing. Certainly many of the same people.

I also knew a few people who went into China and tried to start businesses, back around that same time. Most of them lost their shirts, too.

Both countries essentially have kept their command economies, ruled from the top down. Not that Obama isn’t trying to do the same thing here.


8 posted on 10/26/2010 1:52:05 PM PDT by Cicero (Marcus Tullius.)
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