Investing in China is too scary for me; it is a pyramid scheme. The Government is a dictatorship, completely lacking in credibility. How credible could their accounting systems be?
India is another matter-- they speak the language; they have a functioning democracy; they have a high level of education. And, as a former British colony, their books may even be on the up and up.
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Investing in China is too scary for me; it is a pyramid scheme. The Government is a dictatorship, completely lacking in credibility. How credible could their accounting systems be?
Jun 01 13:15 pm
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All Comments by Tom B »Where are the Markets Headed Next? [View article]
India is another matter-- they speak the language; they have a functioning democracy; they have a high level of education. And, as a former British colony, their books may even be on the up and up.