Foreign Investment Part II (10/17/06)

What got me going on this is an article I read on economic freedom.
Now Pres Reagan was a man who was a Union Leader a business man a politician.
He believed in economic freedom, free trade, and the laws of demand and supply. Now governments put controls on business for the abuses in the past from the era of big business from 1900 on. Then they started taxing the businesses and people to tap into the money to support the infrastucture needed to enforce the new laws.
The more laws and enforcement required the less free trade and economic developement ensues.
What a theory.
So the following are the countries and their rankings of economic freedoms.
Continued.

Hong Kong - 1
Singapore - 2
Ireland - 3
Luxembourg- 4
United Kingdom - 5
Iceland - 5
Estonia - 7
Denmark - 8
Australia - 9
USA - 9
New Zealand - 9
Finland- 12
Canada - 12

This is the Heritage Foundation’s Index of Economic Freedom rankings for 2006.
Tomorrow we will look at the ETF's that trade these countries.


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