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10.07.2005

Command economies respond to US challenge

Last week Ivan brought us news of MIT's $100 laptop. Communist China and socialist Venezuela answer thusly.

When the US government scared China off of buying into our oil sector in July we had a discussion about when exactly it's nice for commies to engage in the business world. It didn't go to far, but I'd say that if it was a business and not MIT trying to compete with two rich red countries, they might feel that it was impossible to make money, since Venezuela and China can choose to over-allocate resources to the project.

1 Comments:

At 7:24 PM, Blogger Ivan said...

PCs are a world of difference.

 

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