Subject: Re: Investing with an eye on rising authoritarianism
Authoritarian regimes have a terrible long-term record when it comes to investing. And it will always remain so. Why? Because the best and fittest that usually deserve to win, won't necessarily win under a dictator. The dictator elevates those that fit his personal goals, not humanity's goals. Over time, it makes a huge difference.
Is Singapore authoritarian? How is their economy doing?
Seriously, I don't know and it would be interesting.
R: