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Old 01-14-2009, 12:48 AM   #1
Brujah
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Hong Kong named world's freest economy

Hong Kong has been named the world's freest economy for the 15th year in a row.

Btw, Hong Kong has Universal Health Care.

The US slid one notch to 6th place.

http://news.yahoo.com/s/ap/20090113/...omic_freedom_1
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Old 01-14-2009, 10:57 AM   #2
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* Top 5 free market economies
- all have universal health care
1. Hong Kong
2. Singapore
3. Australia
4. Ireland
5. New Zealand

* according to an annual report released Tuesday by the conservative Heritage Foundation and the Wall Street Journal

Quote:
The Heritage Foundation is an American conservative think tank based in Washington, D.C.

The foundation took a leading role in the conservative movement during the presidency of Ronald Reagan, whose policies drew significantly from Heritage's policy study Mandate for Leadership.
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Old 01-14-2009, 10:58 AM   #3
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visiting Hong Kong in 6 months or so for a few days, lets see how free it really is :D
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Old 01-14-2009, 11:35 AM   #4
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Looks good for them!
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Old 01-14-2009, 08:10 PM   #5
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Quote:
Originally Posted by Roald View Post
visiting Hong Kong in 6 months or so for a few days, lets see how free it really is :D
Report back to us your findings? All the real conservatives in the other healthcare thread are eager to know how 5 other countries can have a more free market economy than the U.S.
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Old 01-14-2009, 09:03 PM   #6
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lol US is nowhere near the level of capitalism at play in HK. population density has lot to do with it.
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Old 01-14-2009, 09:10 PM   #7
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US never truly had a free market economy.

US business, industry, markets, etc are among the most highly regulated and controlled in the world.
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Old 01-14-2009, 09:17 PM   #8
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Quote:
Originally Posted by spacedog View Post
US business, industry, markets, etc are among the most highly regulated and controlled in the world.
Yet it ranks 6th, odd considering what you said.
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Old 01-14-2009, 09:32 PM   #9
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Is that why all of their products suck?
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Old 01-14-2009, 11:19 PM   #10
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I see. Good for them.
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