3 ms·
I wanted to actually dig into this, and see if there's anything that's underlying the ideas that are worth really considering but I've got to say, this really t
by Traster 7y ago
I wanted to actually dig into this, and see if there's anything that's underlying the ideas that are worth really considering but I've got to say, this really turned me off:
"When an Island or Peninsula breaks free from a larger country and creates its own legal structure, dramatic increases in prosperity often occur within 1 generation.
Under British rule Hong Kong habour was little more than a dockyard for the Royal Navy. Now thanks to modern trade rules and numerous land reclamation projects, the skyline features an abundance of skyscrapers."
That's just dishonest. Firstly, Hong Kong was not just a dockyard for the British Navy in 1997, it was already an incredibly rich place, with many skyscrapers and huge amounts of autonomy. Try googling a photo of Hong Kong in 1997. Secondly, it is has not broken free from a larger country, it was returned from the British Empire to Chinese control.
"Before World War 2, rickshaws were the primary form of transport in Singapore. Now there is a vast public transport infrastructure, including high speed rail networks and expressways."
Okay, what a funky timeline. Before WW2 Singapore was very poor! Along with basically everyone else in that region. It gained independence in 1959, but let's not talk about what happened in between!
None of the examples they give seem to offer anything other than "Pro tip: Be a tax haven". Singapore, Mauritius, Hong Kong? Notice what these places have in common? Like Jesus Christ guys could you not find a single example of a country whose independence made it wealthy without being a straight up tax haven for the surrounding larger countries?