Far East Capital Newsletter
Will a businessman be better than a career politician?
13 Nov 2016

In This Issue

Weekly Commentary

Will a businessman be better than a career politician?

Yes, many people were shocked by the result, but look beyond that shock. Is Trump going to be any worse than the inept leadership that has been coming out of world in recent years, from America, Australia and elsewhere? I'd opine that almost all world leaders have been failing us as they have been more concerned with social issues and popularity rather than with the fundamental issues. They have been more concerned with imposing regulations and impediments to efficiency than incentivising us to create wealth. They have been more interested in government handouts and buying votes than enabling individuals to be creative and productive in building value. They have been indulging the green movement which is anti-growth and discriminatory against emerging economies and countries that desperately need to lift their populations out of poverty. 

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