What should the smart little country be doing right now?
I’m going to make a cynical statement. The smartest thing a small country can do is get rid of its peasants. That’s exactly why Singapore is Singapore. Singapore never had to deal with a First Wave population. When Malaya was broken up in the early ’60s, Singapore may have felt that it was being cheated of population at the time. But the best thing that ever happened to it was it didn’t have to deal with an impoverished First Wave peasantry. I’m being cynical and being facetious about it, but the fact of the matter is that countries saddled with large First Wave peasant populations, especially if those peasants are uneducated, obviously have the worst drag on the system. Those countries that have an at least reasonably educated population have a better chance, if we still think in terms of countries. What if we think in terms of Microsoft, which is bigger than countries? I’m just using that as an example, but you could say Apple, or Hewlett-Packard… Well, let’s say AT&T, because that
