Warren Buffet's 2ic praises Singapore in parable about America gone wrong
Charles Munger lauds the concept of good regulation in the form of a "good father" "Benfranklin Leekwanyou Vokker" as the right way to run an economy as America sinks into the abyss. Munger is Warren Buffet's right hand man at Berkshire Hathaway.
This is a great article on all that is going wrong with America and its politicians, and praise for Singapore's way of regulation and prudence.
Read the whole thing here.
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