Replies to post #87895 on China Growth Stocks

[Toddmo]

Varying degrees of corruption

Ubetball, this is the second post where you make the very explicit claim that corruption is worse in Cambodia than it is in China. Your hyperbolic statements are not a good or useful response to the recent pumping of EGT.

First of all, someone posting on a board predominantly discussing US-listed Chinese stocks should find irony in a message that discusses how much 'more' corrupt a different country is. After 2011, I don't think there is a country with a dirtier name than China in all US-listed stocks (apart from America itself.... but in a different way). Saying China has bad corruption but another country's corruption is worse is laughable. Cambodia's corruption may be easier to spot and apparent, but China's corruption is pervasive, ubiquitous, and deep. Comparing their corruption on a surface level doesn't make sense. Most people on this board have accepted the risks in Chinese stocks, and if you are willing to accept risk in Chinese stocks you are probably willing to accept a high risk position such as EGT.

I guess the only reason I am posting this is to preserve my mental sanity and hopefully dissuade others from making more claims about relative corruption.