The government of India regulates nearly everything, so there's very little progress; whereas in Hong Kong the government keeps its hands off... and the standard of living has multiplied.
John TempletonBefore this century is over, the Dow Jones Industrial Average will probably be over one million versus around 10,000 now. So for the long-term, the outlook is tremendously bullish if you buy stocks blindly to keep for a century.
John Templeton