This is the reason the second largest market in the world for PCs next year will be China. The Members of Congress who will be with me next week will not think- China has to do everything the way America does things. Today, I just want to point out three areas that I believe have been important to America's Internet success. First are the efficient capital markets in America. As we saw this week, the stock market, though, can be a rough place.
Stocks go up and stocks go down sometimes at Internet speed.
But we have found there is no more efficient way of allocating capital to people who will use it profitably than the public markets. But look at all those Internet companies. More importantly, look at all those wonderful ideas that they have been able to implement because of the capital markets, and implement idea so quickly. It is due to the efficiency of our capital markets. And these capital markets function best, if people all over the world can participate in them freely.