LOL, the author of that piece is a Libertarian nutjob who moved to the tax haven of Switzerland in 2010, went on a tour of Conservative television shows in the US to slander his native country and had his company (Saxo Bank) print 10,000 copies of Ayn Rand's Atlas Shrugged so he could hand them out to politicians and business partners. His bank is also the sponsor of a cycling team led by the self-admitted doping offender Bjarne Riis and has been under investigation for stock manipulation. Not exactly a neutral observer
That's why I can't stand Libertarians more than any other group. They're all nutjobs.
and your S&P Fitch and Moody's gamble on people's lives
Not true in the way that I think you mean it.
The biggest holders of US debt are American individuals, institutions and Social Security. Now it's true that other countries hold a lot of our debt. But that's because we are the cleanest dirty shirt in the hamper.
Where else are they gonna go, Zimbabwe? Greece? Spain?
__________________ "You are young, my son, and, as the years go by, time will change and even reverse many of your present opinions. Refrain therefore awhile from setting yourself up as a judge of the highest matters." -- Plato .
Like we will ever be able to compete with Chinese or Indian terms of employment.
Unskilled labor jobs (such as automotive industry) will vanish in Europe.
^^ the part of ur debt that china holds is enough to decide ur destiny. USA are not as relevant as in the 90s
We heard the same thing about Japan a couple of decades ago.
There's an old saying: If you owe the bank fifty thousand dollars, you're in trouble. If you owe the bank 50 million dollars, the bank is in trouble. Deal with it.
__________________ "You are young, my son, and, as the years go by, time will change and even reverse many of your present opinions. Refrain therefore awhile from setting yourself up as a judge of the highest matters." -- Plato .
__________________ "You are young, my son, and, as the years go by, time will change and even reverse many of your present opinions. Refrain therefore awhile from setting yourself up as a judge of the highest matters." -- Plato .
i don't know what part of that post you are thinking about since none of that is a joke or remotely could be. denmark is a capitalist country and the vast majority of people in europe support the present system where the most vulnerable people will get support. also, americans who think that europe depends on the aid from the us are just
it is also true that the us is not as relevant as in the 90's. which doesn't mean it's irrelevant, mind.
i don't know what part of that post you are thinking about since none of that is a joke or remotely could be. denmark is a capitalist country and the vast majority of people in europe support the present system where the most vulnerable people will get support. also, americans who think that europe depends on the aid from the us are just
it is also true that the us is not as relevant as in the 90's. which doesn't mean it's irrelevant, mind.
The part of the post that said there will always be a "roof over my head, food and education". From what I'm seeing on the news, Greece in particular, is having trouble providing these things to its citizens. Now if my information is incorrect, please enlighten me.
Governments get their money from people who pay taxes. If not enough people are paying taxes to support all the "free" stuff, that "free" stuff goes away. I guess the government could always print money. But then the money has no value and the country is still up the creek.
__________________ "You are young, my son, and, as the years go by, time will change and even reverse many of your present opinions. Refrain therefore awhile from setting yourself up as a judge of the highest matters." -- Plato .
I'm talking about some users from the US who quote, on multiple threads, from republican affiliated sources,and for some reason they feel the need to bash Europe even though they barely know anything about it. And everybody knows this all thing with the economic crisis started in USA back in 2008.
Haven't seen much word of this. Although I sometimes feel that the British media is the most censored in the world.
The EU is made up of Police states anyway, can't see the protesters keeping their heads intact for much longer.
I'm talking about some users from the US who quote, on multiple threads, from republican affiliated sources,and for some reason they feel the need to bash Europe even though they barely know anything about it. And everybody knows this all thing with the economic crisis started in USA back in 2008.
Well, I suppose that some people in the thread are "bashing" Europe. However I started the thread for information since many of the news sources here made it seem like Europe (except for a few countries) is is meltdown mode.
But I still don't understand what that has to do with the Presidential election.
__________________ "You are young, my son, and, as the years go by, time will change and even reverse many of your present opinions. Refrain therefore awhile from setting yourself up as a judge of the highest matters." -- Plato .
How are the European protests/strikes going?
