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You mean we could get 80% retirement at age 53 and full medical like Greece, GREAT!
One would have to assume that you wrote this with tongue in cheek, but there are so many bizarre thinkers on CD (not saying you are one) that I just wonder, having read previous posts of yours which appear on the surface to praise the wildly over-generous benefits which, in combination with other factors, have brought Greece to its knees.
Therefore, please let us know: Are you actually serious? And if the answer is yes, do you realize that attempting to provide that level of benefits would simply destroy our country - cause it to implode?
Yep;he would recongise a store for the masses in the former soviet unon or even why they had to close vodka stroes early becuase of the good life they lead;LOL.I rememeber a firend who tok a former siviet citizen for her first shoppig trip in US;they went to wal-mart ansd she was like a kid at Disney world see the avialbilty of items and choice.
The US produces about 23% of world GDP. Greece produces less than one-half of one percent. The US dollar is a world reserve currency. Greece doesn't even have a currency of its own any more, meaning that there was nothing for it to devalue. The EU had meanwhile never gotten around to setting up a facility to support Euro-using members with financial issues. People who think the US could become the next Greece tend to think that we could also become the next Zimbabwe. Neither notion is remotely rational.
The EU and the Euro was born in 2000 and I was 20 at that time. And I knew rightaway after studying the Euro financial model that this whole set up was a farce and was headed for ruin. It couldn't even hold itself together for a decade.
This sovereign crisis is only proof to that. Greece will eventually default. They will keep buying more time. It's more like the inevitable can only be put off for a certain amount of time. We'll see how far they are able to stretch it. Other members of PIIGS aren't far
True. Unless the European countries take the steps that are necessary to become a truly integrated economic unity, this project will eventually collapse. But that will be a step too enormous to take for most countries.
Location: Currently I physically reside on the 3rd planet from the sun
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Quote:
Originally Posted by Escort Rider
One would have to assume that you wrote this with tongue in cheek, but there are so many bizarre thinkers on CD (not saying you are one) that I just wonder, having read previous posts of yours which appear on the surface to praise the wildly over-generous benefits which, in combination with other factors, have brought Greece to its knees.
Therefore, please let us know: Are you actually serious? And if the answer is yes, do you realize that attempting to provide that level of benefits would simply destroy our country - cause it to implode?
I think you misunderstand Boompa. I believe they are sarcastically saying the same thing you are. f we expect to continue to confiscate money from those who have to create new unsustainable rights for all, yes we will wind up like Greece. We are definitely on that path.
We need to control our spending and reduce our debt.
There are no easy answers. Either we wind up righting our financial woes as dictated by our nations creditors or we grow up and begin managing our country more responsibly ourselves.
I think you misunderstand Boompa. I believe they are sarcastically saying the same thing you are. f we expect to continue to confiscate money from those who have to create new unsustainable rights for all, yes we will wind up like Greece. We are definitely on that path.
LOL. You can only tax the money. If rich people are tired of paying so much in taxes, they should try hogging a smaller share of the money.
Quote:
Originally Posted by jwm1964
We need to control our spending and reduce our debt.
Sure. Because what we need in this country is first-rate amenities, low taxes, and no deficits. People who are able to balance their checkbooks two times out of three ought to be bright enough to realize that you can't have all three of those things at the same time.
Quote:
Originally Posted by jwm1964
There are no easy answers. Either we wind up righting our financial woes as dictated by our nations creditors or we grow up and begin managing our country more responsibly ourselves.
Boy, oh boy. Those who invest in US securities don't have any say at all in what we do, much less any ability to dictate. A lot of people really do need to go back to Square-1 and re-educate themselves about how all this works.
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