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4exNinja replied Mar 18, 2013I don't think it'll take 2-3 generations. Hell, look at the public outrage in China when it comes to pollution for example. At first they didn't really feel the effects, but there are now entire cities with cancer rates through the roof. Also, don't ...
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4exNinja replied Mar 18, 2013The point is, they have TOOOONS of regulations in Switzerland. For example, our environmental regulations are so tough the EU is giving us a hard time for not lowering them. Yet somehow certain (polluting) industries still use the country as a ...
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4exNinja replied Mar 18, 2013The problem in the UK and France isn't that those "socialist" measures don't work...they're just implemented in a really horrible way. That's what I mean when I say you can't look at the world as "black or white". You can't say "socialism is bad" or ...
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4exNinja replied Mar 18, 2013They don't take away all your bullets...they just think a couple are enough. I still have some somewhere in my basement. They know I have 'em though 'cause it's all registered. What amazes me is that here in the UK I pay 30%+ in taxes...and then get ...
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4exNinja replied Mar 18, 2013Not sure where you're from...but yeah, join the dark side
Got tons of mates from the US in Switzerland. Most came over for a "1-2 year contract" and then stay in the end...mostly because they get married and realise it's probably the best country ...EURUSD
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4exNinja replied Mar 18, 2013Cold in winter, yeah...but some reasons summers are actually quite hot. Hotter than in the UK that's for sure, but then again, I wouldn't call what we have in the UK "summer". Two weekends of hot weather isn't summer
Can't comment on women ...EURUSD
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4exNinja replied Mar 18, 2013What do you mean they're hugely above??? When it comes to economic freedom they are massively behind if anything. As for things that matter (like GDP per capita), they're either better or largely on par with the US...despite what you call "crushing ...
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4exNinja replied Mar 18, 2013They're below the US in every single one of those categories while outperforming the US in most categories that count (education, healthcare, etc.)...and if you bothered to read up about taxes you'd realise they aren't any higher than in the US. ...
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4exNinja replied Mar 18, 2013You can sum the entire thing up with 2 words: "deregulation" and (as a result) "overleverage"
Some of the LTVs I've seen leading up to the crisis were downright scary...EURUSD
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4exNinja replied Mar 18, 2013You do realise you just asked me to do research when the very link you just posted shows that in terms of economic freedom every single (!!!!!) Scandinavian country is WORSE than the US, right? Yet somehow they still do better than the US. Thanks ...
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4exNinja replied Mar 18, 2013If you believe Scandinavia has one of the "freest business environments in the world" you clearly haven't done any business there
Just fyi, Norway for example ranks at no40 in terms of economic freedom, 30 spots behind the US! So please, at least ...EURUSD
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4exNinja replied Mar 18, 2013The thing is, it CLEARLY works well in Scandinavia. High GDP/capita, high income/capita, good education system, great healthcare, decent salaries...and at least in Norway's case oil revenues directly benefit the people as well rather just flowing to ...
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4exNinja replied Mar 18, 2013I wouldn't use the Wild West as a great example...read up about how people lived back then
I'm not saying capitalism is only bad, but on the other hand, you are completely ignoring all negative side effects...some of which are horrible for a ...EURUSD
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4exNinja replied Mar 18, 2013It works there for the same reason it works in Switzerland...it's a lot more of a direct democracy. People have more power and it's tougher for greedy companies to buy corrupt politicians because in the end the people always have the power to ...
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4exNinja replied Mar 18, 2013Bush Jr's "a house for everyone, free money for everyone" speech didn't really help either
You know a crisis is imminent if they offer negative ammortization loans and loans without any background checks. The signs were there, most of them simply ...EURUSD
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4exNinja replied Mar 18, 2013Yeah...but you're conveniently forgetting that back then we had people starving in the streets. As a nation, the US wasn't better off back then. The fact remains, pretending that capitalism can easily be implemented without any restrictions is a ...
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4exNinja replied Mar 18, 2013You pretend the government just decided to pull this off on their own...guess who bribed (sorry...I meant "lobby") those very government officials into letting this happen? You should really read the following link if you believe governments are ...
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4exNinja replied Mar 18, 2013The US had a massive headstart after WW2...Europe was in shambles, Japan was a pile of rubble, and China/India were still recovering from colonialism. Up until around the end of the 20th century the planet was lead (almost) unilaterally by the ...
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4exNinja replied Mar 18, 2013This only works if all market participants act rationally...which CLEARLY isn't the case. Like I said, it's a THEORY, not a practical blueprint. And not all government intervention is automatically bad. For example, back home in Switzerland we have ...
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4exNinja replied Mar 18, 2013The key issue is that people look at THEORETICAL CONCEPTS like capitalism and communism and then pretend that's how the world should work. In reality those are theories who have so many (often unrealistic) pre-requisites that they simply can't be ...
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