Obviously I agree with your premise but not your conclusions. The only losses being privatized are the banks and automakers- done for purely selfish reasons on the part of the governments. Banks buy their worthless debt and finance deficits while ...

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Meh. Even in the general rankings that was not strictly true. Denmark was higher than the US. And as I said my argument was about the ease of doing business in which the Scandinavian countries rank better. Theyre being dragged down by the tax system ...

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Yeah. I realized my argument might not be very convincing and edited it. Looks like you caught it pre-edit. Actually looks like I made a duplicate

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Bottom line they're still at the top of the list and the only thing dragging them down is the tax system which can be circumvented as I said. See the ranking for business freedom, monetary freedom and investment freedom

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duplicate

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Yeah. Apparently shipping all your productive industry elsewhere and living off moving money around is not a good long term strategy. Who knew ? Also in case you missed it I replied to your Hoover assertions on the previous page.

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Maybe you should take your own advice and check the list better. Only Norway is at 31. Please look for Finland Sweden or Denmark: url Norway its understandable- oil- they can afford to srcrew business.

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Yes. Easy money created the bubble which imploded in 29, enabled by the Fed. Sounds familiar. And it looks to me its you who is totally wrong and blowing smoke up my ass: url Please note all the horrible interventionisms, 50% increase in state ...

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Yeah. Also aided by some of the most free business environments in the world and the lightest regulations and only with high taxes which big companies and the wealthy can easily avoid. Those two are the only reasons why they're still afloat. Also ...

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Yeah I know. The banking sector created the crash. It was unavoidable really. Especially with the Fed which they pushed through congress to fully control the nations money supply. And Hoover had the exact same policies as FDR- that's what ...

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Heh- even the scandinavian thing is way too over hyped. The Ikea guy- his company is owned by a foundation- tax free and he lives in switzerland on the tax deal thingy- so he doesnt pay much there either. As I said: the rich don't pay taxes. The ...

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Yeah, that's why reason is overrated. Reality is most people they worship reason like previously they worshiped religion without actually doing any thinking and they look to people in authority for answers like they previously looked to priests. No ...

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Have you actually read the part about how FDR created the great depression ? There was no need for anybody to starve. The cretin made that happen with his minimum wage and price controls that made sure people wont have a job and couldnt afford to ...

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Yeah- thats why the japs wanna print like crazy now all pretense aside. Still- my point was natural gas is not gonna stay at that price once it starts being shipped to japan. Also I wasnt aware the south east asians sourced their raw materials from ...

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And now when the government helped they're poorer. They shood be thankful no ? And no- nobody is gonna work for ridiculous wages- they still have to live. Its a matter of competition: when the government tries to fix wages to high you get ...

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Yeah. That's exactly the description you could get for Greece before it blew up. They just hid their debts off balance sheet to make themselves look sustainable- great tourism industry, everybody has a job etc. Then one day surprise ! Then we are ...

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Nice call there. Given I expect to log this pig soonish I would expect it to drop for now. Either way dont care much about the chop.

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Ok they'll have to overcome that as was the case until now. Bottom line oil and gas at that point will no longer be cheaper in the US. The chinese will only have the shipping costs going against them which is not much of an advantage: url

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Yeah. Been to Switzerland. I assume they do that there as well. And a burger costs vastly more than it does in my native Romania for ex. The evil rich people are not gonna pay for it all- the people are if they can afford it. In western Europe to ...

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Give it time until they build enough pipelines to ship the oil and LNG out...

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