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post #781 of 1006 (permalink) Old 04-02-2012, 03:27 PM Thread Starter
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Re: Financial clusterfuck in Europe

you're lucky you're dealing with germany here, the biggest pussies on the planet. remember when your non-country wet its pants back when the us of a made you bend over? ah, good times.

time to break up switzerland for good. rome, paris and berlin should come up with a masterplan to end the reign of financial terror. i'm positive this will still happen in my lifetime.
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post #782 of 1006 (permalink) Old 04-03-2012, 02:15 PM
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Re: Financial clusterfuck in Europe

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Originally Posted by Rrrainer View Post
you're lucky you're dealing with germany here, the biggest pussies on the planet. remember when your non-country wet its pants back when the us of a made you bend over? ah, good times.

time to break up switzerland for good. rome, paris and berlin should come up with a masterplan to end the reign of financial terror. i'm positive this will still happen in my lifetime.
Gadaffi hears you

If those countries can't fix their horrific tax policies and stop stealing money from their wealthy citizen then that's not Switzerland's problem. And if they can't escape to SUI anymore no doubt they'll find other places to avoid paying way too much for their lazy citizen.
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post #783 of 1006 (permalink) Old 04-03-2012, 03:22 PM Thread Starter
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Re: Financial clusterfuck in Europe



some surprises here (greece, israel, spain etc.)...
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post #784 of 1006 (permalink) Old 04-03-2012, 07:22 PM
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Re: Financial clusterfuck in Europe

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some surprises here (greece, israel, spain etc.)...
What's so surprising about Spain in that graph?

What does surprise me is how some culturally Catholic countries like Poland and Ireland can be so obsessed with money, though it's probably a hangover from being cut off from the West for so long (in Poland's case) and from its history of extreme poverty (Ireland's).

Wonder why Italy didn't make the graph, it's odd that they left it out.
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post #785 of 1006 (permalink) Old 04-04-2012, 05:38 AM
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Re: Financial clusterfuck in Europe

typical Sweden. Always trying so hard to be politically correct. Behind closed doors everyone is just as greedy and materialistic.

But it is true they like to show off more in Russia for example. It's cool to be rich and extravagant there. In Sweden it's a bit ugly to brag about high salary or having a very expensive car. Even rich people like to keep a low profile. Funniest examples are billionaries like IKEA founder Kamprad who walk around pretending to be your average swede, shopping on discounts and being a bit cheap about everything when he could live like a king if he wanted to.
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post #786 of 1006 (permalink) Old 04-04-2012, 08:48 AM
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Re: Financial clusterfuck in Europe

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typical Sweden. Always trying so hard to be politically correct. Behind closed doors everyone is just as greedy and materialistic.
I'm sure there's quite a lot of that in most countries. But the difference is not in individual political correctness posturing, but on whether society is or isn't rigged mostly around how to make fast money (which is a force also present in most countries, certainly in my own).
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post #787 of 1006 (permalink) Old 04-04-2012, 11:32 AM Thread Starter
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Re: Financial clusterfuck in Europe

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What's so surprising about Spain in that graph?
it's just that other mediterranean countries are high up the list while spain isn't. plus spaniards were literally dropping out of high school to work in construction and similar booming industries just to make a quick buck prior to 2008. it seemed like making money as fast as possible instead of going for an actual profession was widely accepted.

@ maxpower: don't you diss sweden or i'm comin' over there (eventually anyways )
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post #788 of 1006 (permalink) Old 04-04-2012, 07:06 PM
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Re: Financial clusterfuck in Europe

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it's just that other mediterranean countries are high up the list while spain isn't.
Which other Western Mediterranean countries are "high up the list"? Because I see Portugal and France (partially Med) quite close to Spain in the bottom third of the table (Italy, as I said before, is surprisingly missing).

Or is it that you really believe in the existance of a "Med world", in the sense that you think Spain is culturally closer to Greece, Cyprus or Israel than to say France or Belgium? Because if that is the case, you really need to take another look at European history.
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post #789 of 1006 (permalink) Old 04-04-2012, 07:11 PM
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Re: Financial clusterfuck in Europe

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Man kills himself in Athens main square and this was his suicide note
http://www.businessinsider.com/man-k...ampaign=europe

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why are you so seriously
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post #790 of 1006 (permalink) Old 04-04-2012, 10:00 PM
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Re: Financial clusterfuck in Europe

Some psycho protester probably shot him and attached the suicide note.
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post #791 of 1006 (permalink) Old 04-05-2012, 01:00 AM
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Re: Financial clusterfuck in Europe

I still don't understand if the Greeks can truly blame government for their plight, or if they must blame themselves for repeatedly electing governments that allowed them to live beyond their means.

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post #792 of 1006 (permalink) Old 04-05-2012, 05:54 AM
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Re: Financial clusterfuck in Europe

this kid was onto something

http://business.financialpost.com/20...-year-old-boy/
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post #793 of 1006 (permalink) Old 04-05-2012, 10:44 AM
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Re: Financial clusterfuck in Europe

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I still don't understand if the Greeks can truly blame government for their plight, or if they must blame themselves for repeatedly electing governments that allowed them to live beyond their means.
Well, look at it this way: the average Greek (like the average you name it), doesn't really know anything about macroeconomics. He is relatively poor (no European country is really poor in a third world sense) and has never had much chance of really improving his lot except by migration. Suddenly, his country enters a system where money flows like it never has. Maybe at first he thinks there is something fishy, and maybe he looks to see what people who should know better have to say about it all. They all happily goad them on. It's not just his own bankers and politicians, but Brussels, Paris, Berlin, Rome, wherever you turn, its all green lights. The rating agencies actually go out of their way praising the Greek politicians who were doctoring the balance sheets. So the average Greek small shop owner or Athens bus driver or nurse, just gets on with his/her life.

Then everything comes crashing down around him and suddenly everyone is telling him he is to blame. The very same rating agencies that were goading him on, now turn around at tell him that all his life's efforts aren't worth shit.

So yes, of course the Greeks are to blame, for choosing lousy leaders (er.. well, like if the rest of us, at both sides of the Atlantic, always chose virtuose ones...) and for not always paying their taxes and waving a lot of rules.

The question is whether we can fairly lay the blame only -or even mostly- on them. The average guy on the streets of Athens must be thinking that someone is using him as a boggey man for covering their own guilt. And he does have a point.
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post #794 of 1006 (permalink) Old 04-05-2012, 12:01 PM Thread Starter
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Re: Financial clusterfuck in Europe

you're right, peribsen, most med countries are nowhere near the top. my mistake. for some reasons i thought portugal was up there but it's not.

still, what about my points? i used to think most bubble economies with skyrocketing growth numbers are prone to developing a generation of cash-obsessed youth. it happned in greece, it happened in ireland, it apparently happened to some extent in eastern europe (different kind of bubble though), but according to the poll it did not happen in spain. how come?

*edit: on topic:

http://www.spiegel.de/international/...825762,00.html

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Madrid's Mayor Chips Away at Debt and Tradition

Last edited by Stensland; 04-05-2012 at 12:16 PM.
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post #795 of 1006 (permalink) Old 04-05-2012, 11:35 PM
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Re: Financial clusterfuck in Europe

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Well, look at it this way: the average Greek (like the average you name it), doesn't really know anything about macroeconomics. He is relatively poor .
Says he is a retired pharmacist that lives alone in an apartment. What I don't understand is how someone like this had not prepared for his retirement.

Of course, I don't know what he lost. Were pensions cancelled?

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