mmmmmm deep fried snickers bareleven bravo wrote:
lowing is about as profound as a snickers bar
.......and eleven bravo is as profound as saying, "lowing is as profound as a snickers bar".11 Bravo wrote:
mmmmmm deep fried snickers bareleven bravo wrote:
lowing is about as profound as a snickers bar
Last edited by lowing (2010-08-19 15:20:00)
what a terrible, terrible reply.
Tu Stultus Es
Like minds?eleven bravo wrote:
what a terrible, terrible reply.
Hence why I stated that the economic principles are the same no matter how big your populace or country is, the level and type of regulation must be suited that specific economy ...Turquoise wrote:
While I agree with the rest of your post, I will have to say that the level of regulation that works in an economy changes as your population grows. It's much harder to properly regulate a large country (in terms of population).Varegg wrote:
*The size of Norways population has little to do with how our regulations works, if we had a much larger population the same economic principles would apply, economic caution and budget balance doesn't consider borders nor the size of a countries population.
Just different wording but we essentially agree
Wait behind the line ..............................................................
No Varegg, you stated this:Varegg wrote:
Hence why I stated that the economic principles are the same no matter how big your populace or country is, the level and type of regulation must be suited that specific economy ...Turquoise wrote:
While I agree with the rest of your post, I will have to say that the level of regulation that works in an economy changes as your population grows. It's much harder to properly regulate a large country (in terms of population).Varegg wrote:
*The size of Norways population has little to do with how our regulations works, if we had a much larger population the same economic principles would apply, economic caution and budget balance doesn't consider borders nor the size of a countries population.
Just different wording but we essentially agree
"Back to the financial crisis, in Norway we have good regulations concerning "THIS market" ...HENCE why we had just a small hickup in comparison to most other countries" ...
you are clearly arguing that your govt. regulation is the only reason that you were not affected more than you were.
I argued that you only had a small hiccup in "THIS market" because of your relatively small roll in "THIS market". Nothing more nothing less.
By the way, I loved your little dig on America and Ramadan. I have no doubt you, for when Muslims celebrated 9/11 they did so carefree and in the open.
Last edited by lowing (2010-08-20 08:28:12)
Could it be Norway was more responsible than the USA, thus suffered less consequences during the global recession? Why did a state like Neveda suffer more from the housing bubble than Texas, a state much bigger?
Like I said, Norway, for whatever reason you want to cite, does not affect or is affected by the economical swing of the global pendulum like the US does. I merely offered this as the reason for its "hiccup" and not fuckin governmental wisdom.Phrozenbot wrote:
Could it be Norway was more responsible than the USA, thus suffered less consequences during the global recession? Why did a state like Neveda suffer more from the housing bubble than Texas, a state much bigger?
If Norway had the resources, land, and population of the United States, they probably would affect the global economy on the same scale as we do. Norway is just one country that makes up the EU and the EU's recession has made a global impact.
Varegg did not cite the EU in his point, he cited Norway, and its ingenious govt. as the reason for its "hiccup".Phrozenbot wrote:
If Norway had the resources, land, and population of the United States, they probably would affect the global economy on the same scale as we do. Norway is just one country that makes up the EU and the EU's recession has made a global impact.
Its thanks to governmental wisdom that they aren't affected.lowing wrote:
Like I said, Norway, for whatever reason you want to cite, does not affect or is affected by the economical swing of the global pendulum like the US does. I merely offered this as the reason for its "hiccup" and not fuckin governmental wisdom.Phrozenbot wrote:
Could it be Norway was more responsible than the USA, thus suffered less consequences during the global recession? Why did a state like Neveda suffer more from the housing bubble than Texas, a state much bigger?
Just guessing, lets assume Norway didn't invest its state pension investment funds or allow its major banks to invest their assets in flaky US mortgage bonds whereas Iceland, an even smaller country than Norway did.
Iceland is royally screwed, Norway is sitting pretty, thanks to government foresight and its investment bankers not putting short-term personal gain ahead of the long-term interests of the banks and their customers.
Countries basically choose how far they want to be exposed to external risk.
Same goes for Australia, prudent banks, reasonable govt regulation -> Not so much trouble when the US eats itself.
Last edited by Dilbert_X (2010-08-20 18:59:41)
Русский военный корабль, иди на хуй!
You might be right, lets also assume Norway is not the leader of the free world in defense, aid, sanctuary, medical, industry, etc....Dilbert_X wrote:
Its thanks to governmental wisdom that they aren't affected.lowing wrote:
Like I said, Norway, for whatever reason you want to cite, does not affect or is affected by the economical swing of the global pendulum like the US does. I merely offered this as the reason for its "hiccup" and not fuckin governmental wisdom.Phrozenbot wrote:
Could it be Norway was more responsible than the USA, thus suffered less consequences during the global recession? Why did a state like Neveda suffer more from the housing bubble than Texas, a state much bigger?
Just guessing, lets assume Norway didn't invest its state pension investment funds or allow its major banks to invest their assets in flaky US mortgage bonds whereas Iceland, an even smaller country than Norway did.
Iceland is royally screwed, Norway is sitting pretty, thanks to government foresight and its investment bankers not putting short-term personal gain ahead of the long-term interests of the banks and their customers.
Countries basically choose how far they want to be exposed to external risk.
Same goes for Australia, prudent banks, reasonable govt regulation -> Not so much trouble when the US eats itself.
Is that what happened? Oh, ya see I thought it was a liberal congress that decided that every mooch and loser that could not normally qualify for a loan be GIVEN a loan anyway, and so they threatened the banks if they did not comply with this mandate, to the inevitable outcome of the mooching class, staying true to their nature, reneged on their loans.
Incidentally these are the same people that are reneging on Obama's "Home Affordable Modification Program". Any guesses as to how much of the producing classes money that cost us? oh only 75 billion dollars.
Last edited by lowing (2010-08-21 09:30:59)
That we do not have a huge impact on global economics doesn't mean global economics doesn't affect us lowing ... as mentioned several times before similar economies in size did get the financial crisis pretty bad, Iceland and Denmark are good examples ... Sweden that pretty much have the same regulations as Norway are recovering fast.
And lowing ... I never said the US should adapt the same regulations as Norway, I merely stated that the regulations we have works for us ... and I have also stated that your lack of proper regulation is a factor why the US isn't doing to good at the moment ...
And as I've also said a million times now ... don't spend more than you earn is a good economic principle and it applies to both personal and government economy ...
And lowing ... I never said the US should adapt the same regulations as Norway, I merely stated that the regulations we have works for us ... and I have also stated that your lack of proper regulation is a factor why the US isn't doing to good at the moment ...
And as I've also said a million times now ... don't spend more than you earn is a good economic principle and it applies to both personal and government economy ...
Wait behind the line ..............................................................
how would you buy a house or car?Varegg wrote:
don't spend more than you earn is a good economic principle and it applies to both personal and government economy ...
'affordability' is considered in more terms than just liquid-assets...11 Bravo wrote:
how would you buy a house or car?Varegg wrote:
don't spend more than you earn is a good economic principle and it applies to both personal and government economy ...
the government doesn't just deal in liquid cash when it budgets, either...
libertarian benefit collector - anti-academic super-intellectual. http://mixlr.com/the-little-phrase/
Possibly the only two exceptions ...11 Bravo wrote:
how would you buy a house or car?Varegg wrote:
don't spend more than you earn is a good economic principle and it applies to both personal and government economy ...
Wait behind the line ..............................................................
hmmmm yeah the US, a 240 year old (super power) country the leader of the free world, compared to the 1500 year old countries in Europe that follow is doing it all wrong because 20-30 out of the past 240 years have fell on hard times..... Yeah, we got it all worng Varegg. Wonder who would protect you if we followed Europes lead.Varegg wrote:
That we do not have a huge impact on global economics doesn't mean global economics doesn't affect us lowing ... as mentioned several times before similar economies in size did get the financial crisis pretty bad, Iceland and Denmark are good examples ... Sweden that pretty much have the same regulations as Norway are recovering fast.
And lowing ... I never said the US should adapt the same regulations as Norway, I merely stated that the regulations we have works for us ... and I have also stated that your lack of proper regulation is a factor why the US isn't doing to good at the moment ...
And as I've also said a million times now ... don't spend more than you earn is a good economic principle and it applies to both personal and government economy ...
... where did I say the US got it all wrong lowing?lowing wrote:
hmmmm yeah the US, a 240 year old (super power) country the leader of the free world, compared to the 1500 year old countries in Europe that follow is doing it all wrong because 20-30 out of the past 240 years have fell on hard times..... Yeah, we got it all worng Varegg. Wonder who would protect you if we followed Europes lead.Varegg wrote:
That we do not have a huge impact on global economics doesn't mean global economics doesn't affect us lowing ... as mentioned several times before similar economies in size did get the financial crisis pretty bad, Iceland and Denmark are good examples ... Sweden that pretty much have the same regulations as Norway are recovering fast.
And lowing ... I never said the US should adapt the same regulations as Norway, I merely stated that the regulations we have works for us ... and I have also stated that your lack of proper regulation is a factor why the US isn't doing to good at the moment ...
And as I've also said a million times now ... don't spend more than you earn is a good economic principle and it applies to both personal and government economy ...
And what does the age of a country have anything to do with it?
And protect us from what?
Wait behind the line ..............................................................
gimme a fuckin break Varegg.Varegg wrote:
... where did I say the US got it all wrong lowing?lowing wrote:
hmmmm yeah the US, a 240 year old (super power) country the leader of the free world, compared to the 1500 year old countries in Europe that follow is doing it all wrong because 20-30 out of the past 240 years have fell on hard times..... Yeah, we got it all worng Varegg. Wonder who would protect you if we followed Europes lead.Varegg wrote:
That we do not have a huge impact on global economics doesn't mean global economics doesn't affect us lowing ... as mentioned several times before similar economies in size did get the financial crisis pretty bad, Iceland and Denmark are good examples ... Sweden that pretty much have the same regulations as Norway are recovering fast.
And lowing ... I never said the US should adapt the same regulations as Norway, I merely stated that the regulations we have works for us ... and I have also stated that your lack of proper regulation is a factor why the US isn't doing to good at the moment ...
And as I've also said a million times now ... don't spend more than you earn is a good economic principle and it applies to both personal and government economy ...
And what does the age of a country have anything to do with it?
And protect us from what?
considering that we went from scratch to the leader of the free world in 240 years, should lead one to think we might have done something right.
considering your history, yourselves mainly.
Never said you did everything wrong or didn't do anything right lowing, where did you get that idea?
And again:
*What has the age of a country to do with it?
*And considering our history what exactly? ... care to elaborate?
And again:
*What has the age of a country to do with it?
*And considering our history what exactly? ... care to elaborate?
Wait behind the line ..............................................................
While I agree with the last several posts you've made, it should be noted that Norway is not part of the EU. They do trade a lot with the EU though.Phrozenbot wrote:
If Norway had the resources, land, and population of the United States, they probably would affect the global economy on the same scale as we do. Norway is just one country that makes up the EU and the EU's recession has made a global impact.
We have one foot inside EU through the EEA agreement between EU and EFTA since 1994 ...Turquoise wrote:
While I agree with the last several posts you've made, it should be noted that Norway is not part of the EU. They do trade a lot with the EU though.Phrozenbot wrote:
If Norway had the resources, land, and population of the United States, they probably would affect the global economy on the same scale as we do. Norway is just one country that makes up the EU and the EU's recession has made a global impact.
Wait behind the line ..............................................................
I should have said Europe instead of the EU. My apologies.Turquoise wrote:
While I agree with the last several posts you've made, it should be noted that Norway is not part of the EU. They do trade a lot with the EU though.Phrozenbot wrote:
If Norway had the resources, land, and population of the United States, they probably would affect the global economy on the same scale as we do. Norway is just one country that makes up the EU and the EU's recession has made a global impact.