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The Economist: Let the Dollar Fall
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Originally posted by Odin
That is only with capitalism, it needs to expand to survive.
And capitalism is doing quite well in Spain where the population growth is near nil.For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)
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Originally posted by Imran Siddiqui
Balanced budget, weaker dollar
Indeed! China and Japan should stop buying dollars. Let it float.Try http://wordforge.net/index.php for discussion and debate.
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Originally posted by Tripledoc
Spain is a mixed economy and a monarchy. Big difference.
Ever see the a recent Newsweek international article? "Spain is the miracle economy and now the model of Europe?"For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)
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Originally posted by Fez
No. Spain is a capitalist country with a constitutional monarchy. The king doesn't have much power although slightly more than the British royalty. Additionally, the Prime Minister is conservative, hates socialists (which is a very good thing) and has improved the economy substantially.
Ever see the a recent Newsweek international article? "Spain is the miracle economy and now the model of Europe?"
Only the US and the Uk has a worse trade balance. (-74.4 billion)
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Originally posted by Fez
Well we have seen communism can't survive.Eventis is the only refuge of the spammer. Join us now.
Long live teh paranoia smiley!
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Originally posted by Tripledoc
Recent numbers from the economist do not look too good. Unemployment rate at 11.2, second largest in Europe. Consumer prices rose 2.8, highest in Europe.
Only the US and the Uk has a worse trade balance. (-74.4 billion)
Recent numbers? Where you get your B.S from?
I got a not so recent, January 24-30th 2004 The Economist magazine showing..
2.6% consumer prices. Again showing your number is off.
The latest GDP growth was +2.4% at least three times that of the EU average. And economists predict at least +3% growth this year.
Our unemployment is also gradually falling. The unemployment is better today than it was eight years when it was at 25%.
In the last eight years, 4.5 million jobs have been created and most of them stable, well paying jobs.
So you are full of nonsense and do not look at the facts.For there is [another] kind of violence, slower but just as deadly, destructive as the shot or the bomb in the night. This is the violence of institutions -- indifference, inaction, and decay. This is the violence that afflicts the poor, that poisons relations between men because their skin has different colors. - Bobby Kennedy (Mindless Menance of Violence)
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