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Economy
IMF Tells Greece To Privatize Health Care
2010-05-09
And we thought life couldn't possibly get any more interesting.
Posted by: Anonymoose

#6  There is a way out-- and it's really the only feasible way-- but it entails some very dramatic, large movements of people across the borders:

OUT: at least a few million of our imported underclass, whose drag on the economies of the southwestern US states is almost enough to balance the budget of California. Savings = $30-50B annually.

OUT: hundreds of thousands of US retirees each year, to other countries that have severely lower costs of living + adequate local medical care (Argentina, Uruguay, Costa Rica, eastern Europe etc). Medicare savings = $30-50B annually.

IN: hundreds of thousands of immigrant technologists and PhDs in hard sciences a la Bechtolsheim, Grove, Khosla et al who can generate real economic wealth and incremental tax revenues, esp in the area of energy technology. Incremental tax revenues = $30-50B annually.
Posted by: lex   2010-05-09 11:43  

#5  You really need to spend some time with the locals in Germany and France to get a feel for what the VAT brings to the economy and standard of living. If we take on a VAT, it WILL be a very, very oppressive move.
Posted by: Besoeker   2010-05-09 11:32  

#4  the VAT makes sure sand gets into ALL the gears, not just the exposed ones. Its evil.
Posted by: OldSpook   2010-05-09 11:26  

#3  VAT is the worst tax economically.
Posted by: Bright Pebbles   2010-05-09 06:44  

#2  also upping their VAT
Posted by: lord garth   2010-05-09 05:10  

#1  er, that story's dated Apr 30, moose. Talks about the "euro rising to $1.33"....

The day the Greek government announces it's privatizing health care is the day it falls, and (still more) Greeks are killed by the mob in the streets.
Posted by: lex   2010-05-09 01:50  

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