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2011-05-09 Economy

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Posted by g(r)omgoru 2011-05-09 04:47|| || Front Page|| [11126 views ] Top

#1 Portugals response to Finland.
Portugalnomics:Ep. 1

Posted by tipper 2011-05-09 06:19|| 2011-05-09 06:19|| Front Page Top

#2 ahh LOL noisily into the rubbish bin of history. Very amusing.

But sad. This was a grand experiment, would be terrific if they could keep the Eurozone together.
Once that disintegrates there's not much reason to keep the rest of it together.

It's been grand having no different currencies, open zone for travel, working, living etc.

what a shame i hope they can work it out. Riots in Greece say they won't. Retiring at 50 just imagine. In australia it's 67.

Posted by anon1 2011-05-09 07:15|| 2011-05-09 07:15|| Front Page Top

#3 Tipper your "Portugalnomics:Ep. 1 " was very good. They seem to be a big part of this world. Norway retires their people at fifty also. Norway is in the black also. The cruse lines are seeing a banner year. Exports of fish at record level. Best longevity. Needs to hire more foreign workers . They have over 350,000 now. Major deals in gas and oil with several countries. They have five oil drilling platforms on order. Socialist to the core and teetotalers! mostly. Well you can't have everything.

Posted by Dale 2011-05-09 07:30|| 2011-05-09 07:30|| Front Page Top

#4 anon1

No it's not grand. All the things you call "Free" (except trade) just shift costs onto taxpayers and the poor.

Posted by Bright Pebbles 2011-05-09 08:21|| 2011-05-09 08:21|| Front Page Top

#5 teetotalers! mostly.

Norway has heavy taxes and strict control on alcohol in order to control Norwegan predeliction for heavy drinking.

There was a group of Norwegan dentistry students at my Irish University (apparently no dentistry school in Norway) who were famed for going on wild drinking benders lasting for days.

Posted by phil_b 2011-05-09 09:47|| 2011-05-09 09:47|| Front Page Top

#6 Hmm. If this keeps up, there will be too many actors to establish a New World Order.

Also, if a country is too prosperous and all its workers retire early, it will force immigration from less successful systems, and import less successful attitudes. Which makes that more successful system ... less successful. Perhaps this would be a good reason to keep a country from being too successful.

Posted by gorb 2011-05-09 10:37|| 2011-05-09 10:37|| Front Page Top

#7 That was good to hear. I had always been told they abstain the alcohol. We have several come over for reunions and one smokes. He is a teacher and pays dearly for his smokes. Very competitive people. Senior Olympics and such. Had an Uncle who challenged me to sit ups on an inclined board. He did two hundred sit ups every morning into his eighties. I declined his challenge and I think I made the right decision.

Posted by Dale 2011-05-09 10:39|| 2011-05-09 10:39|| Front Page Top

#8 Gorb yes and no. They claim their crime is at the lowest level in twenty years. The crime they do have is rape which never had been a problem in the past. Women don't go out at night alone now I'm told.

Posted by Dale 2011-05-09 10:44|| 2011-05-09 10:44|| Front Page Top

#9 Just a current update from The Norway Post "Statoil has reported net income in the first quarter of 2011 of NOK 16.1 billion compared to NOK 11.1 billion in the same period last year".

Posted by Dale 2011-05-09 10:55|| 2011-05-09 10:55|| Front Page Top

#10 The crime they do have is rape which never had been a problem in the past.

One guess who are raping these blonde infidels whores.

Posted by Zebulon Thranter9685 2011-05-09 12:17|| 2011-05-09 12:17|| Front Page Top

#11 The EMU (European Monetary Union) is only one of the seven heads of the EU hydra, so a downsizing of the eurozone or a collapse of the euro would by no means be the end of the European Project.

But, considering that European unification has already been attempted three times -- by Charlemagne, Napoleon, and Hitler -- I don't see why this time would work out any better.

Posted by RandomJD 2011-05-09 13:01|| 2011-05-09 13:01|| Front Page Top

#12 It's race between the Euro crackup and the US replacing the dollar with the yuan. I think I prefer the crackup.

Posted by Zebulon Thranter9685 2011-05-09 13:02|| 2011-05-09 13:02|| Front Page Top

#13 What makes you think you won't get both?

Posted by Bright Pebbles 2011-05-09 13:11|| 2011-05-09 13:11|| Front Page Top

#14 The yuan won't replace the USD.

Because it means trusting your money to the chicoms and not enough people are that dumb.

Posted by phil_b 2011-05-09 17:50|| 2011-05-09 17:50|| Front Page Top

#15 Sometimes I have my doubts about that phil_b.

After all they voted in Obama.

Posted by CrazyFool 2011-05-09 17:56|| 2011-05-09 17:56|| Front Page Top

#16 As with its predecessor, the Holy Roman Empire, the EU, almost from its second generation, is starting once again on the slow decay to irrelevance. So here is the EU flag, featuring the "roadkill crow" of the HRE overlaid.

Posted by Anonymoose 2011-05-09 19:41|| 2011-05-09 19:41|| Front Page Top

23:40 Halliburton - Mysterious Conspiracy Division
23:30 MS
22:37 Heriberto Shusonter9790
22:17 newc
22:09 Zhang Fei
22:09 Dale
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20:42 phil_b
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20:25 Scooter McGruder
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