Search found 1925 matches

by Sertorio
Thu Dec 06, 2018 10:28 am
Forum: Current Events
Topic: Thailand most unequal country
Replies: 7
Views: 884

Re: Thailand most unequal country

"In 2016, the 1% richest Thais (500,000 people) owned 58.0% of the country's wealth. In 2018, they controlled 66.9%, overtaking their peers in Russia . . ." Well, let's compare Russia, the US and France... https://img.huffingtonpost.com/asset/5994af682700003100d4f5f6.png?ops=scalefit_970_noupscale ...
by Sertorio
Thu Dec 06, 2018 10:25 am
Forum: Current Events
Topic: Taxes and Economic Success
Replies: 19
Views: 2596

Re: Taxes and Economic Success

That's the whole question. If you get good services from the state - good education, good health care, security - then people will find taxes worthwhile, even if they are high. And also the acceptance of taxes depends on who mostly pay them. If taxation is truly proportional to wealth nobody will c...
by Sertorio
Thu Dec 06, 2018 10:18 am
Forum: Current Events
Topic: Australian government bungles foreign policy chasing votes.
Replies: 75
Views: 17142

Re: Australian government bungles foreign policy chasing votes.

Nope. The US liberated Iraq from a brutal dictator, Saddam Hussein. That you actually believe this reminds me of a joke: Rumsfeld and Cheney are in the Oval Office explaining the plan to invade Iraq to George W. Bush. Rumsfeld says, "Mr. President, our expectations are that this invasion and occupa...
by Sertorio
Thu Dec 06, 2018 9:46 am
Forum: Current Events
Topic: Thailand most unequal country
Replies: 7
Views: 884

Re: Thailand most unequal country

"In 2016, the 1% richest Thais (500,000 people) owned 58.0% of the country's wealth. In 2018, they controlled 66.9%, overtaking their peers in Russia . . ." Well, let's compare Russia, the US and France... https://img.huffingtonpost.com/asset/5994af682700003100d4f5f6.png?ops=scalefit_970_noupscale ...
by Sertorio
Thu Dec 06, 2018 9:15 am
Forum: Current Events
Topic: Debt
Replies: 3
Views: 1557

Re: Debt

I have long thought that the only solution to the problems related to debt is a global pardon of all debts. In the Mesopotanian mold. Since most creditors are also debtors, this pardon might have bearable consequences, in global terms. If we don't decree such pardon in an orderly way, we risk endin...
by Sertorio
Thu Dec 06, 2018 3:23 am
Forum: Current Events
Topic: The "French disease" spreads into Belgium.
Replies: 51
Views: 9019

Re: The "French disease" spreads into Belgium.

Macron mostly cares for bankers and the rich, and that's something the French have difficulty in accepting. Now that the fuel tax has been cancalled we will see that Macron, not those taxes, is the real issue. People will not stop until they force Macron out. Whether they will succeed is the next q...
by Sertorio
Thu Dec 06, 2018 2:35 am
Forum: Current Events
Topic: The "French disease" spreads into Belgium.
Replies: 51
Views: 9019

Re: The "French disease" spreads into Belgium.

Macron mostly cares for bankers and the rich, and that's something the French have difficulty in accepting. Now that the fuel tax has been cancalled we will see that Macron, not those taxes, is the real issue. People will not stop until they force Macron out. Whether they will succeed is the next qu...
by Sertorio
Thu Dec 06, 2018 2:31 am
Forum: Current Events
Topic: Taxes and Economic Success
Replies: 19
Views: 2596

Re: Taxes and Economic Success

Our friend Cass keeps insisting that high taxes are bad for the economy and for growth. The following graph shows that one of the most successful countries in Europe - Danmark - has the highest level taxation of the developed world: https://www.zerohedge.com/sites/default/files/inline-images/high%2...
by Sertorio
Wed Dec 05, 2018 10:08 am
Forum: Current Events
Topic: "To be rich is glorious".
Replies: 9
Views: 1771

Re: the Two sister dominions, a brief comparison

Jim the Moron wrote:
Wed Dec 05, 2018 10:00 am

No doubt Portuguese are happy folks. And why shouldn't they be? Consider the two primary industries of Portugal - the manufacture of bongs and cork stoppers for wine bottles.
Wrong! :D You should go back to the published statistics, even those of the CIA... :twisted:
by Sertorio
Wed Dec 05, 2018 9:28 am
Forum: Current Events
Topic: "To be rich is glorious".
Replies: 9
Views: 1771

Re: the Two sister dominions, a brief comparison

Speaking of punching above its weight - GDP per capita Canada 51,700 USD Australia 53,800 USD Singapore 57,700 USD USA 59,500 USD Money can help facilitate happiness but it cannot buy it. I still get the impression that those privileged to be citizens of the first two on average live better than th...