Search found 1563 matches

by Sertorio
Thu Aug 09, 2018 2:28 am
Forum: Current Events
Topic: Trump may be right to pursue this bromance with Russia
Replies: 153
Views: 2264

Re: is "high tech' all that it is cracked up to be?

Sertorio, I sometimes wonder whether you are making too much of a 'status symbol' thing about Portugal's alleged need for more high technology? A smallish country with few natural resources must depend on knowledge and skills to become prosperous. It's good we are great producers of high quality wi...
by Sertorio
Wed Aug 08, 2018 9:31 am
Forum: Current Events
Topic: Trump may be right to pursue this bromance with Russia
Replies: 153
Views: 2264

Re: Trump may be right to pursue this bromance with Russia

You say you have high-value exports like cars, electronics, software, shoes, and electronics. I have not heard of any Portuguese brands such as I have heard of Japanese brands - eg Toyota, Sanyo, Shiseido, Sumitomo etc. What are your equivalents? Of course, being a small country, it is impossible y...
by Sertorio
Wed Aug 08, 2018 5:00 am
Forum: Current Events
Topic: Trump may be right to pursue this bromance with Russia
Replies: 153
Views: 2264

Re: Trump may be right to pursue this bromance with Russia

Third Japan has greater earnings capacity than Portugal. It has great companies making cars, electronics and robots while Portugal sells wine and earn money from tourism. This means that it has greater earnings capacity than Portugal The more you earn, the more you can borrow. A brain surgeon earni...
by Sertorio
Tue Aug 07, 2018 2:02 pm
Forum: Current Events
Topic: Trump may be right to pursue this bromance with Russia
Replies: 153
Views: 2264

Re: Trump may be right to pursue this bromance with Russia

Lol, Portugal isn't buying houses for itself. It is simply one of the highest debt to GDP ratios on the globe. Because it lived wildly beyond it's means. You are a bit slow understanding basic things. Have you looked at Japan's public debt? It's 225% of GDP. Presumably Japan has lived "wildly beyon...
by Sertorio
Tue Aug 07, 2018 4:29 am
Forum: Current Events
Topic: Trump may be right to pursue this bromance with Russia
Replies: 153
Views: 2264

Re: Trump may be right to pursue this bromance with Russia

Ermm, if you are borrowing money you are living beyond your means. There is no way around it. I don't know whether you own your house, but if you do, when you purchased it did you pay cash or did you get a loan from your bank? If you had to borrow to pay for the house, did it mean you were living b...
by Sertorio
Tue Aug 07, 2018 3:06 am
Forum: Current Events
Topic: The November 2018 Congressional election mega thread
Replies: 42
Views: 629

Re: The November 2018 Congressional election mega thread

cassowary wrote:
Mon Aug 06, 2018 7:52 pm
With the elections less than 100 days away, its time to start discussing it. Any bets? Who do you think will win the Senate and the House?
I don't know who the winner is going to be, but the losers will be the rest of the world...
by Sertorio
Tue Aug 07, 2018 3:05 am
Forum: Current Events
Topic: Trump-Putin friendship could be all about oil and China.
Replies: 9
Views: 197

Re: Trump-Putin friendship could be all about oil and China.

Then there is Russia. Yes, it would temporarily save the Russian state budget but prolong Russia's economic dependence on oil and gas exports. https://d3fy651gv2fhd3.cloudfront.net/charts/russia-government-budget.png?s=wcsdrus&v=201802161130v I don't think that the Russian state budget needs "savin...
by Sertorio
Tue Aug 07, 2018 2:55 am
Forum: Current Events
Topic: Trump may be right to pursue this bromance with Russia
Replies: 153
Views: 2264

Re: Trump may be right to pursue this bromance with Russia

Ermm, if you are borrowing money you are living beyond your means. There is no way around it. I don't know whether you own your house, but if you do, when you purchased it did you pay cash or did you get a loan from your bank? If you had to borrow to pay for the house, did it mean you were living b...
by Sertorio
Tue Aug 07, 2018 2:52 am
Forum: Current Events
Topic: Trump may be right to pursue this bromance with Russia
Replies: 153
Views: 2264

Re: Trump may be right to pursue this bromance with Russia

I never stop wondering how common voters in Portugal are concerned by higher taxes, but then are willing to spend hours waiting to be seen by doctors in public hospitals, or have to wait for one year for an operation which should be performed within three months, or are confronted with patients in ...
by Sertorio
Tue Aug 07, 2018 2:46 am
Forum: Current Events
Topic: Trump may be right to pursue this bromance with Russia
Replies: 153
Views: 2264

Re: Trump may be right to pursue this bromance with Russia

To work, socialism needs relatively high taxes, in order to pay for social security, good public education and universal health care. Socialist parties fail when they start wondering whether people will continue supporting higher taxation, when the opposition rightist parties keep promising paradise...