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Re: all the posters gone?

By: faul in ALEA | Recommend this post (0)
Tue, 31 Jul 12 8:26 PM | 59 view(s)
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Msg. 09098 of 54959
(This msg. is a reply to 09097 by Cactus Flower)

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Hi Alea......

So vast oil reserves and natural resources coupled with
tiny populations have nothing to do with it.......it's just a
matter of a country adopting a different ISM....as in
Socialism instead of Capitalism or Communism.....

The answer is not found in one ISM over another ISM!


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The above is a reply to the following message:
Re: all the posters gone?
By: Cactus Flower
in ALEA
Tue, 31 Jul 12 7:44 PM
Msg. 09097 of 54959

hi faul,

though you (and doubtless others) have abused the system, the funny thing is it continues to generate wealth and to survive crises like the current one relatively intact.

per capita gdp (ppp) puts them around 13th in the world.

unemployment runs 7.3% which is better than the US currently and far better than the european average.

their neighbours in norway run a fairly similar model, and their per capita gdp is even higher while running 3% unemployment and having greater social mobility than the us.

considering everything, i'd say the scandinavian model has worked pretty well.


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