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Originally Posted by Rascal
(Post 877453)
How about Scandinavia?
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Originally Posted by capncrunch
(Post 877455)
Don't let facts get in the way of his political rant.
.A bursting real estate bubble caused by inadequate controls on lending combined with an international recession and a policy switch from anti-unemployment policies to anti-inflationary policies resulted in a fiscal crisis in the early 1990s. Sweden's GDP declined by around 5%. In 1992, there was a run on the currency, with the central bank briefly jacking up interest to 500%. The response of the government was to cut spending and institute a multitude of reforms to improve Sweden's competitiveness, among them reducing the welfare state and privatizing public services and goods. Much of the political establishment promoted EU membership, and the Swedish referendum passed with 52% in favour of joining the EU on 13 November 1994. Sweden joined the European Union on 1 January 1995. wiki Not a rant, merely a response to a question. Review the list of former socialist countries, it is very long and very poor, there are few countries following this path today. Facts are never in the way. |
Originally Posted by nerd2009
(Post 876326)
PG,
I agree with what your saying about the company employees at the negotiating table. However, I believe the direction and depth of the negotiations are essentially laid out by "consultants, for example, "Seabury Group" and then implemented by the negotiators, who have only a certain amount of room to negotiate. |
Originally Posted by Rascal
(Post 877453)
How about Scandinavia?
If you are seriously going to attempt to be an apologist for socialism, DID YOU ever pick the wrong guy to argue with. You'd better pack a lunch, and bring a U. Cal/Berkley econ. professor with you, as you'll otherwise get your clock cleaned good....go get 'em, Jungle! Chuck |
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