reggiepaul
Well-Known Member
http://www.people.co.uk/sport/conte...55768_headline=-GHETTO-BLASTER-name_page.html
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It's true - Europe is better than most of the UK and US social systems. It's the culture and lack of materialistic and capitalistic dominance. It is the People after all. You have to expect them to give their journalists massive creative licence.
JGooner said:It's true - Europe is better than most of the UK and US social systems. It's the culture and lack of materialistic and capitalistic dominance. It is the People after all. You have to expect them to give their journalists massive creative licence.
This is so wrong. I don't want to turn this into a comparative economics seminar but the European social market model is finished. The big continental social democracies are embarking on programs of economic liberalisation - tax cuts, benefit cuts, regulation cuts, pension reform, etc. Agenda 2006 has already been published in France and Agenda 2010 has been published in Germany. The public sector pension reform was passed a few months ago in France. Italy and Spain are both planning identical programs .... smaller European countries have already liberalised - Ireland, Holland, Czech Republic,etc. But the bigger ones have only just started.
ExiledInNewcastle said:Very true. I mean where I live in Newcastle is supposed to be one of the roughest parts of the city, but in the 4 years I've lived in this part of town the only trouble of any kind I've had was when a drunk in a stolen car being chased by the old bill crashed into my (parked and empty) car in the middle of the night!
The trouble is people always assume poor areas are rough, which is not true at all.
lewdikris said:J - Sorry, I need to add my two cents to that.
The intensive programme of financial liberalisation achieved under Thatcher and Reagan now (sadly, and unrealistically) being adopted by the rest of Europe - basically comes with an ever-increasing burden of debt. America's debt burden is out of control, and has led to a militaristic facade being put on an economic power that is seriously slipping behind Japan - and will be unable to remotely deal with the increase of Chinese power in the next three decades.
Europe is trying to out-gun America simply by copying it's mistakes. Japan and China can just get on with their own, more specialised and sensitive ways of approaching the markets - and come out on top.