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This is not a question of Euro going down. It's mostly about dollar stopping its freefall.
Though Greece is aslight problem. The Euro going down is btw a good thing for europe. The coin was worth way to mutch for all our export buiseness
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On March 05 2010 18:55 Velr wrote:
Nearly whole europe including GB had a habbit of Invading other countries and especially France :p. But as it seems... The lesson was learned for now. Europe for sure took it's time to learn it but all that matters is the *now*.
Agreed, but that intense rivalry and competition lead to the ridiculous advances in technology and the spirit of exploration that allowed Europe to bring about the modern era and spread it across the world.
On March 06 2010 02:31 Rothbardian wrote:Show nested quote +On March 06 2010 02:20 {CC}StealthBlue wrote:On March 06 2010 01:59 TanGeng wrote:
Switzerland figured it out early. Peace & Prosperity & Self-defense.
Ever since the Treaty of Westphalia. It spared them all that death and destruction. You do realize the Nazi's did plan on invading Switzerland, right? Yes, they did. Did you also read where the Nazi's saw that they would have casualties numbering in the millions and decided not to invade? Why do you think that is? When you have a Nation of Militia where every single person is armed, and armed well you think you are going to invade them, or the French?
Umm, defeating Switzerland wouldn't have been a problem for the Nazis at all, they were just kinda occupied with more important things at the time...it was certainly on their To Do List. :O
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On March 06 2010 03:20 jello_biafra wrote:Show nested quote +On March 05 2010 18:55 Velr wrote:
Nearly whole europe including GB had a habbit of Invading other countries and especially France :p. But as it seems... The lesson was learned for now. Europe for sure took it's time to learn it but all that matters is the *now*.
Agreed, but that intense rivalry and competition lead to the ridiculous advances in technology and the spirit of exploration that allowed Europe to bring about the modern era and spread it across the world. Show nested quote +On March 06 2010 02:31 Rothbardian wrote:On March 06 2010 02:20 {CC}StealthBlue wrote:On March 06 2010 01:59 TanGeng wrote:
Switzerland figured it out early. Peace & Prosperity & Self-defense.
Ever since the Treaty of Westphalia. It spared them all that death and destruction. You do realize the Nazi's did plan on invading Switzerland, right? Yes, they did. Did you also read where the Nazi's saw that they would have casualties numbering in the millions and decided not to invade? Why do you think that is? When you have a Nation of Militia where every single person is armed, and armed well you think you are going to invade them, or the French? Umm, defeating Switzerland wouldn't have been a problem for the Nazis at all, they were just kinda occupied with more important things at the time...it was certainly on their To Do List. :O
And now they're free to compete with the rest of the world and have been relieved of the burden of having to spend a large amount of that competitive energy on killing machines
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What is it with libertarians and capitalizing arbitrary nouns? It's not the 1700s anymore guys, no matter how much you want it to be...
"When you have a Nation of Militia..." - this is like the written equivalent of wearing a fedora and a bowtie.
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On March 06 2010 03:24 zeppelin wrote:Show nested quote +On March 06 2010 03:20 jello_biafra wrote:On March 05 2010 18:55 Velr wrote:
Nearly whole europe including GB had a habbit of Invading other countries and especially France :p. But as it seems... The lesson was learned for now. Europe for sure took it's time to learn it but all that matters is the *now*.
Agreed, but that intense rivalry and competition lead to the ridiculous advances in technology and the spirit of exploration that allowed Europe to bring about the modern era and spread it across the world. On March 06 2010 02:31 Rothbardian wrote:On March 06 2010 02:20 {CC}StealthBlue wrote:On March 06 2010 01:59 TanGeng wrote:
Switzerland figured it out early. Peace & Prosperity & Self-defense.
Ever since the Treaty of Westphalia. It spared them all that death and destruction. You do realize the Nazi's did plan on invading Switzerland, right? Yes, they did. Did you also read where the Nazi's saw that they would have casualties numbering in the millions and decided not to invade? Why do you think that is? When you have a Nation of Militia where every single person is armed, and armed well you think you are going to invade them, or the French? Umm, defeating Switzerland wouldn't have been a problem for the Nazis at all, they were just kinda occupied with more important things at the time...it was certainly on their To Do List. :O And now they're free to compete with the rest of the world and have been relieved of the burden of having to spend a large amount of that competitive energy on killing machines
You mean now we have to compete with the rest of the world? Because in the times I'm speaking of there were no other competitors, the entire world was a massive playground for European countries to show how cool they were by claiming as much of it as possible.
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On March 06 2010 03:30 jello_biafra wrote:Show nested quote +On March 06 2010 03:24 zeppelin wrote:On March 06 2010 03:20 jello_biafra wrote:On March 05 2010 18:55 Velr wrote:
Nearly whole europe including GB had a habbit of Invading other countries and especially France :p. But as it seems... The lesson was learned for now. Europe for sure took it's time to learn it but all that matters is the *now*.
Agreed, but that intense rivalry and competition lead to the ridiculous advances in technology and the spirit of exploration that allowed Europe to bring about the modern era and spread it across the world. On March 06 2010 02:31 Rothbardian wrote:On March 06 2010 02:20 {CC}StealthBlue wrote:On March 06 2010 01:59 TanGeng wrote:
Switzerland figured it out early. Peace & Prosperity & Self-defense.
Ever since the Treaty of Westphalia. It spared them all that death and destruction. You do realize the Nazi's did plan on invading Switzerland, right? Yes, they did. Did you also read where the Nazi's saw that they would have casualties numbering in the millions and decided not to invade? Why do you think that is? When you have a Nation of Militia where every single person is armed, and armed well you think you are going to invade them, or the French? Umm, defeating Switzerland wouldn't have been a problem for the Nazis at all, they were just kinda occupied with more important things at the time...it was certainly on their To Do List. :O And now they're free to compete with the rest of the world and have been relieved of the burden of having to spend a large amount of that competitive energy on killing machines You mean now we have to compete with the rest of the world? Because in the times I'm speaking of there were no other competitors, the entire world was a massive playground for European countries to show how cool they were by claiming as much of it as possible.
Replace "the entire world" with "the entire market" and "countries" with "companies" and this is still true. Now you have to provide goods and services that people want to buy instead of drawing lines on a map and killing each other over them.
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On March 06 2010 03:34 zeppelin wrote:Show nested quote +On March 06 2010 03:30 jello_biafra wrote:On March 06 2010 03:24 zeppelin wrote:On March 06 2010 03:20 jello_biafra wrote:On March 05 2010 18:55 Velr wrote:
Nearly whole europe including GB had a habbit of Invading other countries and especially France :p. But as it seems... The lesson was learned for now. Europe for sure took it's time to learn it but all that matters is the *now*.
Agreed, but that intense rivalry and competition lead to the ridiculous advances in technology and the spirit of exploration that allowed Europe to bring about the modern era and spread it across the world. On March 06 2010 02:31 Rothbardian wrote:On March 06 2010 02:20 {CC}StealthBlue wrote:On March 06 2010 01:59 TanGeng wrote:
Switzerland figured it out early. Peace & Prosperity & Self-defense.
Ever since the Treaty of Westphalia. It spared them all that death and destruction. You do realize the Nazi's did plan on invading Switzerland, right? Yes, they did. Did you also read where the Nazi's saw that they would have casualties numbering in the millions and decided not to invade? Why do you think that is? When you have a Nation of Militia where every single person is armed, and armed well you think you are going to invade them, or the French? Umm, defeating Switzerland wouldn't have been a problem for the Nazis at all, they were just kinda occupied with more important things at the time...it was certainly on their To Do List. :O And now they're free to compete with the rest of the world and have been relieved of the burden of having to spend a large amount of that competitive energy on killing machines You mean now we have to compete with the rest of the world? Because in the times I'm speaking of there were no other competitors, the entire world was a massive playground for European countries to show how cool they were by claiming as much of it as possible. Replace "the entire world" with "the entire market" and "countries" with "companies" and this is still true. Now you have to provide goods and services that people want to buy instead of drawing lines on a map and killing each other over them.
I guess you're right, does seem kinda boring compared to the good old days huh?
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On March 06 2010 03:35 jello_biafra wrote:Show nested quote +On March 06 2010 03:34 zeppelin wrote:On March 06 2010 03:30 jello_biafra wrote:On March 06 2010 03:24 zeppelin wrote:On March 06 2010 03:20 jello_biafra wrote:On March 05 2010 18:55 Velr wrote:
Nearly whole europe including GB had a habbit of Invading other countries and especially France :p. But as it seems... The lesson was learned for now. Europe for sure took it's time to learn it but all that matters is the *now*.
Agreed, but that intense rivalry and competition lead to the ridiculous advances in technology and the spirit of exploration that allowed Europe to bring about the modern era and spread it across the world. On March 06 2010 02:31 Rothbardian wrote:On March 06 2010 02:20 {CC}StealthBlue wrote:On March 06 2010 01:59 TanGeng wrote:
Switzerland figured it out early. Peace & Prosperity & Self-defense.
Ever since the Treaty of Westphalia. It spared them all that death and destruction. You do realize the Nazi's did plan on invading Switzerland, right? Yes, they did. Did you also read where the Nazi's saw that they would have casualties numbering in the millions and decided not to invade? Why do you think that is? When you have a Nation of Militia where every single person is armed, and armed well you think you are going to invade them, or the French? Umm, defeating Switzerland wouldn't have been a problem for the Nazis at all, they were just kinda occupied with more important things at the time...it was certainly on their To Do List. :O And now they're free to compete with the rest of the world and have been relieved of the burden of having to spend a large amount of that competitive energy on killing machines You mean now we have to compete with the rest of the world? Because in the times I'm speaking of there were no other competitors, the entire world was a massive playground for European countries to show how cool they were by claiming as much of it as possible. Replace "the entire world" with "the entire market" and "countries" with "companies" and this is still true. Now you have to provide goods and services that people want to buy instead of drawing lines on a map and killing each other over them. I guess you're right, does seem kinda boring compared to the good old days huh?
History is only exciting when you're not the one dying at 35 of dysentery without having ever taken a hot shower
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On March 06 2010 03:36 zeppelin wrote:Show nested quote +On March 06 2010 03:35 jello_biafra wrote:On March 06 2010 03:34 zeppelin wrote:On March 06 2010 03:30 jello_biafra wrote:On March 06 2010 03:24 zeppelin wrote:On March 06 2010 03:20 jello_biafra wrote:On March 05 2010 18:55 Velr wrote:
Nearly whole europe including GB had a habbit of Invading other countries and especially France :p. But as it seems... The lesson was learned for now. Europe for sure took it's time to learn it but all that matters is the *now*.
Agreed, but that intense rivalry and competition lead to the ridiculous advances in technology and the spirit of exploration that allowed Europe to bring about the modern era and spread it across the world. On March 06 2010 02:31 Rothbardian wrote:On March 06 2010 02:20 {CC}StealthBlue wrote:On March 06 2010 01:59 TanGeng wrote:
Switzerland figured it out early. Peace & Prosperity & Self-defense.
Ever since the Treaty of Westphalia. It spared them all that death and destruction. You do realize the Nazi's did plan on invading Switzerland, right? Yes, they did. Did you also read where the Nazi's saw that they would have casualties numbering in the millions and decided not to invade? Why do you think that is? When you have a Nation of Militia where every single person is armed, and armed well you think you are going to invade them, or the French? Umm, defeating Switzerland wouldn't have been a problem for the Nazis at all, they were just kinda occupied with more important things at the time...it was certainly on their To Do List. :O And now they're free to compete with the rest of the world and have been relieved of the burden of having to spend a large amount of that competitive energy on killing machines You mean now we have to compete with the rest of the world? Because in the times I'm speaking of there were no other competitors, the entire world was a massive playground for European countries to show how cool they were by claiming as much of it as possible. Replace "the entire world" with "the entire market" and "countries" with "companies" and this is still true. Now you have to provide goods and services that people want to buy instead of drawing lines on a map and killing each other over them. I guess you're right, does seem kinda boring compared to the good old days huh? History is only exciting when you're not the one dying at 35 of dysentery without having ever taken a hot shower
While I'm sure there were many cool things that went down that it would have been sweet to be a part of you are of course correct, the really fucked up thing is that the majority of humans on earth today are living in just such conditions.
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On March 06 2010 03:51 jello_biafra wrote:Show nested quote +On March 06 2010 03:36 zeppelin wrote:On March 06 2010 03:35 jello_biafra wrote:On March 06 2010 03:34 zeppelin wrote:On March 06 2010 03:30 jello_biafra wrote:On March 06 2010 03:24 zeppelin wrote:On March 06 2010 03:20 jello_biafra wrote:On March 05 2010 18:55 Velr wrote:
Nearly whole europe including GB had a habbit of Invading other countries and especially France :p. But as it seems... The lesson was learned for now. Europe for sure took it's time to learn it but all that matters is the *now*.
Agreed, but that intense rivalry and competition lead to the ridiculous advances in technology and the spirit of exploration that allowed Europe to bring about the modern era and spread it across the world. On March 06 2010 02:31 Rothbardian wrote:On March 06 2010 02:20 {CC}StealthBlue wrote:On March 06 2010 01:59 TanGeng wrote:
Switzerland figured it out early. Peace & Prosperity & Self-defense.
Ever since the Treaty of Westphalia. It spared them all that death and destruction. You do realize the Nazi's did plan on invading Switzerland, right? Yes, they did. Did you also read where the Nazi's saw that they would have casualties numbering in the millions and decided not to invade? Why do you think that is? When you have a Nation of Militia where every single person is armed, and armed well you think you are going to invade them, or the French? Umm, defeating Switzerland wouldn't have been a problem for the Nazis at all, they were just kinda occupied with more important things at the time...it was certainly on their To Do List. :O And now they're free to compete with the rest of the world and have been relieved of the burden of having to spend a large amount of that competitive energy on killing machines You mean now we have to compete with the rest of the world? Because in the times I'm speaking of there were no other competitors, the entire world was a massive playground for European countries to show how cool they were by claiming as much of it as possible. Replace "the entire world" with "the entire market" and "countries" with "companies" and this is still true. Now you have to provide goods and services that people want to buy instead of drawing lines on a map and killing each other over them. I guess you're right, does seem kinda boring compared to the good old days huh? History is only exciting when you're not the one dying at 35 of dysentery without having ever taken a hot shower While I'm sure there were many cool things that went down that it would have been sweet to be a part of you are of course correct, the really fucked up thing is that the majority of humans on earth today are living in just such conditions.
"Everyone deserves their circumstances" - an objectivist
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If some people are a little curious about what is going on, here is a brief article on the Greek crisis. The bond table to me best shows the health of the PIGS economies (I hate that acronym). It is The Economist, so take what you read with that bias in mind.
The Euro has already reacted to Greece's fiscal woes, so it shouldn't continue falling, even if Greece does declare bankruptcy. Personally, I would like to see Greece get kicked off of the Euro. The EU should go in and replace all of the Greek Euros with Drachma at a fixed exchange rate, the currency can be printed up in Brussels, and just leave the Greeks to their mess.
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Sanya12364 Posts
On March 06 2010 02:36 zatic wrote:
Get we get back on topic?
News sound increasingly disturbing. Can TL members from Greece please give some perspective what is going on. I'd rather hear the some first hand impressions on the Greek situation than 60 seconds of dramatic CNN footage of street riots.
Actually, I'd be interested in what Germany wants to do about the situation. Any news out of the German ruling bodies about a bailout in the works? Greece is rioting and striking just like they did a couple years ago.
Ahh PIIGS is Portugal Ireland Italy Greece and Spain. That's what that acronym is!!! I saw it a couple times and didn't register. Feel free to correct me if I'm wrong.
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On March 06 2010 03:25 zeppelin wrote:
What is it with libertarians and capitalizing arbitrary nouns? It's not the 1700s anymore guys, no matter how much you want it to be...
"When you have a Nation of Militia..." - this is like the written equivalent of wearing a fedora and a bowtie.
We sure like our bow-ties!
:p
Liberty is timeless.
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On March 06 2010 04:08 TanGeng wrote:Show nested quote +On March 06 2010 02:36 zatic wrote:
Get we get back on topic?
News sound increasingly disturbing. Can TL members from Greece please give some perspective what is going on. I'd rather hear the some first hand impressions on the Greek situation than 60 seconds of dramatic CNN footage of street riots. Actually, I'd be interested in what Germany wants to do about the situation. Any news out of the German ruling bodies about a bailout in the works? Greece is rioting and striking just like they did a couple years ago. Ahh PIIGS is Portugal Ireland Italy Greece and Spain. That's what that acronym is!!! I saw it a couple times and didn't register. Feel free to correct me if I'm wrong.
Hard to tell, there was a conference two days ago about a possible bailout and Germany was pretty clear about not bailing out Greece. Of course, if Greece actually looks like it will declare bankruptcy the Germans would probably be pretty quick to change their tune, since Germany and Switzerland hold most of the Greek debt.
Next week should at least be interesting.
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On March 06 2010 04:12 Rothbardian wrote:Show nested quote +On March 06 2010 03:25 zeppelin wrote:
What is it with libertarians and capitalizing arbitrary nouns? It's not the 1700s anymore guys, no matter how much you want it to be...
"When you have a Nation of Militia..." - this is like the written equivalent of wearing a fedora and a bowtie. We sure like our bow-ties! :p Liberty is timeless.
Yeah, but writing like a college student trying way too hard to sound like a very old man isn't.
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On March 06 2010 04:08 TanGeng wrote:Show nested quote +On March 06 2010 02:36 zatic wrote:
Get we get back on topic?
News sound increasingly disturbing. Can TL members from Greece please give some perspective what is going on. I'd rather hear the some first hand impressions on the Greek situation than 60 seconds of dramatic CNN footage of street riots. Actually, I'd be interested in what Germany wants to do about the situation. Any news out of the German ruling bodies about a bailout in the works? Greece is rioting and striking just like they did a couple years ago. Ahh PIIGS is Portugal Ireland Italy Greece and Spain. That's what that acronym is!!! I saw it a couple times and didn't register. Feel free to correct me if I'm wrong.
Well, the German government is trying hard not to comment anything.
If there are news, that Germany won't bailout Greece, then the interest rates on Greece public bonds will explode, which will make it even harder for Greece to get fresh money.
If there are news about Germany & the EU bailing out Greece, it will enrage the German people, as there is almost no support in the German public to bailout Greece with their tax money.
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hahaha I love you zeppelin.
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Can someone explain VAT in the EU right now and how it differs from the sales tax in the U.S.? I read a retarded article on Newsweek claiming that if the U.S. adopts the VAT system, then our debt troubles would be solved due to a huge surplus in tax revenue. All I see the difference is VAT is far larger than any sales tax in the U.S. (20% vs 10% avg). Any other differences that makes tax collection more efficient?
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all who post here are usa and australia on 1. side ^^
europe even greece xD have more money then alot of usa states xD
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Zurich15328 Posts
On March 06 2010 10:33 kakaman wrote:
Can someone explain VAT in the EU right now and how it differs from the sales tax in the U.S.? I read a retarded article on Newsweek claiming that if the U.S. adopts the VAT system, then our debt troubles would be solved due to a huge surplus in tax revenue. All I see the difference is VAT is far larger than any sales tax in the U.S. (20% vs 10% avg). Any other differences that makes tax collection more efficient?
There are different rates within Europe as well as the EU VAT allows rate flexibility up to a certain degree. They average around 20%.
This article an overview of the different VAT rates
http://en.wikipedia.org/wiki/European_Union_Value_Added_Tax
The difference as I understand it is that in the US resellers are not taxed at all, where with VAT resellers are taxed but can reclaim the VAT for their purchases (Thus only paying taxes for the value they add to the product). There is definitely a big difference, but I can't tell you if it would solve all your debt troubles...
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EPT![[image loading]](http://www.lewrockwell.com/rothbard/murraycolor150.jpg)
![[image loading]](http://therealrevo.com/blog/wp-content/uploads/2009/11/Bastiat.gif)
