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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lee who wrote (26298)	1/22/2003 3:34:54 PM
From: Louis V. Lambrecht	Read Replies (2) \| Respond to of 36161

Geez! Steve! Who pays what, who gets some in Europe! I wish I had a link. All I can figure is to search through the national budgets. In twenty languages. US/UK links: I completely agree with you, easier to trade using the same language, almost same culture. Beyond this, there are historical ties that cannot be denied. EU paid roads and so on: there is a priority plan in the EU to grant help to unfovoured regions (not countries, regions). Part of the EU policy of nations as opposed to policy of countries. People who can't be bothered to work: caution! Sensitive statistics those unemployment ones. If I am correct, unemployement statistics are based on the receivers of unemployment benefits. Some countries support unemployed with a "minimum standard of living" allowance, other countries are less liberal and send the "unemploed" to Social Security. Unemployed are in the statistics, SS benificiaries not. IMHO, an unemployment rate of 12% in Europe is not far from 5% in the US. Capital misallocation: I completely agree, this is waste of means. Don't throw Europe the first stone. agricultural subsidies already accounting for 25 percent of the value of farm output in the United States inequality.org people in the UK are queueing in traffic and paying horrendous prices for road tax, insurance and petrol, but such capital misallocation is a result of the interventionist policies of the Union of European Socialist Republics. Pardon me? AFAIK the mess in the London tube, UK railways, mismanaged infrastructure and ensuing taxes are the result of a complete miss of UK's privatization. Don't blame the EU: this is a national government failure. Btw: are you moving to Cyprus next? Lotsa EU doh to move there soon. AS you already are accointed with the language...<vbg>