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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (61797)3/10/2010 2:10:32 AM
From: elmatador2 Recommendations  Read Replies (2) | Respond to of 218083
 
Welfare state is for a stage the country is poor. To avoid socialism the oligarchs put in place welfare state.

But once the country gets rich the welfare state is not dismantled.

It reaches a point that the economy can no longer sustain the welfare state. They borrow to pay for it and go bankrupt.

Greece and the welfare state in ruins
washingtonpost.com



To: TobagoJack who wrote (61797)3/10/2010 2:23:10 AM
From: elmatador  Respond to of 218083
 
Germans are right to put pressure on Greece. See Hartz Laws:
news.google.com

The Germans cunningly -as always- did not impose Hartz Laws Europre-wide.

Why? On top of the ruins of the countries who keep their welfare state intact, and go bankrupt, Germany will come out on top.

They know the value of coming out intact after a big collapse.

Ask the US and Sweden who came out intact after WII.

Brazil you have to ask in 2020 :-)


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