The only country with AAA credit rating in Europe
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24-07-2012, 05:44 AM
The only country with AAA credit rating in Europe
It's funny that the only country that has the only triple A credit rating is Finland a socialist country.

History, I believe, furnishes no example of a priest-ridden people maintaining a
free civil government. This marks the lowest grade of ignorance, of which their
political as well as religious leaders will always avail themselves for their
own purpose. ~ Thomas Jefferson
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25-07-2012, 10:37 PM
RE: The only country with AAA credit rating in Europe
I have a few friends who are Finns and they avoid using the socialist aspects of their country when they can just because it's a hinderance to their lives in the area they live in.

Free healthcare is nice, but it's difficult to get an appointment sometimes. Planning 6 months ahead for a cavity would be a useful skill to have.

In the bigger cities it might be different though. Probably Helsinki and Turku would be nice to live in.

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26-07-2012, 05:03 AM
RE: The only country with AAA credit rating in Europe
What's your point?

Singapore has a higher credit rating and it doesn't even have a welfare system.

There are several factors resulting in this including imports and exports.
Finland's exports are very diversified, they sell to a lot of countries where as most other EU countries sell among each other and the US.
(Diversifying the number of markets you sell your goods on is the key to minimizing economical crisis's and preventing future global economical crisis's ).

Socialism is not the opposite of capitalism.

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26-07-2012, 05:35 AM
RE: The only country with AAA credit rating in Europe
"Hmmmmm..." - says Filox and turns on his super-logic...

"But, earmuffs, how can one country have higher credit rating than some other, if they both have AAA credit rating and that is the highest it goes?" - Filox felt the need to ask.

Big Grin

And I think that Ohio just wanted to show people in USA who are terrified of the word "socialism", that it is not that bad, how there are countries that flourish under socialism, without any "bad communist crimes".

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26-07-2012, 07:22 AM (This post was last modified: 26-07-2012 07:25 AM by earmuffs.)
RE: The only country with AAA credit rating in Europe
(26-07-2012 05:35 AM)Filox Wrote:  "Hmmmmm..." - says Filox and turns on his super-logic...

"But, earmuffs, how can one country have higher credit rating than some other, if they both have AAA credit rating and that is the highest it goes?" - Filox felt the need to ask.

Big Grin

And I think that Ohio just wanted to show people in USA who are terrified of the word "socialism", that it is not that bad, how there are countries that flourish under socialism, without any "bad communist crimes".

Each country is given an overall score out of 100.
Singapore has 88.03
Finland has 84.30

Actually, Finland isn't even the highest.
As of June 2012:

Norway 90.37
Switzerland 88.83
Singapore 88.03
Luxembourg 87.90
Sweden 86.79
Finland 84.30
Canada 84.26
Denmark 83.52
Netherlands 83.07
Germany 82.24

It's worth noting that all those countries have AAA.
Just what the OP is talking about is Luxemburg, Netherlands and Germany have a negative rating so that if they do not improve in the next few months that they will be downgraded.

The rating system is a good indication of how good a country is at balancing the books but hardly a good system on determining standard of living and hardly proves one method is better then an other (social method) which is what the OP is implying.

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26-07-2012, 08:30 AM
RE: The only country with AAA credit rating in Europe
Norway - Unitary parliamentary constitutional monarchy

Switzerland - Federal republic, with directorial system and direct democracy

Singapore - Unitary parliamentary republic

Luxembourg - Unitary parliamentary constitutional monarchy

Sweden - Constitutional monarchy, Unitary parliamentary representative democracy

Finland - Parliamentary republic

Canada - Federal parliamentary democracy and constitutional monarchy

And so on... It appears that there s no link to the type of government and the prosperity of that country... May be it has to do with the normal people that live in those countries?

Consider

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29-07-2012, 08:24 AM
RE: The only country with AAA credit rating in Europe
(26-07-2012 07:22 AM)earmuffs Wrote:  
(26-07-2012 05:35 AM)Filox Wrote:  "Hmmmmm..." - says Filox and turns on his super-logic...

"But, earmuffs, how can one country have higher credit rating than some other, if they both have AAA credit rating and that is the highest it goes?" - Filox felt the need to ask.

Big Grin

And I think that Ohio just wanted to show people in USA who are terrified of the word "socialism", that it is not that bad, how there are countries that flourish under socialism, without any "bad communist crimes".

Each country is given an overall score out of 100.
Singapore has 88.03
Finland has 84.30

Actually, Finland isn't even the highest.
As of June 2012:

Norway 90.37
Switzerland 88.83
Singapore 88.03
Luxembourg 87.90
Sweden 86.79
Finland 84.30
Canada 84.26
Denmark 83.52
Netherlands 83.07
Germany 82.24

It's worth noting that all those countries have AAA.
Just what the OP is talking about is Luxemburg, Netherlands and Germany have a negative rating so that if they do not improve in the next few months that they will be downgraded.

The rating system is a good indication of how good a country is at balancing the books but hardly a good system on determining standard of living and hardly proves one method is better then an other (social method) which is what the OP is implying.

Funny 5 of them country's on the top are socialist in thinking. I don't see it such a bad way to go. Only in America it is demonized. It makes me laugh. Oh the country's are: The Netherlands, Denmark, Sweden, Norway, and Finland.

History, I believe, furnishes no example of a priest-ridden people maintaining a
free civil government. This marks the lowest grade of ignorance, of which their
political as well as religious leaders will always avail themselves for their
own purpose. ~ Thomas Jefferson
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29-07-2012, 09:15 PM (This post was last modified: 29-07-2012 09:19 PM by earmuffs.)
RE: The only country with AAA credit rating in Europe
(29-07-2012 08:24 AM)N.E.OhioAtheist Wrote:  
(26-07-2012 07:22 AM)earmuffs Wrote:  Each country is given an overall score out of 100.
Singapore has 88.03
Finland has 84.30

Actually, Finland isn't even the highest.
As of June 2012:

Norway 90.37
Switzerland 88.83
Singapore 88.03
Luxembourg 87.90
Sweden 86.79
Finland 84.30
Canada 84.26
Denmark 83.52
Netherlands 83.07
Germany 82.24

It's worth noting that all those countries have AAA.
Just what the OP is talking about is Luxemburg, Netherlands and Germany have a negative rating so that if they do not improve in the next few months that they will be downgraded.

The rating system is a good indication of how good a country is at balancing the books but hardly a good system on determining standard of living and hardly proves one method is better then an other (social method) which is what the OP is implying.

Funny 5 of them country's on the top are socialist in thinking. I don't see it such a bad way to go. Only in America it is demonized. It makes me laugh. Oh the country's are: The Netherlands, Denmark, Sweden, Norway, and Finland.

You're reading but you're not listening.
Credit rating has nothing to do with anything except how well a country is able to balance its books.

If you want to judge countries based on economical statistics, here is some statistics for you:
GDP in Millions US$ (2010)
Top 5
USA - 14,447,100
China - 5,739,358 (this is 2years old, China is over 7,000,000 now while US is just over 15. China has a lot more growth, but that will slow greatly soon)
Japan - 5,458,873
Germany - 3,280,334
France - 2,559,850

Scandinavia (and Netherlands)
16th - Netherlands - 779,310
22nd - Sweden - 458,725
24th - Norway - 413,056
35th - Finland - 238,731

To put that into perspective.
Greece is 32nd.
Iran is 26th.
Mexico is 14th.
Turkey is 17th.
Singapore is 39th.

See how pointless economical stats are in defending a case for or against one form of government over another. Sure Finland may have a AAA rating and the US is lower (what are they now? AA?), but at the end of the day it matters little as how much Finland can borrow in relation to how much the US could borrow is, well, let's just say that the US is getting the cruise liner and Finlands getting the rowboat.

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30-07-2012, 04:35 AM (This post was last modified: 30-07-2012 04:51 AM by earmuffs.)
RE: The only country with AAA credit rating in Europe
I would also like to add average persons income.
Now that is actually a good statistic to show standard of living.

1st - US - $52,607
17th - Finland - $35,707


edit: ooooooooooooooooooooo I found some more stats.
This time cost of living! Excited? I know I am!

Surprise surprise.
List of countries by cost of living (most expensive to least)

1st - Norway
2nd - Switzerland
3rd - Japan
4th - Monaco (bit of a bummer, wouldn't mind living there)
5th - Australia

9th - Netherlands
11th - Sweden
14th - Finland
19th - Singapore
34th - USA
79th - China

So not only are you earning less, but you're paying more.
huh.


So have we learned something today? I think we have.
Shall we recap on what we have learned tonight?
- Get to know what the stats mean
- Don't imply they mean something they don't mean
- Socialism is not superior to non-socialism just as non-socialism is not superior to socialism
- You jelly of US bro?
- Muffs is a giant pompous ass.

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03-08-2012, 08:37 PM
RE: The only country with AAA credit rating in Europe
(30-07-2012 04:35 AM)earmuffs Wrote:  I would also like to add average persons income.
Now that is actually a good statistic to show standard of living.

1st - US - $52,607
17th - Finland - $35,707


edit: ooooooooooooooooooooo I found some more stats.
This time cost of living! Excited? I know I am!

Surprise surprise.
List of countries by cost of living (most expensive to least)

1st - Norway
2nd - Switzerland
3rd - Japan
4th - Monaco (bit of a bummer, wouldn't mind living there)
5th - Australia

9th - Netherlands
11th - Sweden
14th - Finland
19th - Singapore
34th - USA
79th - China

So not only are you earning less, but you're paying more.
huh.


So have we learned something today? I think we have.
Shall we recap on what we have learned tonight?
- Get to know what the stats mean
- Don't imply they mean something they don't mean
- Socialism is not superior to non-socialism just as non-socialism is not superior to socialism
- You jelly of US bro?
- Muffs is a giant pompous ass.






Thatcher had it right...the left would rather see the poor poorer so long as the rich were less rich.
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