miles wrote
Rod Speed wrote
krw wrote
says...
miles wrote:
Socialism is a failure. Most European socialist countries have
absurdly high taxes that is crippling. Along with absurd income
taxes they also pay incredible sales taxes (15%) and $7+ gas most
of which is tax. In the UK they are having to reduce funding of
free collage in order to pay for a cash strapped healthcare system.
If the European countries are crippling under their tax burdens, any
suggestions why why the Euro has gained 40+% in value vs. the US
dollar over the past 6 years?
Likely because other countries are trying to balance their currency holdings.
Nope, its primarily due to the terminal stupidity of the immense
amount of money the US is ****ing against the wall in Iraq with
that being funded by deficits and not out of taxation.
Oh geez. Another political zealot
Thats just you projecting, child.
thats clueless!
This from the political zealot that cant even manage to work
out the basics, that ALL modern first world econonmys are
a mixture of socialism and capitalism, including the US.
Cant get any more clueless than that.
The dollar trade value has far more to do with interest rates in the USA
Have fun explaining the recent sag in the USD on that basis.
as well as the trade deficit
Have fun explaining the recent sag in the USD on that basis.
and the fact that so many countries tie their currency to the $.
**** all that matter do except china and that doesnt explain
why the USD has sagged with respect to the Euro anyway.