Subject:
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Re: What happened?
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Mon, 19 Jul 1999 12:05:48 GMT
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Reply-To:
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{lpieniazek@novera}NoSpam{.com}
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Viewed:
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1054 times
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You were getting on about how great Europe is compared to the US. My
point is that the US economy, having just went through a period of some
deregulation, and a period in which a number of new industries sprang up
faster than the government could figure out how to tax/regulate them is
a bit insulated from the business cycle (which is caused by government
intervention in the markets. Business cycles are not a "natural and
inevitable" thing) and thus is booming.
You also said that we cannot compare the US and Europe. So I'm comparing
two euro economies...
The Republic of Ireland didn't have a lot of terrorist strikes lately,
no? I'm not referring to the occupied territories, but the independent
part. So no, it's not because of bombing cessation that it's booming.
Rather, it's because the RoI is less regulated/taxed than the average
euro state (despite silly regs about granting pub licenses)... and FRG
is MORE regulated. Hence the disparity in economies. Germany stagnates,
Ireland booms. So much for planned economies and the socialist
wonderstate.
Go ahead, try to explain away the difference some other way.
Carbon 60 wrote:
>
> Larry Pieniazek wrote:
> > Why is that, exactly? Compare and contrast the unemployment rate in
> > Germany to that in Ireland. Factor of 4 difference. Why? What's
> > different, exactly? Discuss.
>
> I thought we was comparing the US Economy to that of Europe's.
> Ireland's economy is improving because of the peace agreement - money is
> flooding in because it won't get blown up by terrorist ground strikes.
> Germany however and to squeeze it's economy into the Euro and so
> thousands of jobs were lost - it had to conform to the conditions of the
> Maastricht Treaty - I can't remember what they are.
>
> > I'll bite. What? Why?
>
> It goes bust! It's the way capitalist 'market forces' work.
> The UK Economy is now specifically engineered to stop it booming but
> also to stop it going bust mostly by strict control of inflation by use
> of interest rates.
>
> --
> Carbon 60
> ICQ # 5643170
--
Larry Pieniazek larryp@novera.com http://my.voyager.net/lar
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NOTE: I have left CTP, effective 18 June 99, and my CTP email
will not work after then. Please switch to my Novera ID.
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Message has 3 Replies:
 | | Re: What happened?
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| (...) OK. (...) The Republic of Ireland has always been poorer than Northern Ireland, one of the reasons people in NI want to stay part of the UK. Bombings appeared both sides of the border, just because none have occured in the last year doesn't (...) (25 years ago, 19-Jul-99, to lugnet.off-topic.debate)
| | | Re: What happened?
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| (...) I'd strongly dispute that. Business cycles have been happening for centuries, since long before Governments started interventionist economic policies. To a large extent those interventionist policies in many countries started in response to (...) (25 years ago, 20-Jul-99, to lugnet.off-topic.debate)
| | | Re: What happened?
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| On Mon, 19 Jul 1999 12:05:48 GMT, Larry Pieniazek <lar@voyager.net> wrote: You know, up til now, what you said made at least a modicum of sense. (...) Business cycles have _nothing_ to do with government interventions. There have been documented (...) (25 years ago, 26-Jul-99, to lugnet.off-topic.debate)
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Message is in Reply To:
| | Re: What happened?
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| (...) I thought we was comparing the US Economy to that of Europe's. Ireland's economy is improving because of the peace agreement - money is flooding in because it won't get blown up by terrorist ground strikes. Germany however and to squeeze it's (...) (25 years ago, 18-Jul-99, to lugnet.off-topic.debate)
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