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Thread: Once again Scandinavia is true to itself

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    Quote Originally Posted by Harkonnen View Post
    Well euro too is pretty shitty currency as it is. The amount of US recovery money has now been 200% higher than the total recovery spendings in all of EU. Most of the stimulus money is created from scratch. Even before the economic mishaps caused by corona, 50 cents, or 50%, of every dollar spent by the federal (public sector) has been created from scratch by printing or digitally. The European Central Bank does not have the same recovery potential at all as the US Federal Reserve. ECB can't create money from scratch like the Fed, and base recovery on this, it would lead to a collapse in the value of the euro. The Fed can print dollars and create it digitally from nothing and fully base its 2000 billion stimulus package on such activities. The dollar is the global trade currency and the world’s most important reserve currency, all countries need it and have to buy dollars to trade, to buy raw materials like oil and gas and metals, concrete or just about anything. There are few exceptions in the world in this regard. Therefore, the value of the dollar cannot collapse, as can the value of the euro if it begins to create from scratch massive amounts of money. One exception can be mentioned for bilateral trade between two countries. According to their agreement, China and Russia use rubles and yuans (Renminbin) in trade. This is a single rather desperate gesture from these countries to try to put the sticks in the wheel of dollar hegemony. Saddam Hussein sought to go to battle against the hegemony of the dollar by announcing that the country would start trading oil in euros. Americans put a stop to these foolish ideas via help from their military power. All other reasons for the invasion of Iraq, were just nonsense, typical false flag ramblings.

    You know well what I meant. Finland's own currency, Finn mark (which was totally healthy currency as such) faced attacks by foreigner forces. Speculators who tried to influence on the value of Finn mark and get profits via its course changes. Yes, it was too small (read weak) currency to avoid that kind of hostile actions. My parents have told me. Also if you had bank loans, the interest rates were totally different levels than now in Euro era. Probably partly via same reasons.

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    Quote Originally Posted by Finnish Swede View Post
    You know well what I meant. Finland's own currency, Finn mark (which was totally healthy currency as such) faced attacks by foreigner forces. Speculators who tried to influence on the value of Finn mark and get profits via its course changes. Yes, it was too small (read weak) currency to avoid that kind of hostile actions. My parents have told me. Also if you had bank loans, the interest rates were totally different levels than now in Euro era. Probably partly via same reasons.
    No not really. Problems with markkanen were mainly caused by own dumbass monetary policy decisions and the fixed markka. The floating markka worked just great. Also read this https://www.washingtonpost.com/news/...nently-poorer/

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    Quote Originally Posted by Token View Post
    Tfw Italians find out that their nation was founded almost single-handedly by a blond Nordic man









    Blond Nordic Italians are mostly found in Northern Italy. But I think it will change due to the increased mobility provided by it's high speed rail network and political unity.

    Sent from my Redmi Note 4 using Tapatalk

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    Quote Originally Posted by yalgaar View Post
    Blond Nordic Italians are mostly found in Northern Italy. But I think it will change due to the increased mobility provided by it's high speed rail network and political unity.

    Sent from my Redmi Note 4 using Tapatalk
    Our downfall ( 1800-1900 ) was caused by two Italians .. the pig called Napoleone Bonaparte and the freemason called Garibaldi ..

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    Quote Originally Posted by Blondie View Post
    If you want feudalism, why don't you go to North Korea? But seriously, that's a real feudal system. Peoples are proud and poor as well, they are just peasants without human rights, the leader has absolute power etc. Sounds a real paradise for you
    In fact, the capitalist West did very well, til they got marxist/socialist influence from Marx and the Soviet Union, it was the moment when the West has started to decline. It is the roots of the problem. Just ask Dunai and other kultur-marxists, what do they think about capitalism. I had tons of debate with them.
    Being critical of laissez-faire Capitalism is not the same as wishing the abolition of Capitalism. I am a very moderate Leftist from this perspective, since I don't see any realistic chance of replacing free-market Capitalism with complete Socialism, this is why I believe very strongly in regulated Capitalism, just like any SocDem, so human rights and environmental concerns would have a priority over profit. As usually, you completely mischaracterize my views.

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    Quote Originally Posted by Stearsolina View Post
    Funny to see how Croatia pays more per person than all other eastern EU members and even more than Portugal, Cyprus, Greece, Malta and Luxembourg (and on same level as much richer Spain) despite we are second poorest country in the EU. Orban is really milking the EU, hahaha!
    It says everything about how completely incompetent the economic policies of the Orbán government are, that even if his government got among the most per-capita funds from the EU in the past 10 years, basically all regional countries had a better or much better economic growth during this decade than Hungary. It's easily one of the most pathetic performances of any governments in Europe, but brain-rotten Hungarians still think he's some sort of national hero, loooool

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    Quote Originally Posted by Dunai View Post
    It says everything about how completely incompetent the economic policies of the Orbán government are, that even if his government got among the most per-capita funds from the EU in the past 10 years, basically all regional countries had a better or much better economic growth during this decade than Hungary. It's easily one of the most pathetic performances of any governments in Europe, but brain-rotten Hungarians still think he's some sort of national hero, loooool
    Maybe because being rich isnt the be all and end all in life... and intelligent Hungarians know it.

    I grew up with money but prefe to give it away if my soul is constantly tortured by degeneracy.
    “For we wrestle not against flesh and blood, but against principalities, against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.” Eph. 6:12

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    Quote Originally Posted by Dunai View Post
    It says everything about how completely incompetent the economic policies of the Orbán government are, that even if his government got among the most per-capita funds from the EU in the past 10 years, basically all regional countries had a better or much better economic growth during this decade than Hungary. It's easily one of the most pathetic performances of any governments in Europe, but brain-rotten Hungarians still think he's some sort of national hero, loooool
    He's very competent, he took billions from EU but doesn't follow what they say. He brought tons of foreign investment and jobs to Hungary, both from EU and places like China.
    Main problem with Orban is his extreme corruption.

    You dislike him because he is ideologically on opposite end of spectrum from you, but that's another matter.
    Btw, Hungarian salaries had large rise in last decade.

    Compared to Gyurcsany government, Orban is a wizzard.

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    Quote Originally Posted by Stearsolina View Post
    He's very competent, he took billions from EU but doesn't follow what they say. He brought tons of foreign investment and jobs to Hungary, both from EU and places like China.
    Main problem with Orban is his extreme corruption.

    You dislike him because he is ideologically on opposite end of spectrum from you, but that's another matter.
    Btw, Hungarian salaries had large rise in last decade.

    Compared to Gyurcsany government, Orban is a wizzard.
    Are you aware that Romania was lagging quite behind Hungary economically until the late 2000s, and nowadays they almost are on the same level, and they achieved this by having constant governmental turmoil during the past 10 years (like a new government every year)? Hungarian economy is incredibly under-performing given how much subsidies it got from the EU, complete political stability, and still produces such small growth. Even the head of the Hungarian National Bank, who is a puppet of Orbán, constantly laments how disappointing Hungarian economy is, which is very rare from a government official, since the success-propaganda is the only accepted party line. I won't even mention our other regional neighbors, like Slovakia, Slovenia, Czechia and Poland which are way-way ahead of Hungary these days. It very much looks like if this government will remain in the next years, Hungary will mostly be on the level of Bulgaria within the EU.

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    Quote Originally Posted by Dunai View Post
    Are you aware that Romania was lagging quite behind Hungary economically until the late 2000s, and nowadays they almost are on the same level, and they achieved this by having constant governmental turmoil during the past 10 years (like a new government every year)?
    They are not, their household income is still on bottom of EU and their infrastructure is very poor. I've only visited Transylvania and it looks like a poor place. Difference when crossing the border to Hungary is notable.
    But it's true Romania made much progress since joining the EU and continues to do so.

    They are officialy ahead of Croatia but they feel visibly less developed. Hungary in comparsion feels visibly more developed (to Croatia).

    Hungarian economy is incredibly under-performing given how much subsidies it got from the EU, complete political stability, and still produces such small growth. Even the head of the Hungarian National Bank, who is a puppet of Orbán, constantly laments how disappointing Hungarian economy is, which is very rare from a government official, since the success-propaganda is the only accepted party line. I won't even mention our other regional neighbors, like Slovakia, Slovenia, Czechia and Poland which are way-way ahead of Hungary these days. It very much looks like if this government will remain in the next years, Hungary will mostly be on the level of Bulgaria within the EU.
    Not really sure about Slovakia. My friend lives in Bratislava which is experiencing huge boom due to promixity to Vienna, but she says rest of Slovakia outside of Bratislava feels kind of underdeveloped and sleepy.
    In her opinion, excluding Bratislava metro, Slovakia does not feel more advanced than Croatia at all (and in some aspects it's below).

    And we are not a neighbour too? Croatia was ahead of Slovakia, Poland, Romania, Baltic states etc in early 2000s and now it is on bottom of EU. What should we say?
    People her would kill for economic results of Orban.

    He also significantly reduced foreign debt, he has big export and unemployment rate is at record lows. Not to mention stuff like electricity and food are among cheapest in the EU.
    Even the demography is improving and more people move into Hungary than leave it.

    Slovenia and Czechia were ahead of Hungary from the start, for Poland I can't comment since I am not familiar but yes, for them I heard them made giant leap forward.

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