1/4 in Spain unemployed.

Quote from smallStops:

First, I have contributed a lot to "national common pot of money".

Now, if you look to a country income/expenses, you will notice that
these benefits to people, are usually a small amount compared tp other type of spendings.
As you are in the US, I wonder what is the annual military spending - including subsidies to companies and staff ( via scolarships, secondments, ...).
Personally, I am more keen, after say a 3 months benefit periods, for people to be given quasi automatically an activity in exchange for benefits. I can't really see what good it does for people not to have to wake up for some productive activities. Just remember I am a trader. lol.

Defense spending is only 14% of our total government budget when you combine Federal, State and Local.
 
http://www.usgovernmentspending.com/

Total Spending $6.2 trillion

Pensions $1.1 trillion
Health Care $1.1 trillion
Education $0.8 trillion
Defense $0.9 trillion
Welfare $0.7 trillion

If this is a reflection of the aging population?

26% - not neglectable - is remainder. and remainder is what?
where does the bailouts show up?
 
Quote from smallStops:

http://www.usgovernmentspending.com/

Total Spending $6.2 trillion

Pensions $1.1 trillion
Health Care $1.1 trillion
Education $0.8 trillion
Defense $0.9 trillion
Welfare $0.7 trillion

If this is a reflection of the aging population?

26% - not neglectable - is remainder. and remainder is what?
where does the bailouts show up?

I don't have any idea where bailouts show up, but I'm sure they would be in that "remainder" category, which also includes such things as.....

-Roads & Infrastructure
-Debt Service
-Local departments such as health departments, libraries, court systems, prisons, DMV's, etc
 
The problem is, once employed, if you get fired the next day...you get unemployment for a year. who wants to risk that?

and now there will be 100,000 applications for a job, so why not pay them less? of course people are exploited....this is how it works.

so open an account and make millions.....quit being lazy!!!!

we are finance people.....we have no soul!!!!

I will hire 100 of them for 0.01 per hour, only if experts in programming!!! I am a capitalist!!!

lol
 
Quote from Mtrader:

Scandinavian countries have a different form of socialisme. You cannot compare it.
Scandinavian countries are selfsupporting in energy, south europe not. Scandinavian countries have very high taxregimes, south europe not.....
Scandinavian has more a socialistic form of capitalism.

Scandinavian countries have social democracy, which is different than socialism, which from a strict academic standpoint never really have existed in real life.
 
Quote from smallStops:

I think we can agree that corruption is the root of the problem.
corrupt politicians should definitively be sent to jail and made to pay back any money stolen from the national common pot of money.
I think the Greeks started to understand that lately.

Both yes and no. Southern Europe have been on a spending spree, while Norther Europe has been rather thrifty, despite the boom years before the financial crisis. Now, everyone wakes up after the binge drinking party with a hangover, wondering what happened the day before, and waiting for someone else to clean up the mess for them. EU has never been more divided than since WWII and countries like Spain are losing a generation through astronomic unemployment.
 
Quote from smallStops:

http://www.usgovernmentspending.com/

Total Spending $6.2 trillion

Pensions $1.1 trillion
Health Care $1.1 trillion
Education $0.8 trillion
Defense $0.9 trillion
Welfare $0.7 trillion

If this is a reflection of the aging population?

26% - not neglectable - is remainder. and remainder is what?
where does the bailouts show up?

Interesting, I saw that the TARP amounted to the entire historical budget of NASA - now the US is no longer able to send people into space...misallocation of resources?
 
Quote from bonds:

How is the Spanish stock market doing so well? Its practically at a 52 week high, up about 25% year over year?

the currency is wall paper. the same for the $US got to get rid of the garbage fiat currency.
 
Quote from zdreg:

the currency is wall paper. the same for the $US got to get rid of the garbage fiat currency.

Spain doesn't have its own currency.
 
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