Denmark Was Like Greece, Now It’s Really Happy

[Sig]

The funny thing about all those countries you mention (Denmark, Finland, Sweden, Norway and New Zealand and Canada) is they ALL lost 15% or more of their GDP in 2015...and you want to listen to THEM?

This is a complete and utter fabrication!!! What, do you think you just get to make shit up and no-one is going to call you on it? Let me give you the numbers here, real numbers in USD you too can check at https://data.oecd.org/gdp/gross-domestic-product-gdp.htm:

2014 GDP 2015 GDP Percent Change
Denmark 47,810 48,994 2.5%
Finland 41,504 42,268 1.8%
Sweden 46,405 47,823 3.1%
Norway 65,658 62,025 -5.5%
New Zealand 36,983 37,223 0.6%
Canada 45,083 44,201 -2.0%

As you can clearly see, all but two of the countries you claim "lost 15% of their GDP in 2015" actually increased their GDP in 2015. The two who actually did "lose GDP" had a decline of 2% and 5.5% respectively, which is a far cry from 15%.
I expect that now you realize that you've been duped by whoever you're getting your news from, you'll change your worldview...just a little tiny bit...to reflect reality? No, too much to ask?

 

[peilthetraveler]

This is a complete and utter fabrication!!! What, do you think you just get to make shit up and no-one is going to call you on it? Let me give you the numbers here, real numbers you too can check at https://data.oecd.org/gdp/gross-domestic-product-gdp.htm:

2014 GDP 2015 GDP Percent Change
Denmark 47,810 48,994 2.5%
Finland 41,504 42,268 1.8%
Sweden 46,405 47,823 3.1%
Norway 65,658 62,025 -5.5%
New Zealand 36,983 37,223 0.6%
Canada 45,083 44,201 -2.0%

Those are not GDP numbers you linked. It looks more like average income numbers.

 

[zdreg]

and Trump wants to bring back low-paying manufacturing jobs ...

there is nothing wrong with getting people off welfare and generations x and y away from playing video games in their parents" basements.

 

[zdreg]

Those are not GDP numbers you linked. It looks more like average income numbers.

Sig sees racism everywhere when making comparisons. .

That's an incomplete report. You can't just choke off borrowing to reach prosperity. I mean yes, prudent fiscal and monetary policy is a sound way to manage money but to obtain prosperity, you must be able to EARN money otherwise you would still have to resort to borrowing to make ends meet (especially if you are accepting large migrants which is the next thing that Denmark needs to control IF it doesn't want to see itself borrowing again).

The problem with Greece isn't just with its borrowing; it's because it REALLY cannot do anything to earn positive revenue. Right off the bat, Greece doesn't have high-revenue luxury products/services like Rolex watches that can amass thousands of $$'s a sale. All it sells are low-cost, cheap everyday items which it can't sell right now because of the expensive Euro that it's been forced to adopt.

Denmark is able to have strong economy not simply because it restricted borrowing; it's mainly because it's making money, lots of it doing something right which this article didn't mention at all. And whatever it's doing right, maybe it can share with Greece right now to help Greece out a little?

less socialism and more entrepreneurship?

 

[Sig]

Those are not GDP numbers you linked. It looks more like average income numbers.

They are, did you even bother to follow the link, or are you so resistant to the truth that you refuse to even check if the numbers you made up have even the remotest semblance of truth to them (hint: they don't)? I'd be happy to see your links that show your original assertion correct, unlike you I'll actually read the link and change my viewpoint when shown evidence the disproves my prior belief's, something you seem completely incapable of.

 

[JSOP]

less socialism and more entrepreneurship?

entrepreneurship selling WHAT? That's the idea. I think Greece is ready to embrace entrepreneurship too but what can they sell to compete with countries like India, Indonesia, Thailand, Vietnam, Cambodia, China and now even cheaper African nations when it's laden with a currency that's even more expensive than the USD when all the other cheap nations' currencies are as cheap as 1/1000 of the USD??!!

That's the problem. I think the first thing Greece should do is get out of EU and go back to drachma or risk living as a beggar nation forever.

 

[zdreg]

[

https://newrepublic.com/article/118294/us-should-copy-sweden-and-denmarks-work-family-policies

Also:

http://www.businessinsider.com/countries-with-best-parental-leave-2016-8/?r=AU&IR=T

per chart Spain is still the home of proverbial Latin men.
per chart Australia still has a little of the frontier mentality left.

before your feathers fly,Sig, the chart doesn't prove the above.

 

[Martinghoul]

Negative growth rates combined with falling/failed currency.

http://www.tradingeconomics.com/sweden/gdp
http://www.tradingeconomics.com/denmark/gdp
http://www.tradingeconomics.com/new-zealand/gdp
http://www.tradingeconomics.com/canada/gdp

Falling/failed currency? 15% drop in GDP?

Peil, man, whatever it is that you're smoking, I really wanna have some of that good sh1t...

Actually, I see what you're doing here. You're actually adjusting a given year's nominal GDP level for each of these countries by the USD exchange rate. You should stop doing that, really, 'cause it's kinda dumb.

To paraphrase the Donald: "Sad!"

 

[JSOP]

Those are not GDP numbers you linked. It looks more like average income numbers.

The funny thing about all those countries you mention (Denmark, Finland, Sweden, Norway and New Zealand and Canada) is they ALL lost 15% or more of their GDP in 2015...and you want to listen to THEM?

Hey! Stop putting us Canada down!! We never lost 15%!! If we did, the country will be in upheaval. No more polite Canadians. We had a bit a slowdown yes, due to the stupid Saudi choosing to violate the oil production quota that drove the oil prices down to s***. And we are fixing that right now to try to branch off to alternative energy, something that our last PM should've done long time ago instead of protecting his oil-producing home province.

Hate it when you are stuck with a short-sighted selfish politician!!

 

[OddTrader]

Year 2015 data update :

http://www.sbs.com.au/news/article/...-compares-internationally-paid-parental-leave