P.S. - we're broke and have a large budget deficit which we have no clue on how to fund in order to continuing welfare services.
I too am wondering how much of some of the Nordic countries apparent wealth is due to being oil rich. I think only Norway is oil rich though.P.S. - we're broke and have a large budget deficit which we have no clue on how to fund in order to continuing welfare services.
The entire world has gone from long term thinking to short term profits.But right now, we're happy! Who cares about the future?
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that's why you need globalization. so you can follow the money around like hot potato. It never runs out, but it sure does get passed aroundThis has been discussed endlessly here. Socialism can work for a time if you don't have a massive underclass like we do, and if you don't have open borders, which we effectively do have. It also helps if, like the Nordic countries and the rest of Europe, you let the US pay the tab for your national defense.
Eventually however, Margaret Thatcher's observation will catch up with you. You run out of other people's money to spend.
genetics and environmentBut the pastries though...
Its a miracle of discipline that every danish person doesn't weigh 300 lbs.