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Letters by a modern St. Ferdinand III about cults

Plenty of cults exist - every cult has its 'religious dogma', its idols, its 'prophets', its 'science', its 'proof' and its intolerant liturgy of demands.  Cults everywhere:  Islam, the State, the cult of Gay and Queer, Marxism, Darwin and Evolution, 'Science', Globaloneywarming, Changing Climate, Abortion....a nice variety for the human-hater, amoral, anti-rationalist to choose from.  It is so much fun mocking them isn't it ?

Tempus Fugit Memento Mori - Time Flies Remember Death 

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Tuesday, October 04, 2011

Smaller is better.

Surveys usually don't represent a lot.

by StFerdIII

 

 

Most surveys are biased and not of much use.  The ‘best’ cities, the ‘best’ countries, the ‘coolest’ enclaves….Canada is now and quite improbably ranked #1 amongst richer states in which to do business.  It is still a high-tax, highly regulated political economy of course.  In Canada however, unlike in Europe and America there is at the Federal level a very slow trend towards tax reform and in some cases reduction, some but not much in the way of spending restraint on certain parts of the welfare-state; and less governmental intrusion in the political economy, leaving a state which is still confiscatory and coercive but whose growth has somewhat slowed.   Canada is a statist – socialist construct and one in which total Federal and local debt is 800% of GDP…. Welfare, pension, social programs and Green Tech scams still abound and grow.  45 % of the economy is directly controlled and owned by government.  There is no military to speak off and the big-brained leftists and marxists represent at least half of the voting electorate – and usually the shrillest and most deranged.

The list is notable for 2 factors:  1.  The smaller the country the better off it is.  And 2.  The demonic statist-socialist destruction of Europe and the USA make Canada and other more sane states look very good by comparsion. Caveats should abound.  Do you really believe that Ireland is a great investment opportunity right now?  Or that Denmark is better than say Chile?  I don't.  It depends on an innumerable list of factors and preferences, including inter-alia market access, labor quality, capital availability, regulatory burdens, and political stability.  Lists like rules are made to be ignored.  

Forbes

Rank

Name

GDP Growth (%)

GDP/Capita ($)

Trade Balance

as % of GDP

Population (mil)

 

1

Canada

3.1

39,400

-3.1

34.0

2

New Zealand

1.5

27,700

-2.3

4.3

3

Hong Kong

6.8

45,900

6.6

7.1

4

Ireland

-1.0

37,300

-0.7

4.7

5

Denmark

2.1

36,600

5.5

5.5

6

Singapore

14.5

62,100

20.8

4.7

7

Sweden

5.5

39,100

6.3

9.1

8

Norway

0.4

54,600

12.9

4.7

9

United Kingdom

1.3

34,800

-2.5

62.7

10

United States

2.8

47,200

-3.2

313.2

               

 

 


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