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Drake Tungsten is offline Drake Tungsten
Prince
Knee deep in alien womyn...
Oct 2001
time: 14:29
  Old Post 21-01-2005 06:37
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Not both. One of the two (probably China)...

BeBro is offline BeBro
King
of the Krauts
Mar 2000
time: 06:29
  Old Post 21-01-2005 06:50 Visit BeBro's homepage!
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C-I-what?

Immortal Wombat is offline Immortal Wombat
Prince
in perpetuity
Dec 2000
time: 05:29
  Old Post 21-01-2005 06:56 Visit Immortal Wombat's homepage!
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eh?

Colon is offline Colon
Emperor
Antwerp, Colon's Chocolate Canard Country
Jan 1970
time: 06:29
  Old Post 21-01-2005 06:59
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quote:
Originally posted by chegitz guevara
There is a growing movement in the U.S. to build a more European modeled economy...


In what sense?

Ming is offline Ming
Chief Minion

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Mingapulco - CST
Jan 1970
time: 23:29
  Old Post 21-01-2005 07:03 Visit Ming<br><img src=/forums/images/staff-icon.gif>'s homepage!
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Wasn't it the CIA that said there were Weapons of Mass Distruction in Iraq

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:29
  Old Post 21-01-2005 07:04 Visit chegitz guevara's homepage!
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quote:
Originally posted by Ming
Wasn't it the CIA that said there were Weapons of Mass Distruction in Iraq


It was some people in the CIA, and even they qualified it with a, but we have no proof. It was the NSA that excised the more cautious bits from the main report on the subject, and now they want to put the person who was responsible for that in charge of State.

I just have to spend the next four years trying not to pay attention to American politics.

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:29
  Old Post 21-01-2005 07:06
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So, this is from the same CIA that failed to forsee the break-up of the USSR and predicted a continued rise of Japan

Europe's population growth has consistantly been underestimated - forecasts made in the 1980's predicted falling population by now when in fact there is accelerating population growth (in the 5 years to 2003 the EU15's population rose by 7.6m up from a 5.1m rise in the previous 5 years).
Forecasts today again predict that populations will start to fall in 20 years time - with their previous track record I would take that with a pinch of salt.

I very much doubt that europe's population growth rate will differ very much from the 0.9% a year less than north america's that it has averaged over the last century (in the last 5 years the gap has been 0.7%)

Urban Ranger is offline Urban Ranger
Apolyton Duke of Off-Topic

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The City State of Noosphere, CPA special envoy
May 1999
time: 13:29
  Old Post 21-01-2005 07:07
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quote:
Originally posted by Trajanus
I don't know if other Belgians like Colon will agree, but for me population density here already is way too high.


You don't know what population density is, dude.

Drake Tungsten is offline Drake Tungsten
Prince
Knee deep in alien womyn...
Oct 2001
time: 14:29
  Old Post 21-01-2005 07:14
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quote:
So, this is from the same CIA that failed to forsee the break-up of the USSR and predicted a continued rise of Japan


It should be noted that Japan's rise was arrested by the very factors that this report predicts will reverse the rise of the EU...

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:29
  Old Post 21-01-2005 07:16 Visit chegitz guevara's homepage!
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quote:
Originally posted by Drake Tungsten
quote:
So, this is from the same CIA that failed to forsee the break-up of the USSR and predicted a continued rise of Japan


It should be noted that Japan's rise was arrested by the very factors that this report predicts will reverse the rise of the EU...


High labor and welfare costs? I wasn't aware that Japan was noted for its welfare system, and while high labor costs did play a part, I thought it was really bad, government secured loans that played more of a problem with their economy.

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:29
  Old Post 21-01-2005 07:16
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quote:
Originally posted by Drake Tungsten
It should be noted that Japan's rise was arrested by the very factors that this report predicts will reverse the rise of the EU...


What? the bursting of a financial bubble?

BeBro is offline BeBro
King
of the Krauts
Mar 2000
time: 06:29
  Old Post 21-01-2005 07:24 Visit BeBro's homepage!
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The CIA also gets a cookie for finding this out:

quote:
"The EU, rather than Nato, will increasingly become the primary institution for Europe, and the role Europeans shape for themselves on the world stage is most likely to be projected through it," the report adds. "Whether the EU will develop an army is an open question."


Of course, most of us knew that anyway for some years......

Lefty Scaevola is offline Lefty Scaevola
Emperor
San Antonio TX USA
Oct 2000
time: 23:29
  Old Post 21-01-2005 07:34
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What do the Keystone Spys have to say about the EU's WMD?

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:29
  Old Post 21-01-2005 07:37
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I think that the effects of aging population will be pretty similar in both the EU and US because whilst the EU has a worse demographic situation the US situation is adversely affected by four factors:

1. The exhorbitant cost of US healthcare.
Healthcare costs in the US are higher, and rising faster than in europe - both the EU's and US's governments spend a similar proportion of GDP on healthcare (around 6.5% to 7%) but the US's system only covers the poor, old and government employees.
As population ages in the US it will see a far larger rise in the cost of it's public healthcare system than europe.

2. Differences in the tax system.
A much higher proportion of US taxation is obtained by taxing income, whereas the EU relies more on taxing spending (via things like VAT or 'sin' taxes) - as retirees have no taxable income but do continue to spend this means that an aging population will have less effect on the tax base in the EU than in the US.

3. The EU starts from a much better fiscal position.
After Bush's tax-cuts and spending splurge the US's structural budget deficit (i.e. that which would happen if the US economy was performing at 'trend') is around 4% of GDP whereas the EU's is around 1%. This means that the EU has more option to increase borrowing to fund pensions than the US does.

4. The US's superpower status.
The US will face the fiscal problems of it's own aging at exactly the time that it is likely to face a serious military challenge from China - if China starts an arms race the US will find it very hard to keep up. The EU faces no significant challengers like this so we will be unlikely to need to increase our defence spending anything like as much.

Drake Tungsten is offline Drake Tungsten
Prince
Knee deep in alien womyn...
Oct 2001
time: 14:29
  Old Post 21-01-2005 07:39
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quote:
High labor and welfare costs? I wasn't aware that Japan was noted for its welfare system


I don't know if it's "noted" for its welfare state, but Japan has a pretty extensive one.

quote:
What? the bursting of a financial bubble?


The bubble burst 15 years ago. Do you really think that's what's holding Japan back now?

Whoha is offline Whoha
King
The TOC is supposed to be classified guys...
Dec 2001
time: 23:29
  Old Post 21-01-2005 07:41
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quote:
Originally posted by chegitz guevara
The conservative cry: throw the elderly to the wolves!

This is BS.


No, repeat after me:Helicopters.

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:29
  Old Post 21-01-2005 07:45
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quote:
Originally posted by Drake Tungsten
The bubble burst 15 years ago. Do you really think that's what's holding Japan back now?


err, let me think.

YES!

the bubble cause the bad debts at the banks - the bad debts at the banks cause the 'zombie' corporations.


It is very easy to show that the bubble caused more damage than Japan's aging population - just compare GDP growth per person of working age in the 1970's, 1980's and 1990's:

1970s: 3.6%
1980s: 3.2%
1990s: 1.3%

Working age population in Japan grew 0.7% a year slower during the 1990's than in the 1970s' and 1980's - but GDP grew 2.8% slower.
So demographics accounted for around a quarter of Japan's slowdown - hardly a ringing endorsement of your views eh?

BeBro is offline BeBro
King
of the Krauts
Mar 2000
time: 06:29
  Old Post 21-01-2005 07:45 Visit BeBro's homepage!
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Why would you throw helis to the wolves?

Drake Tungsten is offline Drake Tungsten
Prince
Knee deep in alien womyn...
Oct 2001
time: 14:29
  Old Post 21-01-2005 07:49
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Japan's problems are due to entrenched structural problems with the economy that have not and probably never will be dealt with because the price of reform is deemed to be too high. Compare that to Germany and see if you find any similarities...

quote:
So demographics accounted for around a quarter of Japan's slowdown - hardly a ringing endorsement of your views eh?


I don't believe I ever said demographics were the main cause of Japan's economic woes. Might be good to actually know what a person's views are before we attack them, eh?

el freako is offline el freako
Prince
Bristol, European Union
Oct 1999
time: 05:29
  Old Post 21-01-2005 07:55
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Now that is more like it.

Yes Germany has similar problems (but not on quite the scale, and Germany's productivity growth hasn't collapsed like Japan's)

But you are deluding yourself if you think that Germany=EU, Germany accounts for only a fifth of the EU's GDP and population.

And even with that Germany's GDP per head has still grown faster than the US's over the last decade or so - GDP per head at PPPs in 1990 was 70% of the US level, by 2002 it was 73% not bad for one of the worst-performing members of the EU during that period (which went from 69% to 74%)

Drake Tungsten is offline Drake Tungsten
Prince
Knee deep in alien womyn...
Oct 2001
time: 14:29
  Old Post 21-01-2005 08:04
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quote:
Now that is more like it.


I didn't really say anything different...

quote:
But you are deluding yourself if you think that Germany=EU, Germany accounts for only a fifth of the EU's GDP and population.


Again, I never said Germany=EU. It's just a convenient example of Japanese-style economic problems at work in a European country.

Imran Siddiqui is offline Imran Siddiqui

Deity
The Potterverse
Jan 1970
time: 00:29
  Old Post 21-01-2005 08:25
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The CIA is such a joke. Since they predicted the collapse of the EU, it'll likely deepen and actually become a state. What, do they actually forsee a perpetual recession? Please.

Admiral is offline Admiral
Warlord
of the peace and coexistance movement
Feb 2001
time: 00:29
  Old Post 21-01-2005 08:44
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Maybe it will just be the chinese embassies that will collapse...

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:29
  Old Post 21-01-2005 10:37 Visit chegitz guevara's homepage!
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quote:
Originally posted by Whoha


No, repeat after me:Helicopters.


helicopters

notyoueither is offline notyoueither
Deity
of naught
Aug 2001
time: 22:29
  Old Post 21-01-2005 11:26
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quote:
Originally posted by chegitz guevara
Meh. India and China will PWN us both in a century.


Not really. NAFTA incorporates half a billion people. Half a billion people who are nice and safe and snug in isolation from nearby dangers. Half a billion people who enjoy massive mineral and biological wealth. We'll do fine, thanks very much for your concern though.

That isn't counting the expansion that could be made by extending trade bloc relationships further South.

Really, you Yanks should start to pay more attention to the world your media doesn't lead you by the nose to.

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:29
  Old Post 21-01-2005 11:34 Visit chegitz guevara's homepage!
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Latin America isn't "nice and safe and snug in isolation from nearby dangers." It's unstable. Suffers from coups and revolutions and the like.

notyoueither is offline notyoueither
Deity
of naught
Aug 2001
time: 22:29
  Old Post 21-01-2005 11:35
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Not Mexico.

notyoueither is offline notyoueither
Deity
of naught
Aug 2001
time: 22:29
  Old Post 21-01-2005 11:36
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Recently.

chegitz guevara is offline chegitz guevara
King
Ft. Lauderdale, FL Communist Party of Apolyton
Jun 2000
time: 00:29
  Old Post 21-01-2005 11:37 Visit chegitz guevara's homepage!
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There are two armed guerilla movements in Mexico, and ten years ago this month, their currency collapsed.

notyoueither is offline notyoueither
Deity
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Aug 2001
time: 22:29
  Old Post 21-01-2005 11:44
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I had heard of one in the far south. I also seem to recall a crisis in Sweden sometime around ten years ago. Seems it was like a flu was going around at the time. Even the yen was affected.

Aside from Mexico's internal problems, which I have never heard anything to suggest were significant, just who is going to **** with this continent while the Pax America holds?

Like I said, nice and safe and snug and able to grow.

 
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