Is this the end for the Anglo-Saxon model?

Cassandra Syndrome

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Anglo saxon model?

Its a spook story. And if you think this is the end of nel liberalism, it hasn't even started properly if the IMF unleash its tyranny upon us. The whole world is a bastardised form of Neo Liberalism and Neo Keynesianism. Look at Global interest rates. The range from 0% to 5%. Every country has taxes and social insurance systems of some form. We paid more tax per GNP than the "Rhine" capitalist model of Germany.

And someone mentioned Switerland? They have the best economy in the world. Independent currency, 20% backed by gold, excellent mixed economy and above all direct democracy. Their unemployment is 3.5%. What a utopia compared to this neofeudal dictatorship.
 


Pauli

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Anglo saxon model?

Its a spook story. And if you think this is the end of nel liberalism, it hasn't even started properly if the IMF unleash its tyranny upon us. The whole world is a bastardised form of Neo Liberalism and Neo Keynesianism. Look at Global interest rates. The range from 0% to 5%. Every country has taxes and social insurance systems of some form. We paid more tax per GNP than the "Rhine" capitalist model of Germany.

And someone mentioned Switerland? They have the best economy in the world. Independent currency, 20% backed by gold, excellent mixed economy and above all direct democracy. Their unemployment is 3.5%. What a utopia compared to this neofeudal dictatorship.
Where I live, the corporation tax is set at 8.5%, 4% lower than Ireland. ;)
 

Jakey

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Er... you don't perhaps think that proclaiming "the end of the Anglo-Saxon model" represents precisely the facile, overly emotional mindset that got Ireland into this mess in the first place? Perhaps if people were a bit more cautious about proclaiming the death or victory of "models", then fewer people might have been sucked into believing the boom.

Just wait - in five or ten years time - perhaps when the Chinese have nicked all Germany's technology or, indeed, when the Chinese bubble has popped - people will be taking about the death of the export-dependent "German model". These things go in cycles. The British, American (and indeed Irish) economies retain huge strengths which will re-assert themselves in due course.
 

bokuden

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Anglo saxon model?



And someone mentioned Switerland? They have the best economy in the world. Independent currency, 20% backed by gold, excellent mixed economy and above all direct democracy. Their unemployment is 3.5%. What a utopia compared to this neofeudal dictatorship.
Not to mention the hoards of nazi gold and blood diamonds stashed around the gaff. Oh, and the naked racism.
 

Kalan

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No

Its not the end for the Anglo-Saxon, Anglo-American model; it will be intensified under the IMF.
 

Al.

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Mary Harney once said that Ireland's economy was closer to Boston than Berlin. That was back in 2000.

Mary Dejevsky had an excellent article in yesterday's British
Independent saying that if she was a French or German politician, she would demand "an apology from the US and Britain for the self-righteous lectures about growth they delivered during their credit-fuelled economic booms".

Mary Dejevsky: A nation's success is defined by much more than its GDP - Mary Dejevsky, Commentators - The Independent


Such 'self-righteous lectures' were not limited to the UK and America. As Morgan Kelly
noted:
And unlike the Greeks, we lacked the tact and common sense to keep our grubby dealing to ourselves. Europeans had to endure a decade of Irish politicians strutting around and telling them how they needed to emulate our crony capitalism if they wanted to be as rich as we are. As far as other Europeans are concerned, the Irish Government is aiming to add injury to insult by getting their taxpayers to help the “Richest Nation in Europe” continue to enjoy its lavish lifestyle.
Conor McCabe at Dublin Opinion recently dug up an editorial in the Irish Times from 24th August, 2006:

Dublin Opinion » Blog Archive » GERALDINE KENNEDY, 2006: GERMANY MUST FOLLOW IRELAND’S LEAD; THE STUDENT HAS NOW BECOME THE MASTER

German elections have shown an electorate that continues to be reluctant to abandon the social model of generous welfare provision and extensive public services. The result has been a worsening budgetary position in a country whose pensions burden will approach crisis levels within a few decades.

How ironic it is that we are approaching the tenth anniversary of the formation of the EU Stability Pact. For it was on the insistence of a German finance minister that countries wishing to participate in economic and monetary union agreed to abide by a code of fiscal discipline.


At the time, Ireland was one of the countries with which Germany feared to share a currency. Ireland bravely accepted the pact’s terms and adhered to them with flying colours, only to see Germany - under the chancellorship of Gerhard Schroder - disregard the pact flagrantly.


The student has now become the master.


If Germany’s economy does indeed relapse into slowdown, its electorate may have to conclude that the time has finally come to accept a strong dose of its medicine.


In doing so, it can draw inspiration from that medicine’s success in reducing unemployment in Ireland to the lowest level in the EU.
"Anglo-Saxon model" again? The inherent racism in that exposes just what the EU is all about. The only mistake was in the abandonment of that model and flirting with the Marxism-based model that the EU's foisting on its member states (except the source country of that model) by treaty. That model has the goal of destroying all competing models. The only way to get back to normalcy is to destroy the Soziale Marktwirtschaft and re-embrace the Freie Marktwirtschaft with the discipline it used to exhibit.
 

Cassandra Syndrome

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Not to mention the hoards of nazi gold and blood diamonds stashed around the gaff. Oh, and the naked racism.
Nazi Gold? Yeah, and what about the establishment of the whole EU project? Who do you think was behind that?

Naked Racism? Links for that?

The direct democracy and political system in Switzerland is a template for us to use. It doesn't infer that we go back in time and provide safe havens for the Nazi party wealth ffs.

Its your prerogative to be happy living under a dictatorship. But most people think it sucks.
 

readytogo

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The Irish Times and Irish politicians aren't the only ones who should eat humble pie for holding up the Irish model for emulation. Worringly the current British Chancellor of the Exchequer, the Tory George Osborne, wrote this in the Times back in 2006:

Look and learn from across the Irish Sea | George Osborne - Times Online

A GENERATION ago, the very idea that a British politician would go to Ireland to see how to run an economy would have been laughable. The Irish Republic was seen as Britain’s poor and troubled country cousin, a rural backwater on the edge of Europe. Today things are different. Ireland stands as a shining example of the art of the possible in long-term economic policymaking, and that is why I am in Dublin: to listen and to learn.

[...]What has caused this Irish miracle, and how can we in Britain emulate it?

[...]They have much to teach us, if only we are willing to learn.​
 

McDave

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"Anglo-Saxon model" again? The inherent racism in that exposes just what the EU is all about. The only mistake was in the abandonment of that model and flirting with the Marxism-based model that the EU's foisting on its member states (except the source country of that model) by treaty. That model has the goal of destroying all competing models. The only way to get back to normalcy is to destroy the Soziale Marktwirtschaft and re-embrace the Freie Marktwirtschaft with the discipline it used to exhibit.
Wikipedia is out there on the internet, so even slow learners have no excuse to not apprise themselves of even the most basic facts and descriptions: http://en.wikipedia.org/wiki/Anglo-Saxon_economy_(economic_model)
 

bokuden

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Nazi Gold? Yeah, and what about the establishment of the whole EU project? Who do you think was behind that?

Naked Racism? Links for that?

The direct democracy and political system in Switzerland is a template for us to use. It doesn't infer that we go back in time and provide safe havens for the Nazi party wealth ffs.

Its your prerogative to be happy living under a dictatorship. But most people think it sucks.
You seem to be wetting yourself over the fact that Switzerland is a wealthy country. Well, let's look at what kind of society it really is. You're just cherry picking stuff that agrees with your view, hence your refusal to deal with the fact that a lot of Swiss seem to be happy with making money out of morally vile behaviour (ie providing a safe haven for money leeched out of the world's poor by banana republic dictators, still keeping wealth stolen from the Jews by the Nazis etc.)


RE racism:

Chocolate, Cheese and Racial Profiling: Swiss – Care to Explain?! « Whole in my head

This one seems to be from a white supremacist website
The Test of Ethnicity - Switzerland and Czechoslovakia


Switzerland defends its race relations record before a United Nations committee in Geneva. - swissinfo


Oh, and how the Swiss of Italian descent are discriminated against by their own people. Look into that too if you have the time.
There's loads more if you'd bother to google.
 
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bokuden

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Nazi gold! Godwin!!
I know, I know... any time someone tries to talk up Switzerland, someone always brings up the pesky Nazi gold. They just won't let it lie.:cool:
 

Al.

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Anyone notice what Jürgen Stark, member of the ECB board, said in a recent op-ed?
Instead of continuing to deny the fact that membership of a monetary union also limits the sovereignty of national economic and fiscal policies, eurozone members must finally come to terms with economic reality and follow stricter budgetary rules ...
He just called limiting of sovereignty by monetary union a "fact".
 


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