/sci/ - Science & Math

>Implying the system isn't rotten
Fuck the police

>america spearheads a crash
>blames countries that crashed and burned because of america

also, >>2065021
Destroy and restructure

>>2065027
If you crash and burn don't blame others

you guys fucked up

American Sub-prime debts destroy Greece's Economy.

Goldman Sachs hides Greece's debt with fancy financial instruments.

Goldman Sachs faces Fed enquiry into how it hid Greece's debt from world.

Americunts do an Enron in European country.

Finn here, gtfo america

>>2065059
0/10

Enjoy not being able to retire at 50 nao.

>>2065059
>>2065059
>The Goldman Sachs Group, Inc. is a global investment banking and securities firm which engages in investment banking, securities, investment management, and other financial services primarily with institutional clients.

it is an international corporation don't blame america

>>2065063
Enjoy having a lower human development index then us

>>2065067
looks pretty americunt to me

http://en.wikipedia.org/wiki/Goldman_Sachs#List_of_officers_and_directors

Deal with it everybody but Norway, Australia, and New Zealand

1.Norway 0.938
2.Australia 0.937
3.New Zealand 0.907
4.United States 0.902
5.Ireland 0.895
6.Liechtenstein 0.891
7.Netherlands 0.890
8.Canada 0.888
9.Sweden 0.885
10.Germany 0.885
11.Japan 0.884
12.South Korea 0.877
13.Switzerland 0.874
14.France 0.872
15.Israel 0.872
16.Finland 0.871
17.Iceland 0.869
18.Belgium 0.867
19.Denmark 0.866
20.Spain 0.863
21.Hong Kong 0.862
22.Greece 0.855
23.Italy 0.854
24.Luxembourg 0.852
25.Austria 0.851
26.United Kingdom 0.849
27.Singapore 0.846
28.Czech Republic 0.841
29.Slovenia 0.828
30.Andorra 0.824

whole thing is due to americunt subprime mortages

greece's economy was always unsustainable. but thing that turned something no one cares about (greece being fucked) into the world being fucked was the american subprime idiocy

>>2065089
what is that table. micropenises per household?

>>2065100
>I have never been to school and am not educated; I'm dumb as fuck. But it's OK because I'm an American.

>>2065070
I'll enjoy having the best country in the world

>>2065104
no tripfag, i'm andorran

>>2065100
http://en.wikipedia.org/wiki/Human_Development_Index

>>2065106
and ill enjoy living in a country that actually does things

>>2065121
>implying finland doesn't do things

Sweet retarded insult bro

>>2065106
The problem with these charts is that it pretends America is just one country, instead of being divided into White America and Ghetto America. If you live in White America, you are living in the best country in the world.

>>2065118
aspie detected

America got us into this shit in the first place.

>>2065125
http://en.wikipedia.org/wiki/Timeline_of_United_States_inventions_(after_1991)

Can you name any major Finnish invention in the past 100 years

Name you name anything notable that Finland has done in the last 100 years(inb4 soviet invasion)

>>2065130
>implying white america isn't severely dragged down by redneck retard america

>>2065137
the moomins

>>2065137
Linux, nokia, etc

>>2065149
tove jannson was a swedish finn

>>2065137
finns invented movies with sound

without that you'd all still be watching buster keaton

>>2065149
>>2065162
>>2065175
We invented the modern airplane, part of the internet, nuclear power, and out of orbit manned space travel

Deal with it

>>2065149
>>2065175
also we have Walt Disney

Deal with it

>>2065205
>out of orbit manned space craft
>implying adding "manned" is all that great
>nuclear power
best thank the germans for discovering fissure

>>2065205
but not you personally

moomins > nuclear fission

anyway

a hungarian had the idea, it was developed by austrians and germans, but an ilalian actually built the first fission pile. albeit in an american university

Irishfag here.

Don't know what the story with greece was but in Ireland a crash was just waiting to happen. Idiotic right-wing government did whatever they could to keep up a clearly unsustainable level of economic growth.

Things were just getting ridiculous. Particularly property prices. In a way I'm glad the crash happened. Now, when I start working and want to settle down I actually stand a chance of being able to afford a house \o/.

However, afaik it seems the mistakes our government made weren't really any worse/more stupid than those made in the usa, i guess it was a case of timing and also the fact that usa can recover from such fuckups much better than we can (as it would take something pretty huge to destroy other countries' confidence in the states).

I guess the lesson is: just 'cause america can get away with things doesn't mean you can.

This isn't very /sci/ related btw...

>>2065210
>>2065205
deal with the fact that your individual identity is so piss nothing that you have to rely on those who did some good shit in roughly the same geographical location as you to feel good about yourself.

>>2065224
Finnish furries over fission power?

>>2065246
Lol assumptions

I feel good about myself because I figured out the meaning of life

>>2065235
economics is very math heavy

>Eirefag consults wikipedia regarding per capita national debt.
>Expects to rub amerifag's face in it
>mfw http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

>>2065270
lol 1000%

>>2065235

Correct me if I'm wrong, but aren't the current Irish government liberals who raised taxes in a recession?

>Luxembourg
>debt 1,994,000,000,000
>per capita 4,028,283
>of GDP 3854%

HOLY FUCK, HOW?

>could

somebody's making big money on fears here .....

>mfw it's not the economy crisis that will destroy Europe but the severe and unstoppable gypsy infestation

>>2065291
Irish politics is a mess. At least in the US you have two parties which are diametrically opposed to each other (at least on paper). Here it's technically a multi-party system, but the two main opposing parties (without either of which a government has never been formed) are essentially the same. The other parties only ever form the minor part of a coalition government.
I wouldn't describe the current government as 'liberal'. The main party don't seem to have a driving ideology at all. They merely practice ad-hoc pragmatism and clientelism.
>I registered to vote today :)

I can see this being the start of the end of the EU. Greece will be cut because the other countries fear it will catch Greece's economic debt, some countries leave the EU and in the process some old school "Empires" are started again. With some major European countries anexxing smaller countries around it to make it bigger and economically stable to make sure an incident like Greece's never happens again.

Other smaller countries in the EU will become principalities or republics.

>>2065336
Dream on, american romanticist.

I'm a Britfag

Portugal will be the next to go after Ireland.

>>2065335
>implying there is a difference between republitards and democraps

herpaderp Amurka has a higher unemployment

and let's not forget California

>>2065345
the UK will never again be a world power. get over it.

>>2065345 External debt in US dollars Per capitain US dollars % of GDP
United Kingdom 9,088,000,000,000 3147,060 416%


you brits are Fucked a lot more then Us amerifags

>>2065353
>hence 'at least on paper'

>>2065354

Ireland, Greece and Portugal have all something in common ... they are tiny economies

California on the other hand ......

when there's no more forest and metal to steal and you refuse to give us welfare, we'll murder, rape and eat you all (not necessarily in that order)

>>2065291

>Correct me if I'm wrong, but aren't the current Irish government liberals who raised taxes in a recession?

>Implying Ireland has ever had liberals in goverment.
>implying ireland even has a liberal party

rofl.

3 parties in ireland. labour party and 2 populist parties created out of a difference over whether or not to sign some oath to the british king or something 80 years ago (which as you might have guessed bears absolutely no relevance to today's situation-which is why you'll forgive my sketchiness on the details).

As you may have guessed, a populist party is free to change it's tune whenever it feels like it. Raising taxes can't clash with a party's principles if it doesn't really have any.

>>2065354
ebony

ivory

>>2065333
That man has a strong point, check his fucking triples!

Amerifags are printing dollars like crazy to stay competitive and push money into the system but their unemployment is still sky high

I sense Dollar hyperinflation in the near future ....

>>2065395
When Ireland falls just don't drag our economy down with you

>>2065395

I sense mild inflation, increasing exports (and thus jobs), and decreasing the greater risk of deflation.

>>2065195
>finns invented movies with sound

Does that even count? The ability to record sound existed, and the ability to record video existed.

"I invented ketchup."
"I invented mustard."
"I WAS FIRST TO PUT THEM BOTH ON A HOTDOG!"

>>2065403
>jobs
you got it right, it will create jobs!

in asia;)

>>2065416
I think the challenge lay in synchronising the audio with the video.
In hotdog condiment terms, this equates to:
'I was the first to synchronise the little waves I make when applying the condiments'

>>2065416
Then why do we have years upon years of movies without sound, uh?

>>2065402
Ireland is a very small economy, it's gonna be bailed out

only start seriously worrying when Spain and/or Italy goes under (which is unlikely because they are in decent shape now)

>>2065403
I sense china running 2/3rds of the world's economy within 15 years.
America will be similar to what russia is now. Financially, it is unlikely the people will be as fragmented.

>>2065403
American exports, and by extension its manufacturing, is highly automated. An increase will create very few jobs and will mostly just make the rich producing class even richer.

>mfw im fine with this

>>2065447
America owns 1/5 of the worlds wealth right now

China has no way of making that much in only 15 years

>>2065452
If you want to have unions and ridiculously high minimum wage, the only way you're going to have manufacturing is if it's 95% automated or more.

>>2065467
are you fucking crazy?

the country and especially households are terribly indebted!

yeah, you got a few multi-billionaires but Mexico does too ....

>>2065484
>mfw the right to unionise isn't enshrined in the US constitution

>>2065487
oops sorry i meant 1/4

We have the 6th largest GDP per capita at $47,701

now where I live thats middle class earnings

also we have the most money overall at $14.256 trillion

>>2065491
We have a shitload of unions anyways

damn teachers union keeping the US government monopoly on education

so, america sucks, but when we sneeze, you all catch pneumonia?

lol

>>2065496
>we have the most money overall at $14.256 trillion
>have
Hmmmm

>>2065416
don't derp
magnetic sound recording was invented way after optical sound recording

and you can't put etched sound recording (records) on a film

>>2065504
No We are awesome and Ireland and Greece are fucking over the EU

>>2065504
yep

like a bisexual aids nigger among the gentle white boys and girls

stfu americunts. you treat your workers like shit. what's minimum wage again?

>>2065524
8$

also Europe is all liberal

Most of Europe is in a fuckton of debt

That working out for you guys?

>>2065524
It varies
http://en.wikipedia.org/wiki/List_of_U.S._minimum_wages

>>2065496
lol you have no fucking idea what you're talking about

average american household savings are negative

do you know what that means? people are hopelessly deep in debt, just like the federal government
and there's no end in sight

That's what you Eurofags made an investment and you failed
Deal with it
We're not here to garauntee you easy money you lazy faggots.
Also buy gold or silver for your 401k.
The rest is bullshit.

>>2065536
>also Europe is all liberal
>That working out for you guys?

not really...

>>2065547
>>2065547
>lol you have no fucking idea what you're talking about
lol irony
http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

Amerifag here, I need to emigrate to less shitty place, any suggestions?

<---------This thread

>hello my fellow Eurofag. Lets invest in the US and expect equal or greater returns
>Sure thing! Investments are supposed to go up all the time. Otherwise they wouldn't be investments.
>10 years later
>By heavens! We've been lied to!
>I hear you my friend. I will proceed to express my anger by writing angry letters!
>yes I will also pursue other non destructive methods to express my discontent

>>2065567
come to Romania, we are nice people

>>2065580
don't you guys drink other peoples blood?

>>2065580
why are their hands so gigantic? They all look like they could palm medicine balls.

>>2065017
HAHAHHAHAH BULLSHIT!
American dept: ~$200.000.000.000,-
Don't forget interest, YOU ARE FUCKING UNABLE TO PAY IT BACK, so nobody will lend to you and you will be replaced by China if it grows fast enough.

Problem US?

>>2065610
its part of being vampires

>>2065595
no, we are not vampires

see? no vampire fangs

>>2065547
>>2065547
Who gives a fuck about celebrities?

Music sucks everywhere now.

House parties are superior than clubbing. For one thing I don't need to pay an entry fee to go over to a friends house to party.

OK, you got me there with the education, but lets not forget that eventhough America 's education looks like its making a turn for the worst there's still a lot of science done in the country.

Architecture, whatever.

History, whatever.

Art, really? Who cares?

I'd rather have a burger and fries any day over a 5 course meal with all those stupid rules regarding forks and knives.

Forgetting muscle cars are we? The definition of manly automobiles is from the America.

Both kinds of football are for fags.

>mfw America has massive debt

>>2065614
http://www.youtube.com/watch?v=HgHrFBqukfQ&feature=related

>>2065610
Those are gypsies, the subhuman trash of Europe.

Strange deformities are not uncommon among gypsies since they are all inbred savages.

>>2065619
>>2065619
More like


Problem liberal europe?

>>2065565
>external debt
it's not household debt, faggot

>>2065632
Dang, I've been busted.

Speaking of which, why is the Netherlands so eager to stop coffee shops from selling weed to tourists when that's the one thing that generates most of their tourism if their national debt is so vast.

>mfw Ireland's debt

>>2065635
http://www.mybanktracker.com/bank-news/2010/11/15/us-household-debt-decreases-fed/

>>2065059
you all got trolled hahaha. america #1

I'm amazed that the neoliberals have managed to save their skins through this recession. A few centuries ago, they would have been sent to the guillotines.

>>2065632
>mfw he still doesn't understand what external debt means

it's not a bad thing, retard

>>2065651
>External debt (or foreign debt) is that part of the total debt in a country that is owed to creditors outside the country. The debtors can be the government, corporations or private households.

that sounds bad man

>The economy of the United States is the world's largest national economy. Its nominal GDP was estimated to be $14.3 trillion in 2009, approximately a quarter of nominal global GDP.[1][11] Its GDP at purchasing power parity was also the largest in the world, approximately a fifth of global GDP at purchasing power parity.[1] The U.S. economy also maintains a very high level of output per capita. In 2009, it was estimated to have a per capita GDP (PPP) of $46,381, the 6th highest in the world.


Deal with it eurofags

>>2065651
>it's not a bad thing, retard

In and of itself, no.

When that debt is being used to resume the status quo rather than to invest in the country's future, it is a bad thing.

>>2065547

Europe does win in Celebrities, Music, Partying, Architecture, and Cars. However Science and Education is incorrect (church and state are separated end of discussion). America has a very rich history, I personally find the Old West to be completely bad ass. I'm pretty sure in Europe does eat similar foods as the US (but your not all fat like the general population in America). And the differences between football is all opinions.

Sincerely,
Canadianfag

>>2065665
but it isn't

it's like an attractive place for investments etc

hard to explain to you moron, but think of tax shelters and booming/specialised economies -- they all have high external debt/gdp ration but not necessarily high national debt/gdp or household debt/gdp

> Ireland and greece's massive debt

Implying the two countries' situations are even remotely similar.

Ireland has more debt than is good for it.

Greece, OTOH, is unbelievably fucked up. Not just the levels of debt, but the population's unwillingness to face up to the situation. For most of the last decade, they've been living off credit. Now, not only has the credit dried up, but they have to pay off the outstanding debt to boot.

The situation for Ireland (and Portugal) isn't even remotely comparable. All that's happening there is that the lenders have sensed an opportunity. The current recession makes it harder for countries to avoid borrowing, which means that they can get away with charging more for credit. Even if the richer Eurozone countries undercut them, that will reduce the global credit supply which strengthens their hand.

>>2065689
>America has a very rich history
>America has about 80 years of history

ftfy

>>2065694
so we'll tighten our belts a little, and you guys will completely fall apart. sweet.

>>2065691
let's try an example

France's external debt is 188%
Greece's 167%

now which one did you hear was in super deep shit, morons?

>>2065704
more like 390 years

the first colonists landed on Plymouth rock in 1620

>>2065638
It's not necessarily the kind of tourism people want. People who travel throughout Europe or come go to college here are usually ok, but many tourists who come purely for legalized drugs don't really know how to handle it. It's like kids that are finally allowed to drink alcohol... a lot of drugs related incidents are caused by tourists. It's the main reason we banned mushrooms too.

>>2065717
Greece

do you study economics

National debt doesn't have to be a sign of a failing economy. It can actually be a good thing.

>>2065708
tightening the belt in the conventional sense is not necessarily good in these situations

it shrinks the economy and makes it even harder, if not impossible, to repay the massive debt

a universal 10-20% wage cut overnight for everyone would help tremendously with competitiveness, but it's fucking hard to implement

>>2065733
Yes, but destroying your own industry is retarded.

To be honest, its only the fault of the tourists' home nations. And to be even honester, it is the home nation that gaurantees to pay medical expenses, so they're getting double fucked.

>>2065751
>it shrinks the economy

I keep hearing this. I have yet to hear a rational explanation.

I still don't understand how can owning another nation $ not be a bad thing?

>>2065756

Short to medium term, it means that people are buying less. Which means that people are selling less, which means that people are making less, which means people are buying less, etc.

>>2066272

Can you rephrase that so it's simpler to understand your question?

>>2066291
I don't understand how foreign debt is not a bad thing

>>2065717
Greece.

You're overlooking the issue of maturity, i.e. the period over which the debt must be repaid. Greece's debt has a median maturity of less than three years, which is why it's such a big problem.

For comparison, the UK's median debt maturity is 14 years, which is why the situation is nowhere near as bad as Cameron wants everyone to believe. He just wants an excuse to shrink the state, even if it means driving the economy into the ground.

>>2066316

Are you asking how is foreign debt a bad thing? Seriously, unless you know how to use double negatives well, steer clear of them.

>>2066323
No how it is NOT a bad thing

Same shit, different package.

>>2066381

Hardly, the Audi has better performance, fuel economy, features, build quality and in my opinion better aesthetics.