Hey tettle, thanks for taking a break from jacking off to lee greenwood to post a bunch of american exceptionalism crap, I can always use a good laugh.

I'm doing some calculations in the field of quantum chemistry at this moment, and I just felt a surge of fear of big government flowing through my system. But it doesn't seem to help me solve my calculations. What am I doing wrong? Please help me.

Marti,

You are obviously one of those Europeans whose passport never crossed the Atlantic once in your life. I love going to Europe. It's a how to guide of what not to do.
I hope the ECB keeps finding some fool to loan it money so your government aid doesn't run out tomorrow.

Here are some nice pictures of Europe's legacy to the world.
http://goo.gl/mx5zn
http://www.saveyourheritage.com/soviet_crimes.htm

I love Europeans who act like they are culturally superior. What kind of total idiot claims a continent that visited two World Wars on the world, the Holocaust, the Gulags of Communism, and most recently the Bosnain genocide has anything to be proud of or superior about.

God, when I need a belly busting laugh I just read Europeans opinions of themselves on this forum.
Thanks for not letting me down Marti.

@Tettleton:

The genocide in Bosnia has just as much to do with me as the presence of a communist regime in Cuba has something to do with you: nothing at all. Europe is far less homogeneous as a continent than for example North America is.

You're a pathetic creature. I don't at all think I'm superior. I just think you don't understand anything about our continent. Most Europeans are not spending their time thinking about how superior they are, or posting that on game forums. It's just not a category. Get a life. Get a dog.

Top Ten Countries with the worst financial balance sheets in the entire world.
All are European of course. I can't wait to read the posts by various Europeans in the forum that being in debt is now the enlightened way to run a country.

#1 Ireland
Credit to GDP ratio: 56.1%
Loan deposit ratio: 187.3%
Public sector debt as a percent of GDP: 99.4%

#2 Portugal
Credit to GDP ratio: 53.6%
Loan deposit ratio: 189.2%
Public sector debt as a percent of GDP: 83.1%

#3 Spain

Image: AP
Credit to GDP ratio: 66%
Loan deposit ratio: 223%
Public sector debt as a percent of GDP: 63.5%

#4 Greece

Image: AP
Credit to GDP ratio: 55.7%
Loan deposit ratio: 117.7%
Public sector debt as a percent of GDP: 130.6%

#5 UK

Credit to GDP ratio: 35.2%
Loan deposit ratio: 150.5%
Public sector debt as a percent of GDP: 76.7%

#6 Hungary
Credit to GDP ratio: 21%
Loan deposit ratio: 123.6%
Public sector debt as a percent of GDP: 85.3%

#7 Denmark
Credit to GDP ratio: 44.1%
Loan deposit ratio: 346.1%
Public sector debt as a percent of GDP: 44.2%

#8 France
Credit to GDP ratio: 19.4%
Loan deposit ratio: 163.6%
Public sector debt as a percent of GDP: 84.2%

#9 Belgium
Credit to GDP ratio: 22%
Loan deposit ratio: 98.1%
Public sector debt as a percent of GDP: 100.2%

#10 Sweden
Credit to GDP ratio: 27.3%
Loan deposit ratio: 237.6%
Public sector debt as a percent of GDP: 41.7%

Can you say "Total European Bankruptcy?"

Tettleton. You are being ignorant because you choose to disregard the ethos of your peers, as well as pathos. By doing so, you show that you are being illogical.
Further, you are a bore if you don't speak your own thoughts and just post statistics. I don't know why you bother wasting your time. Let's hear what you think, and the reasons behind them.
I'm assuming that you are somewhat an advocate of Aryanism.
Racist bastard.
lol.

Lol TC.. your list is not even worth a serious response. You just randomly took 10 countries and put them in some random order. I hope you're just trolling around a bit.. if not I pity you.

@Mr_rb
Tettleton will put information in ANY order that supports what he believed looooong before obtaining the information. I'm not replying to him. I'm replying to whatever nutcase keeps clicking +1 whenever he shares one of his brain farts.

Sorry Mr. Rb, USB did it.
Ooops for your.
http://www.theblaze.com/stories/ubs-which-countries-are-at-greatest-risk-of-default/

Keep your head in the sand Mr_rb

Not verifying one's citation prior to posting and then saying it's USB's fault, misspelling the source's name: it's an indescribable pleasure seeing the world's smartest people putting their brains at work. You're an embarassment to the website Tettleton.

It's wonderful when WebDip users think for themselves, rather than simply reposting a page from The Blaze verbatim. Must be those American smarts, Tettleton.

Lol.. 'USB did it'.. no, some reporter at NY business insider did it, apparently. The only difference between the US and the other countries in that list is the 'credit to GDP ratio' (US scored 5.1%), which is NOT actually as you'd suspect a ratio measuring debt to GDP but some arbitrary compilation of fragility of the credit market in a particular country, including, amusingly enough, current account balance. https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html.

Just a few months back the markets were all over the US for the budget deficit and current account balance, just to show how show how short the memory of investors and the public seems to be. I think it's clear not many economies in the world (if any) can be considered healthy. Next month it can be Japan, China, or Russia for all I know. But you keep on going reading arguable articles and cracking up over random numbers compiled into nice little readable lists, TC.

Just for tossing even more fire into this comedy:

A year ago me and some friends did some calculation during lunch break. We reached the conclusion that all the gold yet found in the world would put together would make up a cube of approxemately 20 x 20 x 20 meters. (You know about meters over there?)
The value of all this gold would cover about half of USA's debt to other countries.

Yeah, God bless America... You'll need it.

The only difference Mr. Rb is the US dollar isn't collapsing and the Euro is, and it is exactly because of Europe's debt to GDP ratios and fiscally unsustainable welfare state annual deficits that make that European debt grow year after year.

Since you do not seem to have the vaguest idea of what comparative financial stability is I will simply point out the comparative lending costs of the ten nation's on that list and the lending costs of the United States.

Simply compare the interest rates that each European country has to pay on a one-year government note, and the same rate the US pays.

Even someone with as simple a mind as your should be able to compare to numbers.

Scanung,

No doubt the US has a debt problem, and it begins with the fiscally unsustainable entitlement programs our government adopted from Europe over the last 75 years.

Of course this thread began because I posted the data from a recent gallup poll that showed that well over 60% of Americans realize that big government is the biggest threat to our nation, and that Europeans have no such insight as they blindly cling to the fiscally unsustainable cradle-to-grave welfare state as it crumbles before their very eyes in Greece, Italy, Ireland, Spain, Portugal, and on and on.

The only reason the US dollar is not under more pressure, TC, is that it is still considered (for historical reasons) as the world's reserve currency and the fact that oil is still denominated in US dollars. However, as you may have noticed the biggest lenders to the US (primarily China) are starting to diversity and invest more in other markets, primarily upcoming ones. As this trend will continue you'll see the dollar becoming a more ordinary currency, after which the US budget deficit and costs of borrowing are really going to become an issue, as also illustrated by the S&P downgrade of US debt from AAA to a lower level earlier this year.

Interest rates on German and US debt are very much the same, by the way. Don't know why you even bother mentioning rates as they tend to decline if the outlook of an economy gets worse. The US budget deficit is far greater (also in percentages) and grows much faster than most European countries, by the way.

Mr. Tettleton, what is your point? That free heatlcare and state-owned unemployment insurances leads to economical disaster? If that were the case many European countries would have collapsed a long time ago.

What happens now in Europe is not different from any other economical crisis really. Economical crises comes and goes all the time. The problem about Europe is that the Euro is a common currency, but every country has its own central bank. There is no backup system of what to do if one country screw up their economy, and thus is strikes the whole union.

When countries screw up their economy it is usually because the banks have not secured the money they lend out - they do not control that the loantaker actually have the possibility to pay back. This is a result of the benks getting too much freedom and not being controlled enough, not a result of the welfare state system!

Then I think most people would agree that countries like Italy and Greece never should have have been allowed into the Euro zone until they had fixed their economical situation. What you have to remember though is that the EU is more than just an economical union. An end to the Euro would mean an end to the union, and that would mean the end of the biggest reason Europe is not a warzone anymore. Any player of Diplomacy should be able to reckon that...

Scanung, outside of lack of reading comprehension the point is that government is continuing to centralize power in the Federal government in the United States is not the answer and the poll that I mentioned when I started this thread demonstrates the American people are completely aware of this and I submitted it is evidence that Americans are the smartest people in the world.

What is happening in Europe is categorically different because of the century of decay that xenophobic Europe has undergone, and unfortunately drug the rest of the world through with it.

Happily the rest of the world is realizing the decadence of European culture and is refusing to bail it out.
The disintegration of European conceit and tribalism is ugly, but Europeans have only themselves to blame.
Thank God Americans are awake to the dangers that Europe embraced.
Statism as exemplified by European Fascism/Communism/and modern socialism.
The aristocratic hierarchy in Europe has never embraced the idea of truly empowering the common man and it has doomed the continent.
It's a shame, but no stopping it now.

Ya know, this TC guy must be the winner of this whole thing, because there is no way he is actually serious, right? He just wants to raise some rabble, right? No one could actually spew such a train of thought without intent of satire, am I right? Tell me I am right?

spot on noise, TC is just showing in post form just how smart americans really are. You can tell by his grammar "Europe...drug the rest of the world through with it"
At some level this obviously makes perfect sense to the "smartest people in the world"

Hey TC you know what's even more expensive than 'entitlement' programs? When your country declares war on the world, and is all to eager to fight it.

too*

"TC is just showing in post form just how smart americans really are. You can tell by his grammar "Europe...drug the rest of the world through with it""

*Facepalm*

"There even are places where English completely disappears--
Well, in America, they haven't used it for years!"

-Henry Higgins.

Thanks for making sure "this verbal class distinction" is not "antique," TC...you're really making us look brilliant...

-.-

At first I'm 14 years old and playing on mobile so I can't really check or I'm right...
Now, some facts:
The US has the biggest government.
The US is making sure it stays the biggest by supplying enemies when their allies are winning and such things.
Europe is an union because the US wanted it to be, I personally think the US planned this crisis already (not hard, everybody has debts and America is the boss...
The wars against America are BECAUSE those people acknowledge America will screw them over anyway.
The Americans are the only ones who don't notice the only ones who should be feared ARE the Americans.
A huge government doesn't have to be feared, as long as they do it well, so we really need to fear America since they suck hard...
Gotta eat now...

Marti, reduced to grammar checker on a forum board.
Does it pay well Marti?
Be careful, if you make to much money they will cut off your welfare payments.
Ah the brilliance of the European system, it pays more to be an unproductive leech on society than to work.

"Ah the brilliance of the European system, it pays more to be an unproductive leech on society than to work. "

This comment is simply so silly I have to reply. If it really were the case, that you earn more on not working than working, everyone would stay at home. If they did, there would be no money to pay them. Thus, such a system would pretty soon repair itself.

Every responsible country (note: responsible, wich I would not classify all European countries as...) has a well working system to make sure only those who actually search a new job, get the "unemployment insurance money". (Not sure about the correct english term here, sorry for that.) I do not regard it as a good system if you can be kicked out of your job just because the boss doesn't like you, and have no way to supply yourself while searching for another job. You americans have such an ignorant over-belief in that "the free market will set all things straight". Yes, the free market will set the eceonomy straight in most cases (though when it fails it fails the bigger) but the free market does not take care of the individual. I would be ashamed to live in a country that doesn't care a bit of the ones stuck by a bad fate - a country where rich people get richer and poor people even poorer, and yet they seek to make war in every single country on earth.

You want a reading tip, christmas time as it is? Try out "A Christmas Carol", it might learn you something about the backside of the free market!

"there would be no money to pay them"
exactly what's going on...

Scanung,

I try to sketch the basics for you so your brain doesn't blow up.
The European welfare system pays recipients better than the low paying jobs those recipients can find.

There isn't any money to pay them by the way.
This is why Europe is having a fiscal crisis right now. They can't borrow anymore money.

Ugh, this spambot is still up and running?