mspohr
Well-Known Member
Have to get a new ruling classthey become like most other countries in the world?
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Have to get a new ruling classthey become like most other countries in the world?
do you really believe that would make things different? just who do you think would compose this new ruling classe?Have to get a new ruling class
I don't think it will be better but it will be different (and inevitable) with rapid economic change.do you really believe that would make things different? just who do you think would compose this new ruling classe?
don't you think that your idea is very akin to shuffling the deck chairs on the titanic?
they become like most other countries in the world?
like malaysia?Most other countries in the world aren't smart enough to a have a sovereign wealth fund... except Norway... those Norwegians are AWESOME. Wish the US was more like Norway
Norway is not quite like Malaysia:like malaysia?
bingoNorway is not quite like Malaysia:
1MDB, Malaysian Fund Tied to Scandal, Misses Payment to Abu Dhabi
Lots of corruption in Malaysia.
Speaking of Saudi oil....this popped up in my feed today.
Secretary of Energy Rick Perry Announces Nearly $20 Million To Help Commercialize Promising Energy Technologies
Sounds pretty good, right? Til I read some of the recipients.
Safer drilling – Reducing risks and costs with real time, downhole kick detection, $700,000
Saudi Aramco, Houston, Texas
The wealthiest entity in the world apparently needs $700k of my tax dollars to figure out how to drill more safely in Texas. Announced the day after 9/11 no less.
We live in a bizarro-universe.
bingo
Is Norway a free market economy?Why do some people seem to think that if something doesn't work once that it won't work at all?
Be like Norway... not like Malaysia...
Is Norway a free market economy?
In that way it does not exist not even in allmighty US. But yes, Norway is trying to befree market economy same as other modern economies. Important to say that scandinavian countries have lower degree of economic freedom due to high taxes (state redistribution of wealth).
no thanks
the freedom to be as successful and prosperous as their efforts will allow them without a nanny state taking an inordinate amount of the fruits of their laborAside from the freedom to go bankrupt if you get sick what freedom do Americans enjoy that Norwegians don't?
the freedom to be as successful and prosperous as their efforts will allow them without a nanny state taking an inordinate amount of the fruits of their labor
you are just a government loving statist
are you aware that the lending of money is against the tenants of islam?Some seem to forget, economies are man made. No people, no economy and as far as I can tell, god doesn't control it either. A human game, and humans make the rules. What are the rules? Why did you once get interest on your savings and now you don't? Why was there once a limit on interest rates? [known as usury laws] and now credit card rates rather than being limited to 4-6% are now up to 29% or more? I trust you are getting the idea. There are no "natural laws" of economics as it is all a man made game.
Anyway, I'd guess the Saudi's can just print money, which is probably what they do now and that works as long as people have faith. Just like our dollar.
are you aware that the lending of money is against the tenants of islam?
as for the "game" for almost as long as humans have been on the planet economic schemes have been implemented for trade and commerce. many of you just have an issue with the US/western styled capitalism