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If You're Poor In Latvia, Move To Denmark
Expenditure on social benefits in the EU fell to 29.1% of GDP in 2011 from 29.7% in 2009, Eurostat said yesterday. However, do not feel too bad for the broad European social state. While France (as one might expect) nears the top of the list with over 33% of GDP spent on "social benefits", Bloomberg's Niraj Shah notes that it is Denmark that spends the most on welfare at 34.3% of GDP, and Latvia spent the least, 15.1%. Of course, in the new normal, as in the US, retirees accounted for the majority of the trasnfer payments with an average of 46% of total expenditure while unemployment benefit accounted for 6%. Interestingly, Greece nears the top of the list with almost 31% of GDP spent on welfare.
Source: Bloomberg
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might as well.. better weather? and more social programs - http://hedge.ly/1c7IE91
We can all print our way to prosperity... together! Forward, comrades!
I find this to be a refreshing article today. Every other post today was about how we are in a bubble, but keep on buying as long as its going up.
We're not really in a bubble, are we?
Prove it....
Welfare = banksters' Gulfstreams
Continental Europeans despise the rich.
Well that's not true actually, they adore the stylishly rich and despise anyone who does not wear all of their money.
In Paris teachers catch the bus, but they carry $2000 hand bags.
Anyone with more money than the cost of a Visace suit is an ass'ole.
If you're poor in the U.S. move the government to Denmark.
The Danes will shoot that government - and rightly so.
"The Danes will shoot that government - and rightly so."
Death by a thousand BB-guns? - all You can own without a license in Denmark is a 4.5/0.177 airgun
As long as the money stays in the nice, anonymous Latvian bank account, why not?
"Income? What income?"
Latvian is rub lamp find genie. Genie say, “What is three wishes?” Latvian say, “I wish potato!” Then, POOF! Potato! Latvian so happy! “Oh! Is potato! Is potato!” say Latvian. Genie ask, “What is next wish?” Latvian is say, “I wish you go away so can enjoy potato!” POOF! Too bad. Also, was only lamp.
Obviously, this entire article is wrong as it implies that the OldFart leaching off of SS and Medicare are almost half of the welfare payments.
Everybody know OldFarts don't live off of welfare. Only "those people" do.
Danish women are hot. Sounds like a good move.
I'm sure they are, but, man, I'd say Latvian women are hotter. Babes galore there.
Latvian women are hot (lotsa blondes with little dogs running around Riga). Be careful though, they are used to putting up with the Russians and guys in the US are pushovers to them.
The current US government is from Denmark
I have an idea. Let's pull our bases out of Europe and let them defend theirselves. Then let's see what their transfer payments look like.
Give it 10 more years, countries like Denmark, Holland, Sweden, Norway, France, UK are going to cave in under the load of their shit welfare states catering to ngs and arabs... The homogenous White Eastern Europe will be the place to be at that point in time.
You sir are 100% correct. Here in Europe the White population is being replaced at a staggering rate. The NWO/YKW agenda is suceeding to a staggering degree.
"..Give it 10 more years, countries like Denmark.."
Sure thing, cant speak for others, but personaly I'm going 75% Galt, lived all my life without debt, have secured my savings - stagger, stagger...say no more
Something stinks in Denmark and they are the best of the lot.
I love statistics. The total expenditure has dropped since 2009 - thanks to the new countries since then that didn't have that rate of expenditures.
Reality is a bitch.