They claim to be libertarian so the rich move there, then they can “confiscate” their money a la Cyprus.
All these numbers are low-balling it severely. Please, read the ones listed in order, the conclusions are unexpected but true.
Debt to GDP (and some debt is counted in GDP too).
Singapore 111%, not a typo, minimum
You’d be better off moving to Cyprus, literally.
They’re worse than Canada and Brazil.
Nobody asks what will happen to national debt?
I’d like to see debt by continent.
Most of the worst offenders (by population density) seem to be in Asia, remember debt is distributed per person, so a country with a billion people is in much deeper shit.
e.g. India 71%
All that economic potential of a billion people, it shouldn’t be that high.
Read a few more, in context.
Finland, Israel 61%
Austria 79% etc.
This might not make sense looking through a racial lens.
The problem is socialism. Your national IQ means nothing if you’re lazy.*
It’s a one-trip pony, then the pony must be turned into Ikea meatballs.
It makes the people lazy. The biggest culprit, like falling Rome, is pensions.
AKA enslavement of children.
Years of work to earn a full pension;
This is theft. This is genocidal.
Proportion of wages as pension;
You know it’s bad when the Guardian calls you a dependent culture.
The old living off the blood of the young, who suddenly can’t afford to move out, marry, have replacement level children (plus their taxes also go to immigrants, to do those things instead). Ironically, we’d better hope this is resolved soon, while Europe can bounce back with pre-WW2 numbers. It isn’t (strictly) racial, it’s about entitlement.
Gen X isn’t bothering to save for the greedy section of Boomers (sadly most) and Gen Y know they won’t retire at all.
Not everything is about race.
*However, a lot of white people are striking (Best Post) from a genuine contribution to their current Western ‘culture’, the void of multiculturalism, that hates their very existence. That isn’t lazy.