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Old October 17th, 2013, 07:35 PM   #1
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The 11 Countries That Still Have Perfect Credit

Damn, all of these are socialist democracies and national healthcare plans.

How can that be??

Click here to see the countries with perfect credit
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Old October 17th, 2013, 07:43 PM   #2
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It is not because their heathcare plans.

It is because the people in those countries buy private insuracne and avoid the National health care system.

That isn't it either..


It is because they haven't borrowed money to bail out every thing from an Italian Jeep Company, to Zimbwabe.


My creidt rateing is close ot 0..


Why because I have not borrowed a penny of money since Oct 27th 1994, and I have not had an active loan on which I am making payments since June of 1998 (When I made the last payment on my previous home) My Current Home I used the 100% Down Mortgage..
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Old October 18th, 2013, 12:22 AM   #3
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Damn, all of these are socialist democracies and national healthcare plans.

How can that be??

Click here to see the countries with perfect credit
I've been in Australia for nearly 30 years. We are number ONE for a reason. The key to our success is something that is talked about everywhere...every pub, supermarket line...everywhere. Two phrases say it well enough:

The Aussie fair go

Mateship

We don't bother anyone over too many social issues...look at the Gay Mardi Gras...and the Nimbin Mardigrass. So what? Who cares? We don't. Live and let live.

Our government is no so big a regular person can't meet those running the place. The Federal government MAKES IT A POINT to hold sessions in far flung places so "ordinary folk" can actually "be there".

Of recent public interest is...exactly what was mentioned in this post I'm replying to. Indeed, our resources sector is taking hit after hit because the world slowdown also slows down our raw exports. So? Instead of sending coal and iron ore to Japan and buying back Toyotas...we are making them here, now. We took 20 very long years to make LPG as readily available as cold beer. This LPG infrastructure is powering SE Asia. Our GST consumption tax WORKS. Our public healthcare sees the government defray premiums and stay arm's length away from PRACTICING medicine, themselves.

Cutting to the chase...

The government stays pretty much outta yer life...

Just sayin'...

BTW: ya can't get past our beaches!
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Old October 18th, 2013, 12:34 AM   #4
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It is not because their heathcare plans.

It is because the people in those countries buy private insuracne and avoid the National health care system.

That isn't it either..


It is because they haven't borrowed money to bail out every thing from an Italian Jeep Company, to Zimbwabe.


My creidt rateing is close ot 0..


Why because I have not borrowed a penny of money since Oct 27th 1994, and I have not had an active loan on which I am making payments since June of 1998 (When I made the last payment on my previous home) My Current Home I used the 100% Down Mortgage..
My own view is that until a family (etc) can "get out from under" onerous debt...mortgage credit cards, other loans...they will never see the end of the draining of their capacity to get ahead. Once they do get clear...there are resources available to "roll the dice".

We use an urban commercial property to borrow against...to conduct all sorts of things. If it goes well...we pay back the loan quicker than if we end up financing a dud idea. We try to borrow only what the rents will shore up. Still, if worse comes to worse...we lose the place...cry a bit...and don't worry past the corporate veil that insulates our family from any follow-on indebtedness.

If only Uncle Sam had some real fiscal sense...
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Old October 18th, 2013, 12:43 AM   #5
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Chinese agency downgrades US credit rating - FRANCE 24

"A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington's resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained "unchanged".

Dagong lowered its ratings for US local and foreign currency credit from A to A-, maintaining a negative outlook, the agency said in a statement..............."
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Old October 18th, 2013, 12:48 AM   #6
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Chinese agency downgrades US credit rating - FRANCE 24

"A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington's resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained "unchanged".

Dagong lowered its ratings for US local and foreign currency credit from A to A-, maintaining a negative outlook, the agency said in a statement..............."
I hope...I mean I REALLY HOPE...the USA prints what's owed to "The Peoples Republic" (ha!) and pays off the debt. This is karma at work...for all that crappy merchandise I've bought from China...that breaks immediately...then gets tossed onto the Chinese Junque Pile behind my shed...then, when there's whole bunch of it...to the dump in the pickup truck...which gets recycled...sent back to China...where they make more crap that ends up in the Chinese Junque Pile behind my shed again...that goes to the dump in my pickup again...
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Old October 18th, 2013, 01:16 AM   #7
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Originally Posted by pana8 View Post
Chinese agency downgrades US credit rating - FRANCE 24

"A Chinese ratings agency downgraded its US sovereign credit rating Thursday despite Washington's resolution of the debt ceiling deadlock, warning that fundamentals for a potential default remained "unchanged".

Dagong lowered its ratings for US local and foreign currency credit from A to A-, maintaining a negative outlook, the agency said in a statement..............."
YES, BECAUSE WE ARE BORROWING TO PAY OUR DEBTS.

I am telling liberals this the debt ceiling is going to be hit... not because we don't raise it but because our CREDITORS WILL NOT RAISE IT..

then we are in heep big doo doo
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Old October 18th, 2013, 01:22 AM   #8
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I hope...I mean I REALLY HOPE...the USA prints what's owed to "The Peoples Republic" (ha!) and pays off the debt. This is karma at work...for all that crappy merchandise I've bought from China...that breaks immediately...then gets tossed onto the Chinese Junque Pile behind my shed...then, when there's whole bunch of it...to the dump in the pickup truck...which gets recycled...sent back to China...where they make more crap that ends up in the Chinese Junque Pile behind my shed again...that goes to the dump in my pickup again...
They are already doing that through stimulus. The more they "print" the more value the dollar loses and the less they're debt becomes in actual value. Its a catch 22 though and when the world loses all confidence in the USD as they are now hyperinflation will occur and we will lose control of the global currency dominance claim. They are in "just one more day" mode because they know that what they are doing will cause interest rates to go up. When that becomes out of the control of the federal reserve when we have start paying ave. interest rates on the 17trillion we owe they will default or have no choice but to default and that is why I laughed when Bernanke threatened to taper off the QE program. They cant quit now and not pay for their wreckless spending.
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Old October 18th, 2013, 03:21 AM   #9
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China's statement to the rest of the world is correct. IMO, it is in the World's bests interest to de-Americanize. We no longer have a stable government. Therefore, we can no longer be seen as a source of stability. If I were China and Japan, I would stop rolling over my American Treasury bonds. I'd take my money elsewhere. We were once the safe haven of the world but our unstable government is quickly changing that perception.
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Old October 18th, 2013, 03:58 AM   #10
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Originally Posted by imaginethat View Post
Damn, all of these are socialist democracies and national healthcare plans.

How can that be??

Click here to see the countries with perfect credit
I think the takeaway here is that they don't have the out of control deficit spending and unsustainable national debt that the US has. The US deficit and debt are too high to be allowed to join the EU of socialists countries. What does that tell you.

Now Democrats have stared down Republicans they will get their trillion dollar budget deficits indefinitely. God help us!
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