re Australia.....the current labour government has successfully ripped the guts out of what was a good surplus and put every Aussie in about $9k debt to fund a vote buying handout frenzy. British tobacco, Carlton united brewery and Tabcorp are the only real beneficiaries. And now they want to smash our heavy industry with a carbon trading scheme that the rest of the western world is shying away from.....sorry, I needed to vent! If you're a fair dinkum Aussie you'll know what I'm ranting about.
I gotta admit that I'm dubious about the cash handouts, but quite a lot of the stimulus money is going into school infrastructure, which is not a bad thing. http://blogs.crikey.com.au/pollytics/files/2009/02/stimulus1.png
Are you out of your fucking mind or do you think Americans are so stupid they do not know anything about Brazil? Pixote, Bus 174 should tell all outsiders enough to stay away, unless one is going there for the Carnival activities.
I remember a similar thread some time ago. Seems like one of the former Soviet (eastern European) countries came close to your criteria. Maybe Lithuania....not sure.
Does anyone think investment banks function more as banks as commercial banks do?? Their main difference is that investment banks funds come from investors who are willing to give their money to banks to receive an % payment. Commercial banks in the other hand use depositors money to engage in FRL so they can loan and make money. In my opinion investment banks play a more convervative role than commercial banks do. That explains why a lot of then have already gone under.
The Vatican ...... plus, if you believe them, they also have GOD on their side. Great business model... ask their people for cash and they get it - apparently in good shape and has now been goin for about 2000 years....
Eastern europe is in a very bad shape as there consumers went out and got CHF mortgages meaning twice the repayment as the local currency collapses.
I WOULD LIKE TO CLOSE THIS THREAD. IT SEEMS THAT THERE IS NOT COUNTRY PRACTICING A GOOD MONETARY POLICY. There are countries that do have a more conservative approach but nothing more. Thank you all for your comments.