The stark choice: Increase German debt or save the Euro

[doodab]

I think the problem is deeper than simply enabling people to buy more stuff to keep the juggernaut rolling. I think there comes a point where pursuing economic growth for it's own sake doesn't actually correlate with an increased standard of living at all, and I think we might be reaching that point in the developed world.

[sasguru]

42% car sales tax; .

Just noticed that. Yikes Madness

[Mich the Tester]

Just noticed that. Yikes Madness

It is indeed madness, but that's what you get when people think the government should protect them against every possible risk they might run in life, from those risks that are understandably difficult for most individuals to deal with like loss of income through long term illness or invasion by a foreign power, to nonsense like checking whether foods are labelled with the amount of calories and vitamins they contain, something which any literate person can find in a book and then estimate for themselves instead of relying on an expensive government agency to hold their hand in the shop.

[sasguru]

where?

Poland I think

[Mich the Tester]

I think the problem is deeper than simply enabling people to buy more stuff to keep the juggernaut rolling. I think there comes a point where pursuing economic growth for it's own sake doesn't actually correlate with an increased standard of living at all, and I think we might be reaching that point in the developed world.

Yes, quality of life is really more important once you have your comfy house, your colour TV and your family car. Incidentally, that's one threat to India and China's growth too.