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(France 24)   Denmark remains the happiest country in the world, despite having the highest personal debt. No wonder they're happy, what can be better than living off someone else's money?   ( france24.com) divider line
    More: Followup, personal debt, Fogh Rasmussen, spillover effect, Nordic countries, social relations  
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543 clicks; posted to Business » on 13 Nov 2013 at 8:54 AM (4 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2013-11-13 11:46:24 AM  
2 votes:

cryinoutloud: what can be better than living off someone else's money?

[static5.businessinsider.com image 410x237]

Americans must be getting happier and happier and happier, then.

Notice where the problem starts: the year that Ronald W. Reagan was elected President on a platform of eating your cake and having it too, aka Reaganomics. It was also about that time that the 1% started to claw back all the gains made by the Middle Classes since World War I. And the "silent majority" morphed into the moral majority, which is odd seeing as they were anything but silent, moral or a majority, even within the Republican Party.
2013-11-13 06:57:09 PM  
1 vote:

Erik_Emune: Ivo Shandor: "Living off someone else's money" has been one of their cultural traditions for centuries.

Danegeld is for amateurs. Sound Dues was the moneymaker for centuries. Every ship that passed from the North Sea to the Baltic had to pay up, and the enforcement mechanism was batteries of well-manned, well-laid cannon.

Sneaky detail: The dues were calculated as a percentage of the value of the ships' cargo. Now, this sometimes led to captains declaring their cargo to be worth less (Dishonesty everywhere, it's to despair!), so the King instituted a new royal prerogative: That of purchasing any cargo at a price equal to the declared value. Which really cut down on the cheating.


Cool! Tak for det!
2013-11-13 05:14:50 PM  
1 vote:
No wonder they're happy, what can be better than living off someone else's money?

yea, the richest 2% of Amerians who own 80% of this fading democratic republic's wealth wouldn't know anything about living off someone else's labor. especially when they whine to their stockbroker that their dividends aren't high enough.
2013-11-13 10:53:13 AM  
1 vote:
what can be better than living off someone else's money?

static5.businessinsider.comView Full Size

Americans must be getting happier and happier and happier, then.
2013-11-13 09:31:10 AM  
1 vote:
I've been visiting Denmark (and Sweden & Norway) for nearly 40 years, and can attest to the truth of most of the article's main points...tho I did not know they carried such high personal debt. In any case, it's true that there are clubs for nearly any interest. The local schools open in the evenings to make meeting rooms, shops and gymnasiums available for activities. Nobody worries about liability because you can't sue the school if you slip on the ice in the parking lot, or if you cut your finger off in wood shop. The cops are taught to smile and engage the people they meet instead of scowling and a "have a plan to kill everyone you meet" mentality. A largely homogenous population and near-constant no-threat interaction with one's neighbors makes for a contented people.

It also helps that the Danes don't seem to have the puritan streak in them. You just don't see people getting all fired up about what the other guy is doing. Queer? No problem. Wanna sit around drinking beer all evening while watching the kids doing gymnastics or making model airplanes at school? Here, have a cold one...then let's go outside and smoke something.
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