Estonia is a success story.

Discussion in 'The Red Room' started by sandbagger, Jun 6, 2012.

  1. Dr. Krieg

    Dr. Krieg Stay at Home Astronaut. Administrator Overlord

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    Drunk at 8am? Damn, dawg. :lol:
  2. Nautica

    Nautica Probably a Dual

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    It's far easier to say "Dot, not Feather"... FWIW. :shrug:
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  3. Dinner

    Dinner 2012 & 2014 Master Prognosticator

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    Suffice it to say I didn't make it into work today. I need to learn to deal with my problems in a more constructive way than being a drunk.
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  4. shootER

    shootER Insubordinate...and churlish Administrator

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  5. Chuck

    Chuck Go Giants!

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  6. Scott Hamilton Robert E Ron Paul Lee

    Scott Hamilton Robert E Ron Paul Lee Straight Awesome

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    I believe it would be 6:00 am in his time zone.
  7. shootER

    shootER Insubordinate...and churlish Administrator

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    Krieg and CS are in the same time zone.
  8. RickDeckard

    RickDeckard Socialist

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    LOLOLOLOL

    This is the great "success story" of austerity from the right-wing echo chamber? Estonia hasn't even recovered to pre-crash levels yet.

    Maybe everyone should collapse their economies to nothing next year so that we can have record growth the year after!
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  9. Dinner

    Dinner 2012 & 2014 Master Prognosticator

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    http://krugman.blogs.nytimes.com/2012/06/06/estonian-rhapsdoy/

    Key graph:

    [​IMG]

    So a deep depression like fall in the economy followed by a short but incomplete recovery, a recovery which will likely turn south again when Greece is forced out of the Euro and Spain's troubles continue on. But, hey, after a 20% fall in GDP you could even get a dead cat to bounce. Also, their recovery has been stalled for three quarters in a row.

    Is this really what passes for success?
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  10. RickDeckard

    RickDeckard Socialist

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    It isn't so long that they were calling Ireland a success, for this:

    [​IMG]

    There isn't enough :facepalm: in the world.
  11. Dinner

    Dinner 2012 & 2014 Master Prognosticator

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    The problem is Sandbagger likes to post articles like this but runs away and can't actually defend them when people start digging into the numbers. At least some of our conservative posters do defend their positions and know how to do so logically. Sandbagger though... Not so much.