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  1. #1
    ABW Ambassador
    Join Date
    January 18th, 2005
    U.S. Economy compared to 9 others

    GDP -10%
    Inflation 17.6%
    Unemployment 6.6%
    Markets -9%
    Gallon of gas $8.20
    Interest Rates 18%

  2. #2
    ABW Ambassador purplebear's Avatar
    Join Date
    January 18th, 2005
    $8.20 for a gallon of gas in Iceland
    ouch .....think at that price I'd do an awful lotta walkin. lol

  3. #3
    Join Date
    March 31st, 2009
    Gas prices are Crazy
    I'm right behind you $8 WOW!!

  4. #4
    Affiliate Manager Alan Hamilton's Avatar
    Join Date
    March 13th, 2006
    Colorado / Florida
    No political intent here, just socio economics from other parts of the world:

    Denmark - income tax rate: Above U.S. equivalent $100,000.00 per annum = 69%

    National sale tax on all goods purchased = 25% (plus the 69% above)
    Auto purchase = 180% sales tax. Yes, this means that a $10,000 vehicle costs $18,000.00 in taxes + $10,000.00 purchase = $28,000.00. Wow, those Kias are getting costly!!!

    Healthcare system = 97% "free" (provided that you don't count income tax, national sales tax and vehicle tax as a cost.) hehe. I love "free" stuff, kinda reminds me of couponing... arrgh...
    Join the Spicy Aprons Affiliate program on ShareASale Visit us on Facebook Follow us on Twitter @Spicyaprons

  5. #5
    Affiliate Manager FriendlyPlanetTravel's Avatar
    Join Date
    February 23rd, 2009
    Jenkintown, Pennsylvania
    So China with:

    GDP 6.7%
    Inflation -1.6%
    Unemployment 9%*
    Markets 22.1%
    Gallon of gas $3.01
    Interest Rates 5.31%

    is the overall "winner" ? Growing economy without inflation. One question - I thought in a communist country everyone is employed - comrade?

  6. #6
    Newbie Webtistic's Avatar
    Join Date
    March 30th, 2009
    Quote Originally Posted by purplebear
    $8.20 for a gallon of gas in Iceland
    ouch .....think at that price I'd do an awful lotta walkin. lol
    The Icelandic economy has collapsed quite recently (after being one of the fastedt growing in Europe) due to an over-emphasis on the (now defunct) banking sector.

    What do the say about 'putting all your eggs in one basket'...?

  7. #7
    Join Date
    May 9th, 2005
    It certainly looks like that China is winning the financial battle.

    The three most valuable banks in the world now are Chinese. Their market value now dwarfs any western competitors.

  8. #8
    Affiliate Manager
    Join Date
    January 18th, 2005
    Los Angeles, California
    Quote Originally Posted by purplebear
    $8.20 for a gallon of gas in Iceland
    ouch .....think at that price I'd do an awful lotta walkin. lol
    Back when US gas prices were at their peak I saw a lot of cyclists on the road and the metro trains here in Los Angeles were packed.

    Now there are fewer cyclists, and lots of empty seats on the trains.

    Too bad, 'cause the trains are pretty convenient (I do a lot of design work on the train, making use of time I wouldn't have if I had to drive).
    Richard Gaskin
    Developer of WebMerge: Publish any data feed on any site

  9. #9
    Ad Desk AM Gabe's Avatar
    Join Date
    July 31st, 2008
    Pretty neat article that gives interesting at a glance info.

    Thanks for sharing,
    Gabe Goldstein | Ad Desk
    Phone 703.265.5061
    Email Gabe.

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