[Lula-chat] [Fwd: More to the Story]

[Martin Bähr]

On Sat, Jul 23, 2005 at 01:07:19AM -0700, Christopher Smith wrote:
> Sigh. Actually it does both, and about 60% of our current debt is
> money the government owns to private institutions. Over 1/5 of our
> debt is owed to foreign lenders (yeah, think about the pickle that
> puts you in). For an idea of what happens to a country when these
> numbers skyrocket, take a look at New Zealand's recent history.

please elaborate.
last i checked, new zealand had managed to completely reform their system
and now they are able to provide free basic medical care to every 
new zealand citizen.

or does "recent" refer to the time before that?

new zealand shows that a tax reform is possible.

greetings, martin.
-- 
cooperative communication with sTeam      -     caudium, pike, roxen and unix
offering: programming, training and administration   -  anywhere in the world
--
pike programmer   travelling and working in europe             open-steam.org
unix system-      bahai.or.at                        iaeste.(tuwien.ac|or).at
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Martin Bähr       http://www.iaeste.or.at/~mbaehr/
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