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Originally Posted by Cynthetiq
Other comparable countries have HUGE taxes on everything which is how they can spend more on their elderly and healthcare.
as far as less families in debt?
I'm not so sure, I saw MANY people who shouldn't have cellphones in the Philippines and India, but because they needed to "keep up with the Joneses" they did and pay ALOT for using it. People are living above their means in many countries, not just America.
I've lived in another country for an extended period of time. Have you? Some of them trade off some freedoms to have such government services.
I'd be willing to move back to Singapore even though it would curb my freedom of speech and right to bear arms, all for the safety and cleanliness of that city state.
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I'm sorry Cyn.... I should have qualified "comparable" as meaning countries that are considered more industrial and "advanced" such as Finland, Sweden, Spain, Italy, Australia, Germany, France, England, Canada, Japan, and so on. All the data I have seen and read and friends I have that have been to some of these, live there and so on all show the same evidence, that I have pointed out.
But I would be more than willing to share evidence with you and if I am wrong admit it.
The Philippines, India, Singapore... "the Asian shelf" is pretty much still developing. The exceptions are Japan, Taiwan, Australia and China.
Now in 10-20 years if not sooner they should become major players as they are developing at strong rates, most of them.