Denmark is the First to Fall

posh*spice

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Recession hits Europe...:o
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WTF?_2

posh*spice wrote: »

[FONT=&quot]http://online.wsj.com/article/SB121492973436719737.html?mod=hpp_europe_whats_news


Recession hits Europe...:o
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IIRC the Danes have a pretty good income from surplus oil and gas sales and have invested profits over the years in a national fund for hard times, so they should be OK.

In an ideal world you'd say the same about Britain as there was plenty of opportunity to salt cash away during the good times......

tradetime

You should have called this thread something like The Recession Party, Ireland's on it's way.
http://www.forbes.com/feeds/ap/2008/06/30/ap5168638.html
Bear in mind the indication for recession is a lagging indicator, thus Ireland probably is in recession already, just as Denmark will have been for some time.

tradetime

!!!!!!? wrote: »

IIRC the Danes have a pretty good income from surplus oil and gas sales and have invested profits over the years in a national fund for hard times, so they should be OK.

In an ideal world you'd say the same about Britain as there was plenty of opportunity to salt cash away during the good times......

Sadly I don't think Crash Gordon read that book.

IveSeenTheLight

Interestingly, I heard on the radio that Denmark was voted as the happiest place to stay

mizzbiz

IveSeenTheLight wrote: »

Interestingly, I heard on the radio that Denmark was voted as the happiest place to stay

For weekend anyway :rotfl:

Mary_Hartnell

I think Denmark missed out on most of the North Sea "bonanza" and had to prosper on the native intelligence and high employment levels of its people?

Note the falling CO2 figures as Denmark was one of the first countries to pick up on the need to maximise fuel efficiency (build windmills) and having a flat country helps when it comes to making 2 wheels socially acceptable.

Pity these figures are not up to date:

http://www.unece.org/stats/trend/dnk.pdf

http://www.unece.org/stats/trend/gbr.pdf

These are the people with oil and a small population (& and not required to prop up the EU's farmers), who were able to salt away a surplus during the good times (just look at the balance of payments and then think what it must be now?):

http://www.unece.org/stats/trend/nor.pdf

lostinrates

Mary_Hartnell wrote: »

Note the falling CO2 figures as Denmark was one of the first countries to pick up on the need to maximise fuel efficiency (build windmills)

http://www.unece.org/stats/trend/dnk.pdf

Sensible.

I'm not sure I find turbines sightly, but they are not as ugly as pylons,which we are fairly used too. There is big resistance ATM in N.Dorset to a proposed windfarm.

Ivan_Konstantinov

Mary_Hartnell wrote: »

I think Denmark missed out on most of the North Sea "bonanza" and had to prosper on the native intelligence and high employment levels of its people?

And selling plenty of Lego

BiggaThanBen

Ivan_Konstantinov wrote: »

And selling plenty of Lego

and trasportation - Maersk (largest container ship operator and supply vessel operator in the world) ..

Idiophreak

lostinrates wrote: »

I'm not sure I find turbines sightly, but they are not as ugly as pylons,which we are fairly used too. There is big resistance ATM in N.Dorset to a proposed windfarm.

Environmentalists resist *everything*.

Personally, I love windmills, find them anything but ugly...
(although, I guess, I have none in my own back yard...)