BoatBanter.com - View Single Post - Say NO NO NO to Wal-Mart!!!

In article k.net,
says...
jps wrote:

What happened, couldn't afford to live there? Outstanding it may be but
it's economy is way inflated. Poverty is $50K a year there.

How can you say it's inflated, they live on exports and sell in the
world markets. They compete very well without sinking to the level of
Walmart.

It may be a very expensive place for us to live but the percentage of
Swiss living below the poverty line doesn't even rate a decimal place
while ours (US) is around 13 percent. That says something about their
economy and how they use it.

Rick

Anyone making less than $40K/yr. is subsidized by the federal gov't.
They don't allow poverty.

If they had to compete in the world markets without skimming blood
money, they'd be in a different situation economically.

jps