Sunday, March 11, 2018

Denmark has a near perfect economy with very closely balanced trade.


Denmark is the 31st largest export economy in the world. (click here) In 2016, Denmark exported $82.2B and imported $83.8B, resulting in a negative trade balance of $1.54B. In 2016 the GDP of Denmark was $306B and its GDP per capita was $49.7k.
The top exports of Denmark are Electric Generating Sets ($3.14B), Packaged Medicaments($2.66B), Pig Meat ($2.61B), Human or Animal Blood ($2.25B) and Refined Petroleum ($1.94B), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Cars($4.03B), Refined Petroleum ($2.41B), Packaged Medicaments ($2.39B), Computers ($2.04B) and Crude Petroleum ($1.3B)....
Denmark does all this for a very vital economy, while protecting it's coastlines from sea level rise and ending greenhouse gas emissions. Add to the incredible people of Denmark their benevolence and it puts the USA to shame.
Denmark embraces science and its scientists and it's economy is a result of change which is very healthy to economic growth. Denmark's national debt is 37.7 percent of GDP which equates to $21,894 per capita. That per capita debt is far below the current national debt per capita of the USA which is currently $63,735. The current USA national debt is nearly $21 tillion and growing.
The USA national debt did not result because of scientific direction; it occured because of the wars (Latest study on Iraq shows the cost has topped $2 trillion alone) and the damages to the country by the Climate Crisis. This debt is real and imposed by lawmakers that ignore science and indulge Wall Street.
The USA simply doesn't do it right. It refuses to change and it shows it. It is called corruption and cronyism.