Originally posted by grassfarmer
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Mustardman, I honestly haven't studied Sweden's example, and I will. But if I had to guess, during this period, they likely deindustrialized, and increased their "information economy" Which is a polite way of saying that they moved all the dirty industries off shore, while shuffling paper at home, which certainly is the way of the future, but is not saving the planet, nor is it adding real economic growth. But I will do some research and see, I hope I am wrong, and they have found a way to do it while also increasing productive capacity of their country.
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A couple of thoughts on Sweden. 83% of electricity comes from hydro and nuclear which is given credit to a great extent for their low C02 emissions.
Taxes 25% VAT. Personal 31% income tax up to 62 thousand US dollars, above that 51%. The one that caught my eye was corporate tax 22%. Government debt is a little over 40% of GDP.
I would be interested in knowing if they are having the same problems with drugs like fentanyl as we are in Canada. Countries like Norway and Sweden seem to have a more cohesive culture, I think this contributes a great deal to their success.
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