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10 sats \ 1 reply \ @TomK 30 Oct \ parent \ on: Swedish economy in recession, preliminary data shows econ
Scandinavia turned to max welfare state during the 70s with taxes higher than 80%. Then it collapsed and they slowed this down but never really embraced freemarket economies. It's the european mental illness.
i have to say, it's quite interesting as an experiment. we've had all these countries running all kinds of economic models, how many of them will stand the test of falling birth rates and population is key i think
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