Cited at the video is the Washington Times, "The Swedish Model: More Than Just a Saab Sister."
Hat Tip: The Real Revo.
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Cited at the video is the Washington Times, "The Swedish Model: More Than Just a Saab Sister."
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3 comments:
Your picture of some economist dude lecturing was not what I expected when I clicked on the story about a "Swedish model." More like Agnetha Faltskog, please.
Trackback: http://republicanheretic.wordpress.com/2010/03/09/the-swedish-model/
Interesting post, Donald! :-)
Well, I think America should find its own solutions.
But I believe in low taxes and free trade.
2004 the Swedish gold reserve at the central bank was 170 tons.
To pay the Swedish national debt we should need 5.200 tons of gold, or 3.7 times the existing amount of gold in the world.
A gold coin from 1910 can buy exactly the same amount of things now, thanks to its gold value, it could 100 years ago.
Sooner or later I fear our financial system will crash, because we print a lot of money, which is not backed by anything.
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