Your English is fine! BTW, my sister is visiting Sweden right now. She's loving it.
In case you don't know exactly where Sweden is at financially, check this out:
20. United States - 101.1% (It was 60%, just 4-5 years ago)
External debt (as % of GDP): 101.1%
Gross external debt: $14.825 trillion
2009 GDP (est): $14.66 trillion
External debt per capita: $48,258
7. Sweden - 282.2%
External debt (as % of GDP): 282.2%
Gross external debt: $1.001 trillion
2010 GDP (est): $354.7 billion
External debt per capita: $110,479
In this particular respect, it is worse than Greece. This last figure is very important. That's YOUR personal federal debt to your government in Sweden. You probably also have provincial/city debts as well. Is your local media saying anyting about this?
Our media is a poor and our government is even more secret than US. Unfortunately this goes for the whole EU.
The problem with debt, internal or external, is to get hold of how much it actually is. Also, the liabilities, private savings, taxes, public sector etc. are important factors.
E.g. An average Swedish person has more personal debt than the american ones. But the Swedish person also pays
much more in taxes (almost 70%) and the public system is much
more generous (whether you have an income you can still use a lot of the resources) which makes it even less flexible. This means that Sweden is very sensitive and right now our country has an balanced budget because our biggest markets, North America and EU, are taking huge loans to finance their over consumption. If these two "crashes", Sweden will crash and probably much worse then the others. Also, our government-take-care-of-you-from-cradle-to-grave-policy have made sure n
o one saves any money! The situation is so sensitive that our government keeps the numbers secret and constantly feeds the MSM (which often are financed by the government) with news that this "house bubble" rumors are false. Our government has
decreased the employment number through increasing the university/college, which means that we will have over educated (with degrees with no or little values) unemployed people with more debts in the future.
Our national debt is only 40% of GDP, but as you see this could swift extremely fast because many of the factors are really bad. Since our government is secret so are we doing our own research with what we can find, and what we really would need is our own debt clock like this one, http : // usdebtclock .org/
I could email some people university professors in economics to see if they would wan't to participate in an interview and maybe they know more than me.
Glad your sister likes it. She's studying at Lund? If she want's an Swedish/European citizenship so can it be traded for an american one.
