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And when the (broke) Swedish government raises taxes sky-high, they will all flock to cash, gold, bitcoin and other off-the-radar payment methods.
by LessDmesg 7y ago
And when the (broke) Swedish government raises taxes sky-high, they will all flock to cash, gold, bitcoin and other off-the-radar payment methods.
- tonyedgecombe 7y agoGovernment debt as a percentage of GDP is very low in Sweden: https://tradingeconomics.com/country-list/government-debt-to-gdp https://tradingeconomics.com/country-list/government-debt-to...
- bjelkeman-again 7y agoYep. Sweden’s debt per citizen is about $10k. Compared to US debt per citizen which is $86k [1] https://www.finansportalen.se/sverigesekonomi/ https://www.finansportalen.se/sverigesekonomi/ [2] http://www.theusdebtclock.com/ http://www.theusdebtclock.com/
- LessDmesg 7y agoThe thing about Swedish debt is that it's largely local than national: https://www.scb.se/en/finding-statistics/statistics-by-subject-area/financial-markets/financial-accounts/financial-accounts-quarterly-and-annual/pong/statistical-news/-financial-accounts-third-quarter-2018/ https://www.scb.se/en/finding-statistics/statistics-by-subje...
- tonyedgecombe 7y agoThose figures I linked to don’t distinguish between local and national debt.
- username90 7y agoSweden have high taxes so the government have lots of money, why would they be broke?
- parski 7y agoIf the Swedish government was broke it would still have access to universal healthcare and a free first class education.
- RestAndVest 7y agoSuck dick dumbass.