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It is worth pointing out that we Northern Europeans can only afford this because we have a small group of highly competitive and wealth generating companies and
by 0xDEF 3y ago
It is worth pointing out that we Northern Europeans can only afford this because we have a small group of highly competitive and wealth generating companies and sectors. We would be in a dire situation here in Denmark without Novo Nordisk. 1-2 years ago it was Maersk, DSV etc. that held up our economy because freight prices were high.
- tokai 3y agoNot true. Denmark has a very diverse economy.
- firewire 3y agoDenmark, Sweden, and Finland have economies that are nowhere near as concentrated as the two other Nordic nations. Norway is analogous to a Middle Eastern petrostate with over 60% of their economy being derived from oil. Iceland is also heavily reliant on aluminum mining and fishing with those two sectors making up over 70% of their economy.