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Nettles on 01 February 2016
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Puppyroach said:
Nettles said:
The problem lies with far left ideology.Cultural Marxism and self loathing are central to their thinking.They also love big government, socialism and the nanny state.

Sweden will collapse both economically and socially within the next few years.The path they are on is completely unsustainable - theyve even got negative interest rates now so don't try tell me things are "normal" over there.

From how i see it i cannot see Sweden becoming an Islamic nation/majority.When they collapse the vast majority will die, the rest will become refugees.Very few people will live in Sweden in 10 years, maybe as few as 50,000.It is a very harsh climate, especially when the people are so naive about reality and so soft.Countries with good climates are the ones most at risk of Islam - France, Spain,Italy,Greece.Where is the king of Poland when you need him?

It´s the same rethoric that we have heard from other countries since 1960, yet Sweden continues to grow economically and outperforms many nations with far more restrictive immigrations policies. And the last segment made me laugh, you really have no clue about Sweden, do you? :).

 

No clue? I ask again, if Swedens economy is so great then why do they have negative interest rates?

Ive been posting on other economics based forums for over a decade so i knew previously that Sweden also has a housing bubble and sky high personal debt levels.HSBC even reported a month ago that Swedens housing bubble was unsustainable, see for yourself : http://www.businessinsider.com.au/hsbc-sweden-housing-bubble-not-sustainable-2016-1?r=UK&IR=T

 

I live in Australia, we have the same housing bubble and high personal debt load issues as Sweden but i don't run around kidding myself that the economy is in great shape, it is deteriorating here.Still, our interest rates are at 2.00% so we have room.What are you guys going to do when things get worse, drop rates even further into negative territory? You might as well hold cash, then you can avoid the negative rates.You still have cash right? I heard some banks have stopped stocking banknotes and they are tearing out ATMs all over the place.It ain't good dude.