200 miljarder extra varje år -
Vem ska betala Sveriges NATO nota ?
200 billion SEK extra every year –
Who will foot Sweden's NATO bill?
Svenska Epoch Times interviews Anne-Marie Pålsson, former Swedish member of the Parliament, writer as well Associate Professor of Economics
This one is interesting, because it includes Sweden's economical past starting from the early 90s, when Sweden got hit by the largest crisis since WW2 - and how things came about, why the central bank rose the interest to 500%, and what happened later.
Moving to our times, where Sweden suddenly is in NATO, and we are talking about 200 billion SEK which are required annually. Money which doesn't exist really but is supposed to be paid for the military on top of existing military bills. Nobody, neither government nor opposition speaks about. How this is supposed to be paid - because it is a huge sum extra - out of the blue - compared to our total budget !
Reminds me of Germany, which is even worse in that regard, which pushes Germany into poverty in the near future, when the consequences of the past years politics are to pull though.
Swedish politicians now are taking away the debt breaks, and borrow more and more - without accounting on how this is being financed or paid back without raising taxes... Same case like politicians handle things in Germany (on a far grander scale).
This bodes ill for the future with such irresponsible politicians (which i feel are answering to foreign interests !)
YouTube; (45 min) Swedish language • translations available
"Sweden is set to spend an extra 200 billion kronor a year on defense – but no one is willing to say how it will be funded. How much is 200 billion kronor, really, compared to what we spend on healthcare or education?
Anne-Marie Pålsson, associate professor of economics and former Member of Parliament, dissects the collapse of the surplus target, the toothlessness of the Budget Act, and the political catch-22 in which both the government and the opposition find themselves.
Are tax rises on the cards after the election?
Or cuts to welfare?
Or a debt burden that could explode in the next recession?
