When rumors rule more than reality Food prices have skyrocketed in recent years, and the reasons are more complicated than they first appear. Financial market speculation and stockpiling by major players control food prices more than actual shortages of raw materials. Sweden has also made itself vulnerable by eliminating its emergency stocks and becoming increasingly dependent on imported food….
Category: Banking and financial crises
The history of banks governs world politics
The Mother of Bubbles 2025 – a comment on Cervenka
The mother of bubbles – but what is the basis? Economic journalist Andreas Cervenka accurately points to the risk of a Mother of Bubbles in 2025 after the US AI fever in 2024. The stock market is run by a few companies such as Apple and Nvidia. The "mother of all bubbles" is starting to be warned about, and history teaches us that bubbles burst sooner or later. Often every eight years…
Lack of routines causes system errors
Dan Davies' ideas from the book The Unaccountability Machine see the whole of neoliberalism as a complex system with built-in errors. Jan Wiklund believes on the blog Gemensam in the article "All failures are due to bad routines" 2024/09/18 that crises and failures are not due to individual scapegoats but to a system error that is integrated into the structure of neoliberalism. Sure can…
Sweden: A strong position during the financial crisis without the euro
No euro helped Sweden's economy Sweden has historically chosen to stay outside the eurozone. This decision has given the country some financial flexibility and freedom of action in times of crisis. A clear example of this was the financial crisis. The affected world economy in 2008/2009. During this period, Sweden was in a position where we could pursue an expansive monetary policy to...
The truth about immigration
A conservative view is that a country can either have a sustainable welfare state or high levels of immigration. But that view is wrong. The fact is that we can achieve both a well-functioning welfare state and increased immigration. By using progressive taxes and government deficits to invest in making everyone in society feel good…
Your vote for a government building subsidy can save society and the climate
Vote for the state to reintroduce the construction subsidy https://agera.skiftet.org/campaigns/aterinfor-byggstodet A state construction subsidy to build cheap, good and beautiful homes as well as housing subsidies and regulations that lower the average rent to 25% of the salary of low-income earners can have positive effects on the economy. These measures can potentially reduce inflation, increase employment, promote societal output and reduce economic disparities. By increasing…
He who is in debt is not free - the untrue myth about Göran Persson and his heroic glory
"He who is in debt is not free." Göran Persson's trip to New York to ask for a loan and implement cutbacks has become a destructive and untrue myth in Swedish politics. But the story about the crisis in the 1990s and the need for budget consolidation is not correct. This is written by researchers Niklas Altermark, Max Jerneck and Elisabeth...
Resistance to deficits and investments leads to recession in Sweden
Resistance to deficits and investments leads to a recession in Sweden. According to a debate article by Daniel Suhonen and Enna Gerin, Sweden is backing away from Kataly's handfalls into the future. The Tidö government suffers from a morbid inability to grasp Sweden's problems. The country will probably enter a recession. Growth will be the lowest in the EU. Swedish households do not have…
Inflation peaked in July 2022 in the US but not the interest rate
Inflation in 2022 was due to bottlenecks in production due to the pandemic. The rate hikes did not stop inflation, according to Alan Blinder, former vice chairman of the Federal Reserve. Since July 2022, the rate of price increases in the United States has decreased. Unemployment is the lowest in 50 years. The rising prices are otherwise due to too little competition between the few dominant market players and too free pricing....
No government deficits – society's unnecessary straitjacket
Vote for bigger government deficits! Deficits are part of how the state regulates the market and protects citizens and nature. Neoliberalism attacks this. How is money created? Can we afford to work? Sweden's Riksbank's prize in economic science in memory of Alfred Nobel in 2022 suggested that banks have an important role for the social economy even if this can…