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Resistance to deficits and investments leads to a recession in Sweden. Sweden backs down according to a debate article by Daniel Suhonen and Enna Gerin at Katalys fallen 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 cannot afford to spend more. Many end up with the bailiff because they cannot pay the electricity bill. Sweden's electricity prices are the highest in the EU. Our country is the one that has done the least to moderate electricity prices.
Reluctance to deficits and investments makes the Swedish economy the sick man of Europe.
Housing construction stops and there is a housing shortage in the country. We have pushed down the national debt completely unnecessarily at the same time as households' private debt exploded. The IMF believes that Sweden should increase its growth by investing in infrastructure, education and green investments.
Housing construction has stopped since 2020. Not to mention 1992 (after that year very little has been built). The reason is probably that a lot of middle-class people have borrowed over their ears to buy far too expensive homes, and are now terrified that increased construction will drive prices down and drive them into bankruptcy themselves.
Otherwise, what you say is of course correct.
But it goes further than that. The entire North Atlantic area is moving towards increased rentierism. Toll gates, i.e. arrangements where people have to pay for things that already exist, have long since eliminated productive activity. The so-called business community has outsourced the latter for a generation, and instead devoted itself to unproductive activities – patents & copyright, finance, real estate, raw materials, platforms and public contracts. More about this at https://gemensam.wordpress.com/2021/10/27/naringslivet-har-trottnat-pa-produktion/
The low level of housing construction is due to an increasing ban on government deficits. When the government doesn't create money through deficits, the middle class has to do it by borrowing especially if not enough rental properties are built.