"you lot fail to compete"?
Explain that one.
I will.
The dollar has fallen something like 100% towards the leading scandinavivian currency, the Swedish Krona (SEK) since 2001.
While the American economy is facing a slowdown, Sweden and the rest of the Scandinavian economies will reach levels as not dreamt of before in the the history of mankind.
Imagine everyone having two homes + the SUV.
That's us.
- The reason I wish to market this concept of society is not that I oppose traditional conservatism and capitalism. The reason, sooner, is that the Scandinavian countries of today is the best example of healthy capitalism and societal organization existing in this world of today!
Long live PROSPERITY!
Economically speaking, with the dollars decline our exports are cheaper than anyone elses, except Asia.
The American standard of living is still ahead of the scandinavian countries as well as Europe.
You have to take the income and see what it buys. Our prices here are half, sometimes one third of those in Europe.
Don't get too giddy about Scandinavia. It won't last more than a couple of years. The only advantage Norway and Scottland have is their oil production. Watch Gneral Motors and Fords decision soon on whether to continue building Cars in Scandinavia, where it has become a losing proposition.
"While the American economy is facing a slowdown, Sweden and the rest of the Scandinavian economies will reach levels as not dreamt of before in the the history of mankind."
Sorry, I don't share your enthusiasm. I have always looked at trend lines when I was European director for my company. They don't bode well.
by the way, people who drive Volvos purchase them at half price through Ford, the parent company.
Same goes for Saab, only those are purchased from General Motors, again, the parent company.