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  • Why won't American, German, Japanese, British and French economy grow by 5% this year?

    10/28/2010 10:59:56 AM PDT · by WesternCulture · 38 replies
    10/28/2010 | WesternCulture
    I'm Swedish and I admit my nation has made a lot of mistakes throughout the centuries. But, in resemblence to the other Nordic nations (Scandinavia + Finland), we know how to run an economy. From people who live in other parts of the World pretending to understand macro economics I often hear remarks like "Norway is rich because of oil" and "Sweden is a small country with a homogenous population that therefore is easily governed". A nation like Libya too houses a homogenous population and has even more oil and gas reserves than Norway, but can't exactly compete with Scandinavia...