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It was the insane economic policies of the 80's and the bungled credit deregulation that resulted in the crisis in the 90's.

So I wouldn't heap too much praise on the Swedish economic policies of the 80's. No praise at all really.

It's like saying that US economic policies have been great for the last ten years. Unemnployment was pretty low, everyone got to buy these nice houses, big plasma TV's and even bigger cars.

And then we got this unfortunate crash which had nothing whatsoever to do with the previous policies... </snark>

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Wed Oct 8th, 2008 at 11:26:46 AM EST
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