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That might or might not be the case to a certain degree. If you recall, wages were low in Sweden as well, and having a greater labour pool to compete with might not have been a positive thing.

No matter what, the effect is marginal compared to all the things that actually did make Sweden (and other western countries) rich.

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

by Starvid on Thu Sep 10th, 2009 at 06:22:03 PM EST
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