sweden was actually richer than most countires after second world war due to managing to stay neutral throughout the war but also selling insane ammounts of iron to both sides.
Yeah but when was the latest big corp that came out of Sweden? That actually have big economic gain that is? People making this video's will look mighty dumb in 10-20 years when Sweden have decayed enough for it to show outside our borders. The things is Swedish IQ have been declining, new startups have declined, more are closing down as well, PISA results are down, education is a joke now, where we have to take in foreign expersts to our mining industry because we can't educate our own population in relevant subjects. The only reason our BNP have been growing these past 10-20 years are due to mass immigration but that will catch on to us just like it does in Germany right now. It's not real economic growth as our population vastly outgrows it. We are the country on earth that have the highest degree of personal debt, especially when compared to the size of the Swedish economy. Crime is massively on the rise, people don't feel safe going outside and we are targeted by Muslims. Unemployment are higher than it have been in years and are increasing. The way we measure employment have also changed so that the numbers are vastly skewed. All the while unskilled mass immigration is still happening. Massive abuse of our welfare systems occur to this day and we don't even know the exact numbers of people that live here or what they do. It's all a balloon ready to pop.
Mojang? Spotify? Skype? We’re not a manufacturing powerhouse, but please you gotta be willfully ignorant if you can’t think of any recent companies that blew up, lol.
Sweden also was triding with nazis in war time , they bought steel from Sweden , and after was Sweden had infrastructure , cash to spend from money they earned in ww2 , and even Sweden was neutral state , Sweden recived money from Marshal plan , also Sweden was vital for US & west Europe when it comes to spying on soviets , and fact that most economic competition (Poland) was outside capitalist system was huge factor for Sweden success ... Sweden was "right place , right time" .
This is often put forward but I don’t think it really explains much. Its Nordic neighbors didn’t have their infrastructures destroyed either yet Sweden faired significantly better than them until around 1990. And the most impressive economic success stories since WW2 were countries that *were* bombed to shit AND were very poor in natural resources, like Germany and Japan and South Korea. So it’s possible Sweden would actually have benefited in the long term from having its factories destroyed in the 1940s also. As England and later the UK/Britain was expanding its colonial empire it was Sweden who supplied the most important raw materials for its ship industry (often seen as an industrial precursor), mainly iron and oak. This went on for centuries. So not only did Sweden, unlike Norway and Denmark (Finland was ruled by Sweden and later Russia during this time) have the natural resources, it also had a front row seat to observe the proto-industrial and industrial tech revolutions happening in Britain. Sweden was always primed to become an industrial nation, which it did and most of the companies that dominate the Swedish stock exchange to this day were founded before WW2. Yes, these companies didn’t get destroyed in the war but it’s not like Denmark and Norway and Finland were ever on an equal footing with Sweden industrially before the war and had their stuff destroyed and then Sweden filled the void and left them in the dust, no they never had as much industry as Sweden and still don’t to this day. Norway in particular was very economically backward compared to Sweden until it found oil in the 1970s, it would not have shared Sweden’s trajectory had it also managed to avoid occupation.
Swedish inventions at a glance: Dynamite, Bluetooth technology, Zippers, Computer mouse, Gimballed stove, Adjustable wrench, Propeller, Astrid Lindgren's Pippi Longstocking books, AGA cooker, Tetraethyl lead (leaded gasoline), GPS receivers, Ultra-wideband technology, Ballpoint pen, Nordlead Keyboard, Bluetooth headsets, Skype, Spotify', Oat milk, H&M fashion, IKEA, Absolut Vodka, The Pirate Bay, JAS Gripen, SAAB, Bofors, ABBA. These are just on top of my head..
Dynamite: Not a invetion, a developed product. Bluetooth technology: It was a cooperation between Sweden, Denmark. Norway and Finland.. Also a developed product. Zippers: Not Swedish: Computer mouse: Not Swedish. Gimballed stove: a developed product, not a inversion. Adjustable wrench: Developed product, not an inversion. Propeller: Not Swedish, not an invention. The second person who patented propeller in UK was from Sweden. But the concept of a propeller had existed long before that. Tetraethyl lead: Not Swedish, also not a good product. GPS receivers: Certainly not Swedish. Ultra-wideband technology: That is a product category, not a specific product. Ballpoint pen: not Swedish. Nordlead Keyboard: that is a product. Bluetooth headsets: That is a product category not a specific techology, and its a subset of the Bluetooth standard. Skype, Spotify', H&M fashion, IKEA, Absolut Vodka, The Pirate Bay, JAS Gripen, SAAB, Bofors, ABBA: All ar products or companies, not specifical inventions.
Well, we get a lot of bureaucrats for our highest taxes, but not so many nurses or policemen, despite the fact, we have the highest rate of gang violence in Europe. We have a very divided society, very peaceful in some areas and then suburbs controlled by gangs. Who sponsored this video?
Wow! Very sad to hear the gang violence is so high! The UK also doesn't have enough nurses or police. We don't pay them well enough, which means they leave. Which means there's more work for those who remain to do, which is more stressful, which means more leave. At least we import some workers.
I dont know how accurate this is, the economy here is dying, prices are going up and wages arent moving. We are getting poorer and poorer everyday as the Swedish kroner goes down in value
As a finnish person I must compare. That is what we do. In Finland medium salary and gdp per person is about same as in Sweden. And we we're basically starving in the 50'. So if Sweden is some miracle then Finland is just an impossible fantasy.
In Finland we have about the same wages as swedish. And the rents in Helsinki are nowhere close to what they are in Stockholm. There is an exception. Swedish nurses make twice what nurses in Finland. In Finland they make 2500-3500€/month while in Sweden they make 4000-6000€/month. Finland has decided to let the public health care system collapse. And it has collapsed. That is very sad. We did most things right but messed up one important thing. You can still be happy in Finland as long as you are healthy. If you get sick and don't have workplace health care and can't pay for private then your life will get very hard and you will die painfully.
@@BeyondBusinesses They have plans to cut money from healtcare while they give tax cuts to rich. And people can't get help from public health care even now. Everyone with money now goes to private and those who don't have the money are suffering and dying. Same thing as in NHS in Britain. No country is perfect. Here life is good for educated (exception nurses) people who have jobs. We make good money and pay low rents. And we have workplace healthcare. But if your retired or unemployed and get sick then your in trouble.
Yeah, we have a system for debt settlement, in which you pay a sum each month over set amount of time, usually 5-10 years to become debt free, IIRC. im not 100% sure how the system works as ive never had the need for it and hopefully never will.
If you buy property using loans, the cost is the interest paid, and in not that many cases paying off installments of the loan itself. Banks give loans with *only* interest payments. The loan taker can deduct about 30% of that interest from his taxes. That is why I know so many who have had loans all their life and not been in the least worried about not making the payments. Once the property is sold the loan is payed back and new loans are taken on the new property - usually at a net profit. It never ends ... that is until the day interest rates skyrocket... I remember the 1990s.
There was a stable economic growth 1880-1960, with annual growth rates of 1,5 - 4,5% . After that it slowed downed as the public sector grew and tax levels increased. In the 1980's gorwth was down to 1%. This led to a financial crisis 1992-1994, during which time well needed reforms and budget cuts were implemented. After that growth bounced back.
Sweden rich is a fairytale. Their currency is constantly, they got worse GDP than most countries in europe, healthcare has been cut down to dangerously low levels. Tried to get emergency dentistry a while ago, not possible anywhere in one of the largest cities. Oh, except a few hours in the weekend, but it was a monday I needed it. Plus many their pensionists are left out cold with a monthly pension far lower than EU subsistence level. Road maintanance are increasingly neglected. In a nutshell, Sweden is being disassembled.
We used to be richer but the last years of our currency falling in value means we have lost a lot. A USD is about 80% more expensive than in 2015. So while my salary has increased since 2015 in USD I actually earn less now than I did then. This makes anything imported much more expensive and since in the modern age for a small country almost everything has to be imported it means we are more hit by cost of living going up than most Eurozone countries. Household debt is also very high thanks to housing prices having more than doubled in the last decade. If only we can get the Krona to be more valuable again things would be much better. Sweden doesn’t have a minimum wage by law. Maybe you mean minimums set by the unions if so the minimum is about 2000 dollars but it would be more like 3000 dollars if the value of the dollar was what it was a few years ago.
The eurozone is doomed to stagnation and collapse. Sweden has done a lot of dumb decisions but it still has it's own currency and is in a much better position than neighboring Finland which has no recourse but cut cut cut and depress it's economy. There is no light at the end of the euro tunnel. Sweden's currency troubles are temporary and can at least be handled. Finland has no such ability anymore. No eurozone country does, even germany which gamed the whole thing for its benefit over others, is failing to make it work. Keep the Krona at all costs
That´s why we need to solve the immigration problem before it is too late. The large majority of the immigrants are good people that want normal lives and we must take good care of them and support them in integrating into our culture or we may have a severe future problem.
@@staffanlundberg You talk as if we don't have severe problems already? When will problems ever be severe? Yeah it will only get worse, that's for sure. However you think being good is enough to solve the problem? Since when did being good get you a job? No you need qualifications. Qualification almost all immigrants lack. You know we have 600 000 illiterate (analfabeter) people in Sweden right now as of the latest numbers. What are they suppose to work with huh? Who will pay for their education? How can they even begin to adapt? The truth it it's already gone too far. It's just that there is a time lag before it starts showing fully.
The fact its expensive to live her usually translates into its a rich country ya know. We earn a lot of money. Compare what a clerk in a store in the USA earn compared to here in Sweden and its a massive difference.
Not to forget: Swedish househoulds are also among the top in debts in the world. In EU, only the Danish people are more in debt. Rich is perhaps not the most accurate word to describe the situation.
You're right. But you need to look at what type of debt we have (I'm Danish, but this goes for Sweden as well). Much of our debt is in real estate. When we sell our homes, we make a profit. If you look at Americans, many take up loans to pay off hospital bills. That's money that will only multiply in the pockets of hospitals and health insurance companies. Plus, both Denmark and Sweden have safety nets that catch people who get laid off so they don't have to go bankrupt.
That debt has made people speculating in real estate very wealthy, due to negative or near zero interest rate for most of a decade. Now when interest rates are normal, the people who took on debt are screwed, and the ultra wealthy who gained the most flee the country as billionaires. @@jacobdueholm9855
@@jacobdueholm9855 Good points. Being in debt is generally less risky, except for when a whole generation of millenials are fooled into getting 80% loan-to-value ratio with low interest rates (1,5-2%) right before a big market meltdown... Oh wait, that's happening now!
@@jacobdueholm9855 "When we sell our homes, we make a profit". That's obviously not maintainable, that's a gigantic pyramid scheme. Buying a home is reaching the point where it's not possible to buy into the market for new entrants. Either you will have inflation so the price doesn't run away from the range of normal salaries (which takes a few years), which means your wealth turns into shit. Or the market melts down and your "wealth" turns into regular old debt. We're seeing both right now.
it all seams like sunshine, but it´s not. We have a high rise in immigration and they don´t want to work in the same extent as native swedes. Resulting in ar downward spiral of all the good thing the previus generations built and prepared.
Only 75% of Swedes are in paid jobs? But only 1% is unemployed? 75% paid employment is not good! Is it? Edit: Okay! The average across the OECD for population in paid employment is 68.4%. Wow! Low!
@vince6252 However you must look at what those numbers used to be. They used to be closer to 84% points. Swedish welfare system is based around a 82% to be sustainable. So being below 82% is not good by Swedish metrics. If you actually want to get a good overview look up Tino Sanandaji. He actually explains the numbers and why they are bad good in relation to Sweden. Unfortunately it's mostly in Swedish.
I'm Swedish but I have to ask, is this content paid or sponsored by some Swedish agency? It's positive bordering on hyperbole. Sweden has a lot of great things going for it without a doubt, but it also has problems. A looming debt bubble tied to the housing market and a violent crime epidemic to name but two, but here nothing negative is mentioned at all. Sweden went from a poor country to a rich country, but not everything along that path was sunshine and rainbows.
I feel the exact same way. It feels like a promotional video for Sweden overlooking any kind of flaws and presenting everything in gleaming ways. This video seems like borderline state propaganda.
There are several reasons why it may be challenging for individuals to become extremely wealthy in Sweden. Firstly, Sweden has a high tax rate, which can significantly impact the accumulation of wealth. Additionally, the country has a strong welfare system that aims to reduce income inequality, making it more difficult for individuals to amass substantial wealth.
There's an uncountable number of errors in this video. The Swedish unemployment rate isn't 1%. It's 7.5-8%. It used to be over 9% so that's a slight improvement but it's far from 1%. IKEA has left Sweden because of the bad business climate and high taxes. IKEA's contribution to the Swedish economy is negligible. Etc, Etc, Etc...
I'm Swedish and this video thumbnail is totally factually incorrect and it should be the opposite. 1950 was the peak of Swedish wealth, the peak of riches. Now in 2023 Swedish people are very poor.
Sweden had not an economy based on agriculture. The main export in the Middle Ages was tack iron. Politics in the Middle Ages was very much about the conflict between agriculturalists and industrialists (Men of the Mountains) and their different approaches to foreign relations. Over time Sweden started to develop steel and manufactured goods for exports. The richest men were not wealthy landowners but the owners of ironworks. In 1731 the Swedish Ostindian Company was founded. It was spectacular successful. It traded Swedish manufactured steel and iron goods for silver in Spain, silver for spices and tea in China, Spices and tea was brought back to Sweden and then smuggled to other countries in Europe and outcompeted other countries domestic Ostindian companies.
As a working class recident in Stockholm, Sweden I must say I do really enjoy a good standard of living when it comes to food, shelter and clean drinking water. I also earn a pretty decent salary giving me some financial freedom. But I think the major flaw that's absent from most conversations when we get praise from other countries in Europe or the U.S is that money is far from everything and the huge flaws of our culture are concealed by our very honest attempt to make all our citizens live a good life. I think the west share some of these problems but some of the toxic elements of liberal ideology, i.e: • Freedom - the individuals choices for themselves are seen almost as one of the un questionable commandments of Christianity. A lot of people feel lost and without an understanding what to do to feel happy leading to them spending time on entertainment that only shut off their brain from figuring out what in the real world they should do to feel fulfilled. • Loneliness - we have surpassed Japan in lonely households. • High rate of depression and high suicide rates. It's hard to say what we should or even could do about these issues but considering 50% of the people of Stockholm are single and 20% from the ages of I think 10 - 30 consider themselves without having any friends I think this is moving in a bad direction. Not only because people don't feel good but that not feeling good emotionally does spill out to society at large in various ways. People vote with their feelings, not rational ideas, we're driven by power intrests and if we feel powerless in a society we might one day vote for a person that promises us the world just as a certain Austrian painter did.
So because some people can't find their way to happiness you should reduce the freedom for everyone?? I'm triggered. You propose something leaning towards totalitarian ideologies. Freedom is a RIGHT. No one else has the right to decide your lifestyle or priorities. It's your right to spend your time on stupid entertainment if that's what you want. Furthermore, what a good and fulfilling life is is very individual, who is going to know that better than the person himself? Don't cut the freedom, provide help to those who want guidance instead.
@@danielandersson7515 I used to believe in world too so I don't blame you, I would also get triggered from what i'm saying until I started reading, not watching YT but actually reading. I think very few people are on a path to "happiness". You're free to be a consumer and to devout your life to consuming different products and take different professions for consuming. Consuming is not the same as actual needs, it's desires, those can be nice to fulfill but that feeling dies out extremly quick. This is our life, you wake up, eat, go to work, come home, keep yourself distracted until you fall asleep - repeat. That's really it.. There's no creativity left, only distractions and mediocracy is seen as having "a high self confidence and self esteem" and you ought to enjoy this life, it's a sin to feel down over the emptiness of this new religion of consuming. Seeking happiness is meaningless, you never reach it and you're always a bit or very unhappy. I am not sure what life should be, but I feel like growing is meaning, learning is meaning, becoming something new and better is meaning, creativity is meaning, human beings are meaning but all this is coming into conflict with our way of life. They make money of you being a loser chasing the bag your entire life to buy the next iPhone and you're still a nobody. I am not a f-ing commie but I do believe we live in a sick world right now where people spend so much time distracted from feeling, creating and living that I slowly atleast is becoming an anti liberal. Most people live really boring lives and portray an image to others that everything is fine, I am happy. And most likely you will defend this world, almost as if it were a real religion, the utilitarian mindset is a cancer that's hard to think yourself out of.
Japp, jag är 100 % för Euro ^^ det skulle underlätta marknaden och handeln blir mer stabil när det gäller export och import ifrån europeiska länder@@NikoBellic04
You are wrong my friend. It has gone down from top 3 to top 23 (statistics from september this year) is a pretty big leap down. It says a lot about how bad it has been going for us in a decade@@kronop8884
Selling steel to Nazi Germany was quite lucrative. Later on when most of Europe was bombed into pieces it was easy to innovate and produce since there was no competition.
Because they sold iron to Germany which was the only possible trading partner. They controlled Norway which has Narvik the port LKAB uses to transport iron in the winter. However to get that they had to travel through nazi territory. Secondly, the nazis had plans to invade Sweden but Sweden had prepared to blow up their iron mines in case of invasion. So the nazis would invade Sweden if Sweden didn't sell iron. Thirdly Sweden's economy grew more after ww2 since the world that had been effected needed to buy resources which Sweden had because they hadn't been effected by the war.
I live in Sweden, and i can say Sweden is only Rich on the paper. But it is not a country with a Wellfare worth its name. If you did your work proper, you would know this.
Det kan nog vara för du inte tar användning av välfärden Fokuset för välfärden är att alla ska möta ett minimum i livskvalitet, det är ett nät som ska skydda befolkningen från att lida. Jag personligen tycket att våran välfärd är oerhört generöst
Håller inte med. Visst finns stora problem med välfärden, men den funkar egentligen väldigt bra. Tror om man jämför med andra länder, även DK, så är Sverige i framkant. Är själv dansk-svensk (uppvuxen i Köpenhamn) och bor i Stockholm, så har sett skillanden mellan länderna. Sverige är riktigt bra
who told Sweden is rich ? i live here and i cant see any richnes among the greater deal of the people ,i think the people in my country are the most poor of all in europe and so called western countries.
So if this picture of Sweden is right, why would they move to Norway? Swedes com to Norway (and their are MANY) for better jobs and salaries, and some choose to go to Denmark too. Norway and Denmark have way better salaries than Sweden.
After living 5 years in Sweden as an italian immigrant, I must say that this is the example of how a country should work. Of course there are problems, no place is heaven, but Sweden is the farthest from hell you can get, hell being Italy.
The fact country is rich doesn't mean that every person in the country is as well. Comparing metrics with other countries around the world Sweden and its nordic neighbours are all at the top tier regardless what area you are looking at
I am Swedish, livning in Stockholm and Sweden and its citizens are rich relative to others. Even in Sweden, most people are rich in terms of being able to afford a very good lifestyle
Sweeden is not particulary very rich in Europe. Netherlands,Switzerland,Austria,Belgium,Denmark,Norway are kinda above Sweeden in wealth, gdp per capital etc. Anyway the answer is obvious, stability and peace ! Observe how the countries in Eastern Europe are poorer than Western European ones because of a few reasons, mainly being interference from foreign,muslim invaders from Asia,Comunist from Russia. If Countries like Sweeden had to defend all their history against invaders from Asia or experience imposed comunism that crippled their economy they would not have been at all Wealthy. So the answer is political stability and overall peace for a country
Besides, Sweden wasn't exactly poor in 1950. By the standards of that time, when most countries were struggling to recover from the war (Sweden was neutral), it was rarher prosperous. So, no "miracle" at all.
That is incorrect. First off, Sweden has the highest GDP out of all the nordic countires. Around 700 billion dollars. And second of all, it has the 10th highest GDP per capita in Europe at 63 800 while Norway has 78 000 so your numbers are completely wrong. And Sweden comes before Belgium, Germany, France, Finland etc.
You’re also wrong about Eastern Europe. Relative poverty there was in contemporary times almost entirely caused by communism and it’s enduring aftermath. Look at Central Europe before WWII.
Thank for this video. One note to clear USA situation: USA may have one of the highest average household income in the world, but also they goverment is deeply in dept - more then 100 % of they GDP per year.
@@fredrik3685 It can be very beneficial to do that though. If i loan 5 million usd, spend those 5 million investing in a buisness, real estate, etc. Then if i get back more than 5 million then i have made a surplus
I've heard one of the reasons is extensive programs of publically funded classes for children to learn how to play instruments. It was very common going to music classes after school. Sports or playing an instrument was the standard after school activity. Funding has been cut in recent years though, but still available for low fees if you (or your parants) are interested.
No, Sweden does not. The taxpayers money have been squandred away on non productive migration. The GDP is the worst in EU, och our co centralbank have been printing SEK like crazy the last 10 years. M2 has been increased by 150% during this time to pay for 2 unemployed migrants from North Africa, sparking high inflation. The problems are mounting, and you will soon be aware that Sweden is a failed state. Trust me, i am swede, and se this unfold from within.
I like that on the thumbnail it stood that in 1950 Sweden ( where i live btw ) was poor and now it's rich. But Sweden was the richest country in 1950. ( It was so because almost every singe country was in ww2 but Sweden was still very rich in 1950
Non of the big companies companies are Swedish owned anymore. IKEA is Dutch Volvo cars Chinese. Scania is owned by Volkswagen in Germany and the list goes on. We have a steep decline in education. 2045 Swedish people will be a minority in its own country
5.9% of the population are milionares. which is 10th on a global scale of most milionares per capita. The foundation to become wealthy exist, and with the ''free'' education for every single citizen, everyone has the opportunity to become a sought after asset that gets payed well.
Sweden is not even nearly as rich as it was in 1950s compared to other countries. What is true though, Sweden has many billionares per capita and a strong elite. Many jews came from the Sovjet Union, Denmark and Czechslovakia around the world war periods.. which helped the country a lot. But foremost it was the neutrality and the long period of peace which made Sweden prosperous.
Almost 30% of swedish population is borned abroad, mainly från north africa. We have war on the streets and 2022 was the first year that the number of bombings reached the number of days of the year. 365. Compare this with Denmarks 2, Norway 1 and Finland 1. Sweden is falling.
Återigen håll käften. Av hela den svenska befolkningen så är det ca 6-10% som är icke svensk i rötterna. Sluta snacka skit din nolla. Och Sverige är fortfarande ett av världens säkraste länder och ett av de säkraste i Europa. Det ör bara vissa bostadsområden som är sämre.
The bombings were at 195 in 2022 stop spreading misinformation. There weren't even as many shootings as the days in a year. And then you'll also have to consider that we have a country of 10 million. The city Chicago in the US had twice as many shootings as Sweden with a four times smaller population. Are you saying Chicago is falling apart?
Stupid thumbnail, sweden was relatively much richer in 1950s and 60s , top 10 to 4 riches countries the world at that time. Now we are like top 15, even experiencing negative growth in 2019 and 2022.
That's more like a commercial boasting how great Sweden is. I would have liked to see more comparisons with other countries. What circumstances and political decisions made Sweden stand out? Why didn't other countries do the same?
This video is also biased because it doesn't mention that the Swedish are the most indebted people in the world, the school system has been producing lower and lower results every year for DECADES. It doesn't mention the vast governmental and private sector corruption. The neutral policy has allowed Sweden to sell weapons to both sides of all wars since the Wiencongress and is the biggest reason for Sweden's wealth which is not distributed throughout society but kept by a group at the top, Investor and Wallenberg. The second biggest reason for Sweden's wealth is stemming back to the colonial days when Wallenberg sold opium in Asia but it is an open secret that they burned the books accounting for the transactions. Sweden also has the oldest central bank still in use, even older than the British. This video sounds more like a propaganda video, with great music in the background too. I'm not attacking you personally, of course, just giving some feedback on the video and my thoughts as a Swede really tired of the corruption in the country. Best Regards.
Was Sweden really poor 1950?? I don't think so. But, around 1900 the main portion of the population was poor, that's right. The big leap for Sweden occured during the whole 20th century.
Well becuase of how we have alot of tech companies and industries in the 1960s we were the richest country in the world at the time and were have alot of natural resources and wood we make furnitures we sell all around the world.
By your amount of subscribers & viewers i think you’re beyond those level of content creator. I think this account is just your second or fifth startup account. Your work is like from big tech group. This kind of outcome impossibly came from a single man & who was just start his journey to become youtuber. Thanks. Good video. I’ll help you by become one of your subscribers
No, we don't have a lot of competition, at least not broadly, and not anymore. It may have been the case back in the day, before Reagan and Thatcher put their shit stains all over global economies, but as we're moving closer and closer to terminal capitalism/corporatism (as capitalists tend to want to do), and Sweden is slipping in this transition. More and more markets have turned into oligopolies in the last 20 years, with ridiculous profits as a result, and the people have footed the bill. Income levels are stagnant compared to business profits, homelessness and poverty is on the rise, and the cracks in society have never been wider, as can be seen in the emergence of violent organised crime syndicates in the last few years, the likes of which we haven't had to endure since the big crash in the 90's. Our school and healthcare systems, to pile on to the already precarious pile, are just barely scraping by at present, constantly hounded by demands to save money, to "trim the fat", while officials give shares of this market to private actors who just use it as a get-rich-quick-scheme while trying to cheat the system in every way possible, be it by cutting costly and difficult treatments in the healthcare sector, or by not accepting students who haven't already excelled in their studies in the school system, and so on. To top it off, our spending on infrastructure is lagging hard, and the current infrastructure is aging badly. Last I heard, the maintenance on the rail system is behind some 70 billion Euro, and the road network is in an equally bad shape. The broad wealth that still exists is in large part inherited, economic inertia in other words. It's very rare for someone to start from nothing and end up with a prosperous life, and this is true both for the countryside and the urban areas. In another 50 years, if the trend doesn't change, we'll be just as bad as the US.
Sweden is rich because of virtually no corruption and almost nobody screws you over. Trust is high between people. The welfare system is actually very tough and limited. If you are unemployed you only get help for a few months. Then they force you to work. No freebies here. Because its so cold and dark, frankly there is not much else you can do other than work and a few in-house hobbies, unless you like winter-sports or you are a lumberjack. For immigrants life is actually hard here. So I don’t really understand why it is so attractive for outsiders.
Corruption is everywhere in Sweden, they are just extremely good at covering their tracks. Municipalities in Sweden do not prioritize the population and spend the money on idiotic projects that help noone, and we can do nothing except watch while they take our tax money and we get nothing in return. Sweden is not a paradise economically nor socially. My nation has been torn asunder by corruption and incompetent beuraucracy that has no regard for the common swede.
we were never poor in 1950s, that was a great time for us because of WW2. we are also not insanely rich today. even if we were the money has been going to other countries for over a decade now because of our old government and EU. Get your facts right and stop clickbaiting with our country.
@@BeyondBusinesses I mean that’s true everywhere, but in Europe in 1950….the only countries with higher per capita income were Switzerland, UK, and Denmark, and within 5% of the latter two.
Are you stupid? Sweden is still of the top countires in the entire world when it comes to standards of living. Even number 1 depending on the list. You’re very funny🤦🏼
Sweden is decline, violent crime is on the rise, healthcare is on decline, lots of service provided by government and municipalities are going down in quality.
"violent crime is on the rise, healthcare is on decline, lots of service provided by government and municipalities are going down in quality. - I agree. "Sweden is decline" There is no proof that is true.
The overall view of a country is ususally behind 20 years if reality. Thats why people think Sweden is super rich even though the people have quite low salaries after tax and today its often a crominal shithole in many cities. And people think that countries like Poland is poor even though Polish people (Especially in IT) often earn more than Swedes. But as ususal it will take 10 years before people notice this.
How Sweden became rich? Stay out of the world wars and trade with both factions (but trade the most with the ones that are currently winning), then you help rebuild your neighbours after the war and profit.
Even tho i liked the video and even live in Sweden, i would love to be able to see your sources of where you got all the facts from for this video. Otherwise I'm quite skeptical.
The state might be considered rich for taking a disproportional amount of money from the people. For that same reason, many people in Sweden and in the rest of Europe can't make ends meet anymore. Tax is basically a legalized transfer of money from the poor to the rich.
Far more people in poorer countries with lower taxes can't make ends meet. The reason why it's happening in some places in Europe is because of growing inequality and wage stagnation.
@@portpass1974 And whyyyy do you think the wage is stagnating? Can it be that people go here from poor places willing to work at lower salaries and worse working conditions and don't join unions? Just like wages were suppressed in ancient Rome? Exactly what the Gracci brothers said? hint hint* No it's obvious due to immigration and if you look at history you'll see that the upperclass whenever they can do this to suppress wages and not only wages the democratic value of it's citizenry. I really implore you to look up the Gracci movement and you can see the parallels. It's not the exact same but it's scary how similar it is. Immigration have and will always be economic warfare against the working class.
@@1212Diablo Large scale immigration into western countries began long before the advent of wage stagnation and increasing inequality since the late 1970s (literally by decades). Both have been caused by tax cuts on the rich and corporations, privatization and deregulation, monetarism, cutbacks to social programs and the social wage, and attacks on workers rights and unions. Right-wing simps will always find scapegoats like immigrants to blame for their own policy failures. Try again.
In sweden you always make ends meet.... Its part of our tax system, We actually help out those that struggle with making money. Aside from that we do pay proper wages here like on a full time job (im not educated) I earn currently 22k SKR a month after tax and if I get hurt I dont have to pay to go to the hospital, if I lose my job ill stil get money and the goverment will pay my rent till I can find a new one. I dont need to pay for my childrens education (dont have any) high tax is not bad it gives a lot of positive things. On average a US citizen pay around the same amount as a swedish one in taxes yet they get far far less.
This video is too general in how it describe the success of the country. Very much can be said about ideas and decitions which has impacted positively.
@@BeyondBusinesses What you wrote now has nothing to do with my comment at all. Are you just making videos as fast as possible to earn money? Essentially all info in the video is completely obvious stuff to anyone who knows basics about the country.
@@BeyondBusinesses well have you heard of SAAB, Hägglunds and Bofors. Sweden has a big weapon industry. Not like the US ofc but Sweden creates most of its own weapon systems like JAS Gripen, Cv90 and Karl Gustaf recoiless rifle. Sweden exports many of this systems to many countries around the world. You can say the KG recoiless rifle is the RPG of NATO. Sweden has also made many cooperative weapon systems with other countries like the UK with the NLAW that made a lot of news in Ukraine when the war started. Just wanted to point it out no biggie.
@@teomartini1105 it's a complex subject, obviously, and hard to hard to pin down in a short sentence. There are many, many things contributing to Sweden's economy. But two things that stand out are social trust and lack of corruption. Did that sound better?
sweden was actually richer than most countires after second world war due to managing to stay neutral throughout the war but also selling insane ammounts of iron to both sides.
neutral or allied with a certain power
Collaborating with nazi Germany is not a proud part of our history, neutrality always comes at a moral and ethical cost.
There are multiple reasons to everything.
The amount of companies that have come out of Sweden is astonishing considering their population of 10M people.
We are 8 million Swedes - then there are the 2 million MENA parasites...
Yeah and and if they don't flee our country, they get sold out by our lobbyist corrupt politicians
Well, we dont own many of them anymore, Sweden is sinking fast
Yeah but when was the latest big corp that came out of Sweden? That actually have big economic gain that is? People making this video's will look mighty dumb in 10-20 years when Sweden have decayed enough for it to show outside our borders.
The things is Swedish IQ have been declining, new startups have declined, more are closing down as well, PISA results are down, education is a joke now, where we have to take in foreign expersts to our mining industry because we can't educate our own population in relevant subjects.
The only reason our BNP have been growing these past 10-20 years are due to mass immigration but that will catch on to us just like it does in Germany right now. It's not real economic growth as our population vastly outgrows it. We are the country on earth that have the highest degree of personal debt, especially when compared to the size of the Swedish economy.
Crime is massively on the rise, people don't feel safe going outside and we are targeted by Muslims. Unemployment are higher than it have been in years and are increasing. The way we measure employment have also changed so that the numbers are vastly skewed. All the while unskilled mass immigration is still happening. Massive abuse of our welfare systems occur to this day and we don't even know the exact numbers of people that live here or what they do.
It's all a balloon ready to pop.
Mojang? Spotify? Skype? We’re not a manufacturing powerhouse, but please you gotta be willfully ignorant if you can’t think of any recent companies that blew up, lol.
The fact the Sweden didn't have most of its infrastructure destroyed in the war put it in a prime position for economic advancement after the war
The whole manufacturing and product apparatus was intact and in the 50's Sweden startled large social programs and modern infrastuctural projects.
Sweden also was triding with nazis in war time , they bought steel from Sweden , and after was Sweden had infrastructure , cash to spend from money they earned in ww2 , and even Sweden was neutral state , Sweden recived money from Marshal plan , also Sweden was vital for US & west Europe when it comes to spying on soviets , and fact that most economic competition (Poland) was outside capitalist system was huge factor for Sweden success ... Sweden was "right place , right time" .
@@adammarcinkowski-ko3el if sweden were neutral why did the nazis complain about sweden aligning with the allies?
Like the USA
This is often put forward but I don’t think it really explains much. Its Nordic neighbors didn’t have their infrastructures destroyed either yet Sweden faired significantly better than them until around 1990. And the most impressive economic success stories since WW2 were countries that *were* bombed to shit AND were very poor in natural resources, like Germany and Japan and South Korea. So it’s possible Sweden would actually have benefited in the long term from having its factories destroyed in the 1940s also.
As England and later the UK/Britain was expanding its colonial empire it was Sweden who supplied the most important raw materials for its ship industry (often seen as an industrial precursor), mainly iron and oak. This went on for centuries. So not only did Sweden, unlike Norway and Denmark (Finland was ruled by Sweden and later Russia during this time) have the natural resources, it also had a front row seat to observe the proto-industrial and industrial tech revolutions happening in Britain.
Sweden was always primed to become an industrial nation, which it did and most of the companies that dominate the Swedish stock exchange to this day were founded before WW2. Yes, these companies didn’t get destroyed in the war but it’s not like Denmark and Norway and Finland were ever on an equal footing with Sweden industrially before the war and had their stuff destroyed and then Sweden filled the void and left them in the dust, no they never had as much industry as Sweden and still don’t to this day. Norway in particular was very economically backward compared to Sweden until it found oil in the 1970s, it would not have shared Sweden’s trajectory had it also managed to avoid occupation.
Swedish inventions at a glance: Dynamite, Bluetooth technology, Zippers, Computer mouse, Gimballed stove, Adjustable wrench, Propeller, Astrid Lindgren's Pippi Longstocking books, AGA cooker, Tetraethyl lead (leaded gasoline), GPS receivers, Ultra-wideband technology, Ballpoint pen, Nordlead Keyboard, Bluetooth headsets, Skype, Spotify', Oat milk, H&M fashion, IKEA, Absolut Vodka, The Pirate Bay, JAS Gripen, SAAB, Bofors, ABBA. These are just on top of my head..
SAAB🙌❤
Volvo!
AVICII, Minecraft, Ericsson
Electrolux!!
Dynamite: Not a invetion, a developed product.
Bluetooth technology: It was a cooperation between Sweden, Denmark. Norway and Finland.. Also a developed product.
Zippers: Not Swedish:
Computer mouse: Not Swedish.
Gimballed stove: a developed product, not a inversion.
Adjustable wrench: Developed product, not an inversion.
Propeller: Not Swedish, not an invention. The second person who patented propeller in UK was from Sweden. But the concept of a propeller had existed long before that.
Tetraethyl lead: Not Swedish, also not a good product.
GPS receivers: Certainly not Swedish.
Ultra-wideband technology: That is a product category, not a specific product.
Ballpoint pen: not Swedish.
Nordlead Keyboard: that is a product.
Bluetooth headsets: That is a product category not a specific techology, and its a subset of the Bluetooth standard.
Skype, Spotify', H&M fashion, IKEA, Absolut Vodka, The Pirate Bay, JAS Gripen, SAAB, Bofors, ABBA: All ar products or companies, not specifical inventions.
This was valid around 20-30 years ago.
Time's changed fast!
100%
Clearly this dude is not updated with his facts. Sweden is not considered to be a rich country today. It was once apon a time@@BeyondBusinesses
Well, we get a lot of bureaucrats for our highest taxes, but not so many nurses or policemen,
despite the fact, we have the highest rate of gang violence in Europe.
We have a very divided society, very peaceful in some areas and then suburbs controlled by gangs.
Who sponsored this video?
Wow!
Very sad to hear the gang violence is so high!
The UK also doesn't have enough nurses or police. We don't pay them well enough, which means they leave.
Which means there's more work for those who remain to do, which is more stressful, which means more leave.
At least we import some workers.
Tyvärr ja som utlänning det känns ju så
I dont know how accurate this is, the economy here is dying, prices are going up and wages arent moving. We are getting poorer and poorer everyday as the Swedish kroner goes down in value
This is very common in every country at this moment, but Sweden is really good in innovating and solving problems
Eh even with inflation I seem to be doing fine right now in sweden.
As a finnish person I must compare. That is what we do.
In Finland medium salary and gdp per person is about same as in Sweden. And we we're basically starving in the 50'.
So if Sweden is some miracle then Finland is just an impossible fantasy.
Good point!
In Finland we have about the same wages as swedish. And the rents in Helsinki are nowhere close to what they are in Stockholm.
There is an exception. Swedish nurses make twice what nurses in Finland. In Finland they make 2500-3500€/month while in Sweden they make 4000-6000€/month.
Finland has decided to let the public health care system collapse. And it has collapsed. That is very sad. We did most things right but messed up one important thing. You can still be happy in Finland as long as you are healthy. If you get sick and don't have workplace health care and can't pay for private then your life will get very hard and you will die painfully.
That sounds like a really bad decision! Aren't they working on that to improve it?
@@BeyondBusinesses They have plans to cut money from healtcare while they give tax cuts to rich. And people can't get help from public health care even now.
Everyone with money now goes to private and those who don't have the money are suffering and dying. Same thing as in NHS in Britain.
No country is perfect. Here life is good for educated (exception nurses) people who have jobs. We make good money and pay low rents. And we have workplace healthcare. But if your retired or unemployed and get sick then your in trouble.
Thanks for your clear explanation
Swedes have the highest personal debt in Europe, so I wonder how does that fit in this story? Can they pay of this debt easier than other Europeans?
Yeah, we have a system for debt settlement, in which you pay a sum each month over set amount of time, usually 5-10 years to become debt free, IIRC. im not 100% sure how the system works as ive never had the need for it and hopefully never will.
Today Sweden is ruined, socialism does that.
apartments and houses are over priced as fuk
If you buy property using loans, the cost is the interest paid, and in not that many cases paying off installments of the loan itself. Banks give loans with *only* interest payments. The loan taker can deduct about 30% of that interest from his taxes. That is why I know so many who have had loans all their life and not been in the least worried about not making the payments. Once the property is sold the loan is payed back and new loans are taken on the new property - usually at a net profit. It never ends ... that is until the day interest rates skyrocket... I remember the 1990s.
There was a stable economic growth 1880-1960, with annual growth rates of 1,5 - 4,5% . After that it slowed downed as the public sector grew and tax levels increased. In the 1980's gorwth was down to 1%. This led to a financial crisis 1992-1994, during which time well needed reforms and budget cuts were implemented. After that growth bounced back.
Sweden rich is a fairytale. Their currency is constantly, they got worse GDP than most countries in europe, healthcare has been cut down to dangerously low levels. Tried to get emergency dentistry a while ago, not possible anywhere in one of the largest cities. Oh, except a few hours in the weekend, but it was a monday I needed it. Plus many their pensionists are left out cold with a monthly pension far lower than EU subsistence level. Road maintanance are increasingly neglected. In a nutshell, Sweden is being disassembled.
We used to be richer but the last years of our currency falling in value means we have lost a lot. A USD is about 80% more expensive than in 2015. So while my salary has increased since 2015 in USD I actually earn less now than I did then. This makes anything imported much more expensive and since in the modern age for a small country almost everything has to be imported it means we are more hit by cost of living going up than most Eurozone countries. Household debt is also very high thanks to housing prices having more than doubled in the last decade. If only we can get the Krona to be more valuable again things would be much better. Sweden doesn’t have a minimum wage by law. Maybe you mean minimums set by the unions if so the minimum is about 2000 dollars but it would be more like 3000 dollars if the value of the dollar was what it was a few years ago.
The eurozone is doomed to stagnation and collapse. Sweden has done a lot of dumb decisions but it still has it's own currency and is in a much better position than neighboring Finland which has no recourse but cut cut cut and depress it's economy. There is no light at the end of the euro tunnel. Sweden's currency troubles are temporary and can at least be handled.
Finland has no such ability anymore. No eurozone country does, even germany which gamed the whole thing for its benefit over others, is failing to make it work.
Keep the Krona at all costs
We fucked ourself when letting in 500000 people in a period of 2 years. We spent almost 2.5% ofg our enitire BNP on immigrants.
It is a fine balance and the number of immigrants dependent on the system and not intergrating into the larger culture may destroy this balance.
It's about time they shut down immigration and assimilate those who are already in... is what I hope. Demographic collapse is a real issue i guess.
That´s why we need to solve the immigration problem before it is too late. The large majority of the immigrants are good people that want normal lives and we must take good care of them and support them in integrating into our culture or we may have a severe future problem.
@@staffanlundbergShalom.
@@staffanlundberg lol no, we should deport them and promote a growth within the swedish population
@@staffanlundberg You talk as if we don't have severe problems already? When will problems ever be severe? Yeah it will only get worse, that's for sure. However you think being good is enough to solve the problem? Since when did being good get you a job? No you need qualifications. Qualification almost all immigrants lack. You know we have 600 000 illiterate (analfabeter) people in Sweden right now as of the latest numbers. What are they suppose to work with huh? Who will pay for their education? How can they even begin to adapt? The truth it it's already gone too far. It's just that there is a time lag before it starts showing fully.
The Tale of Sweden "From Poor to Rich back to Poor Again"
Living in Sweden and its not Rich. Very expensive to live here !
The fact its expensive to live her usually translates into its a rich country ya know. We earn a lot of money. Compare what a clerk in a store in the USA earn compared to here in Sweden and its a massive difference.
A rich country does not mean that everyone living there is rich
Welcome to the they think we are rich club, but we aren't (Norwegian)
We are so rich that if we were a state in the USA we would be one of the poorest.
That's another way of looking to it
But the distribution of wealth in the US is much worse than in Sweden. So most swedes are richer than most americans.
Semester u forgot that all swedish women work outside home.
What kind of job is mostly fulfilled by women then?
you should make a new video sweden was rich then we got immigrants
We've got something coming up🫡
Not to forget: Swedish househoulds are also among the top in debts in the world. In EU, only the Danish people are more in debt. Rich is perhaps not the most accurate word to describe the situation.
You're right on that !
You're right. But you need to look at what type of debt we have (I'm Danish, but this goes for Sweden as well). Much of our debt is in real estate. When we sell our homes, we make a profit.
If you look at Americans, many take up loans to pay off hospital bills. That's money that will only multiply in the pockets of hospitals and health insurance companies.
Plus, both Denmark and Sweden have safety nets that catch people who get laid off so they don't have to go bankrupt.
That debt has made people speculating in real estate very wealthy, due to negative or near zero interest rate for most of a decade. Now when interest rates are normal, the people who took on debt are screwed, and the ultra wealthy who gained the most flee the country as billionaires. @@jacobdueholm9855
@@jacobdueholm9855 Good points. Being in debt is generally less risky, except for when a whole generation of millenials are fooled into getting 80% loan-to-value ratio with low interest rates (1,5-2%) right before a big market meltdown...
Oh wait, that's happening now!
@@jacobdueholm9855 "When we sell our homes, we make a profit". That's obviously not maintainable, that's a gigantic pyramid scheme. Buying a home is reaching the point where it's not possible to buy into the market for new entrants. Either you will have inflation so the price doesn't run away from the range of normal salaries (which takes a few years), which means your wealth turns into shit. Or the market melts down and your "wealth" turns into regular old debt. We're seeing both right now.
it all seams like sunshine, but it´s not. We have a high rise in immigration and they don´t want to work in the same extent as native swedes. Resulting in ar downward spiral of all the good thing the previus generations built and prepared.
You're right mate
Not true. Our unemployment rate hasn't followed our immigration statistics.
Now we just need to ditch the SEK currency and embrace the euro.
Not sure if the Euro as currency is the best way out to be honest
Only 75% of Swedes are in paid jobs?
But only 1% is unemployed?
75% paid employment is not good!
Is it?
Edit:
Okay! The average across the OECD for population in paid employment is 68.4%. Wow! Low!
About 6% of adult Swedes are unemplyed right now according to the Swedish Public Employment Service.
@vince6252 However you must look at what those numbers used to be. They used to be closer to 84% points. Swedish welfare system is based around a 82% to be sustainable. So being below 82% is not good by Swedish metrics. If you actually want to get a good overview look up Tino Sanandaji. He actually explains the numbers and why they are bad good in relation to Sweden. Unfortunately it's mostly in Swedish.
@@Kuradeel That's true. There are a lot of unskilled (as in lacking education specific to certain job skills) unemployed people.
Sweden is not ”insanely rich” by European standards. Countries like Norway, Switzerland, and even Denmark are richer.
Looks like the tides are changing
As a whole? Sweden is richer. When it comes to per capital? That's a different story
@@afro_princess1671 Perhaps, Sweden is richer when it comes to certain resources
As a Swede i can say its a lot of hard work and a high work moral behind this as well.
Truly believe this Hans
I'm Swedish but I have to ask, is this content paid or sponsored by some Swedish agency? It's positive bordering on hyperbole.
Sweden has a lot of great things going for it without a doubt, but it also has problems. A looming debt bubble tied to the housing market and a violent crime epidemic to name but two, but here nothing negative is mentioned at all. Sweden went from a poor country to a rich country, but not everything along that path was sunshine and rainbows.
No sir, we ain't sponsored or anything. The tides are turning quickly that's for sure.
I feel the exact same way. It feels like a promotional video for Sweden overlooking any kind of flaws and presenting everything in gleaming ways. This video seems like borderline state propaganda.
There are several reasons why it may be challenging for individuals to become extremely wealthy in Sweden. Firstly, Sweden has a high tax rate, which can significantly impact the accumulation of wealth. Additionally, the country has a strong welfare system that aims to reduce income inequality, making it more difficult for individuals to amass substantial wealth.
It's very common in whole northern Europe 🌍
"Maus" touched on this when the father left post was Germany and found success in Sweden, more so than he did in America.
There's an uncountable number of errors in this video. The Swedish unemployment rate isn't 1%. It's 7.5-8%. It used to be over 9% so that's a slight improvement but it's far from 1%. IKEA has left Sweden because of the bad business climate and high taxes. IKEA's contribution to the Swedish economy is negligible. Etc, Etc, Etc...
Looks like it's becoming worse also... The macro environment isn't in their favor.
It is on the brink of becoming a faild state!
Ikea has not left sweden.
@@12EA45 IKEA is no longer a Swedish company. It's today a multinational company based in The Netherlands and in Lichtenstein,
@@CB-fn3me just because its in another country does not mean its not swedish
I'm Swedish and this video thumbnail is totally factually incorrect and it should be the opposite. 1950 was the peak of Swedish wealth, the peak of riches. Now in 2023 Swedish people are very poor.
Almost every country is in decline now and are facing debasement of currencies. Future looks a little less bright atm
Sweden had not an economy based on agriculture. The main export in the Middle Ages was tack iron. Politics in the Middle Ages was very much about the conflict between agriculturalists and industrialists (Men of the Mountains) and their different approaches to foreign relations.
Over time Sweden started to develop steel and manufactured goods for exports. The richest men were not wealthy landowners but the owners of ironworks.
In 1731 the Swedish Ostindian Company was founded. It was spectacular successful. It traded Swedish manufactured steel and iron goods for silver in Spain, silver for spices and tea in China, Spices and tea was brought back to Sweden and then smuggled to other countries in Europe and outcompeted other countries domestic Ostindian companies.
Good explanation
They were a major supplier or steel for Nazi Germany during the WW2, did not suffer any damage during the war nor got enslaved by Russia after it.
"neutral" well there you have it.
Know make a video how us Swedes managed to ruin it all in only thirty years.
We're gonna takes this in consideration Jonny
As a working class recident in Stockholm, Sweden I must say I do really enjoy a good standard of living when it comes to food, shelter and clean drinking water. I also earn a pretty decent salary giving me some financial freedom.
But I think the major flaw that's absent from most conversations when we get praise from other countries in Europe or the U.S is that money is far from everything and the huge flaws of our culture are concealed by our very honest attempt to make all our citizens live a good life. I think the west share some of these problems but some of the toxic elements of liberal ideology, i.e:
• Freedom - the individuals choices for themselves are seen almost as one of the un questionable commandments of Christianity. A lot of people feel lost and without an understanding what to do to feel happy leading to them spending time on entertainment that only shut off their brain from figuring out what in the real world they should do to feel fulfilled.
• Loneliness - we have surpassed Japan in lonely households.
• High rate of depression and high suicide rates.
It's hard to say what we should or even could do about these issues but considering 50% of the people of Stockholm are single and 20% from the ages of I think 10 - 30 consider themselves without having any friends I think this is moving in a bad direction. Not only because people don't feel good but that not feeling good emotionally does spill out to society at large in various ways. People vote with their feelings, not rational ideas, we're driven by power intrests and if we feel powerless in a society we might one day vote for a person that promises us the world just as a certain Austrian painter did.
So because some people can't find their way to happiness you should reduce the freedom for everyone?? I'm triggered. You propose something leaning towards totalitarian ideologies. Freedom is a RIGHT. No one else has the right to decide your lifestyle or priorities. It's your right to spend your time on stupid entertainment if that's what you want. Furthermore, what a good and fulfilling life is is very individual, who is going to know that better than the person himself? Don't cut the freedom, provide help to those who want guidance instead.
@@danielandersson7515 I used to believe in world too so I don't blame you, I would also get triggered from what i'm saying until I started reading, not watching YT but actually reading.
I think very few people are on a path to "happiness". You're free to be a consumer and to devout your life to consuming different products and take different professions for consuming. Consuming is not the same as actual needs, it's desires, those can be nice to fulfill but that feeling dies out extremly quick.
This is our life, you wake up, eat, go to work, come home, keep yourself distracted until you fall asleep - repeat. That's really it.. There's no creativity left, only distractions and mediocracy is seen as having "a high self confidence and self esteem" and you ought to enjoy this life, it's a sin to feel down over the emptiness of this new religion of consuming.
Seeking happiness is meaningless, you never reach it and you're always a bit or very unhappy. I am not sure what life should be, but I feel like growing is meaning, learning is meaning, becoming something new and better is meaning, creativity is meaning, human beings are meaning but all this is coming into conflict with our way of life. They make money of you being a loser chasing the bag your entire life to buy the next iPhone and you're still a nobody. I am not a f-ing commie but I do believe we live in a sick world right now where people spend so much time distracted from feeling, creating and living that I slowly atleast is becoming an anti liberal.
Most people live really boring lives and portray an image to others that everything is fine, I am happy. And most likely you will defend this world, almost as if it were a real religion, the utilitarian mindset is a cancer that's hard to think yourself out of.
This video must be made 20 years ago. Sweden is not that rich anymore. Look at how weak swedish krona has been the past decade.
Ok. Så tycker du vi borde gå med i Eurozonen då?
Japp, jag är 100 % för Euro ^^ det skulle underlätta marknaden och handeln blir mer stabil när det gäller export och import ifrån europeiska länder@@NikoBellic04
The Swedish GDP per capita is firmly in the top 20 of the world so yes its still rich in comparison to most
You are wrong my friend. It has gone down from top 3 to top 23 (statistics from september this year) is a pretty big leap down. It says a lot about how bad it has been going for us in a decade@@kronop8884
Vi har gdp på 8 biljoner kronor
No one is talking about how Sweden '' mysteriously'' became rich during ww2
Good point !
Selling steel to Nazi Germany was quite lucrative. Later on when most of Europe was bombed into pieces it was easy to innovate and produce since there was no competition.
Because they sold iron to Germany which was the only possible trading partner. They controlled Norway which has Narvik the port LKAB uses to transport iron in the winter. However to get that they had to travel through nazi territory. Secondly, the nazis had plans to invade Sweden but Sweden had prepared to blow up their iron mines in case of invasion. So the nazis would invade Sweden if Sweden didn't sell iron.
Thirdly Sweden's economy grew more after ww2 since the world that had been effected needed to buy resources which Sweden had because they hadn't been effected by the war.
@@darkwolf4434 Yes and the Luger and the 9mm was manufactured and tested in Sweden
I live in Sweden, and i can say Sweden is only Rich on the paper. But it is not a country with a Wellfare worth its name. If you did your work proper, you would know this.
Git gud
Only a true noob would take "Git Gud" to an youtube chat.
Men du verkar ju inte särskilt insatt heller.
Det kan nog vara för du inte tar användning av välfärden
Fokuset för välfärden är att alla ska möta ett minimum i livskvalitet, det är ett nät som ska skydda befolkningen från att lida.
Jag personligen tycket att våran välfärd är oerhört generöst
@@pqsnetlol
Håller inte med. Visst finns stora problem med välfärden, men den funkar egentligen väldigt bra. Tror om man jämför med andra länder, även DK, så är Sverige i framkant. Är själv dansk-svensk (uppvuxen i Köpenhamn) och bor i Stockholm, så har sett skillanden mellan länderna. Sverige är riktigt bra
who told Sweden is rich ? i live here and i cant see any richnes among the greater deal of the people ,i think the people in my country are the most poor of all in europe and so called western countries.
Guess Sweden isn't that bad in comparison to other northern european countries
The country has gone to shit and is corupted and has an extremly high crime rate and i see this every day in my life here in Sweden.
Unfortunately this is common in a lot of cities in Europe atm 😏
Then move the fuck away fren
So if this picture of Sweden is right, why would they move to Norway? Swedes com to Norway (and their are MANY) for better jobs and salaries, and some choose to go to Denmark too. Norway and Denmark have way better salaries than Sweden.
It's not all about salaries of course. Also healthcare and other things. Finland falls behind in salaries
Cause Norway is among the top 5 and Sweden is among the top 10. Same reason why Germans migrate to Switzerland and the 4 are rich countries.
After living 5 years in Sweden as an italian immigrant, I must say that this is the example of how a country should work.
Of course there are problems, no place is heaven, but Sweden is the farthest from hell you can get, hell being Italy.
Good to hear you are comfortable at living in Sweden
In sweden we usually compare ourselves to Schweiz since we both had the same good opertunities after ww2
That's a good point Joe
as a person living in sweden now i can say this is absolutely bullocks
The fact country is rich doesn't mean that every person in the country is as well.
Comparing metrics with other countries around the world Sweden and its nordic neighbours are all at the top tier regardless what area you are looking at
I am Swedish, livning in Stockholm and Sweden and its citizens are rich relative to others. Even in Sweden, most people are rich in terms of being able to afford a very good lifestyle
@@ivanvikalo4995 Im considered poor but still have a good lifestyle.
So the persons making the video, must be from another planet right? /Stockholmer
Sweeden is not particulary very rich in Europe. Netherlands,Switzerland,Austria,Belgium,Denmark,Norway are kinda above Sweeden in wealth, gdp per capital etc. Anyway the answer is obvious, stability and peace ! Observe how the countries in Eastern Europe are poorer than Western European ones because of a few reasons, mainly being interference from foreign,muslim invaders from Asia,Comunist from Russia. If Countries like Sweeden had to defend all their history against invaders from Asia or experience imposed comunism that crippled their economy they would not have been at all Wealthy. So the answer is political stability and overall peace for a country
All the examples you gave are nations with some very rich folk and lots of working plebs doing ok-ish.
Belgium is not rich, most belgians are in debt
Besides, Sweden wasn't exactly poor in 1950. By the standards of that time, when most countries were struggling to recover from the war (Sweden was neutral), it was rarher prosperous. So, no "miracle" at all.
That is incorrect. First off, Sweden has the highest GDP out of all the nordic countires. Around 700 billion dollars. And second of all, it has the 10th highest GDP per capita in Europe at 63 800 while Norway has 78 000 so your numbers are completely wrong. And Sweden comes before Belgium, Germany, France, Finland etc.
You’re also wrong about Eastern Europe. Relative poverty there was in contemporary times almost entirely caused by communism and it’s enduring aftermath. Look at Central Europe before WWII.
Only Denmark, Netherlands, Switzerland and Norway are richer than Sweden of those you mentioned.
How do you only have 40 subs? Its a really good video
Thanks Dash! really love your kind words
Thank for this video.
One note to clear USA situation: USA may have one of the highest average household income in the world, but also they goverment is deeply in dept - more then 100 % of they GDP per year.
That's correct Tomas. What's the best solution in your opinion?
@@BeyondBusinessesinvade Cuba. We will fix debt through sugar plantations.
My suggestion is to not spend more than you can afford.
@@fredrik3685 It can be very beneficial to do that though. If i loan 5 million usd, spend those 5 million investing in a buisness, real estate, etc. Then if i get back more than 5 million then i have made a surplus
The debt doesn't matter as much as you think. Every government is indebted.
Why is every Swede so negative here? I love my country. Those who complain should wake up and realize how privileged we are.
Good to hear so Marta. But it seems like everything is becoming less good the last years...
@@BeyondBusinesses yeah, but news abroad have also created a picture that’s not 100% accurate
Can you do one on the rise of the music industry in Sweden. They are a country of the highest income for music per capita.
I've heard one of the reasons is extensive programs of publically funded classes for children to learn how to play instruments. It was very common going to music classes after school. Sports or playing an instrument was the standard after school activity. Funding has been cut in recent years though, but still available for low fees if you (or your parants) are interested.
Working on it Sabmis 🫡
😍@@BeyondBusinesses
Sweden actually understands that high taxes do mean high growth if they are well-spent.
Exactly Christian!
Well spent. No chance of that happening in the US.
Agree strongly.
@@LegalShield3000 are you telling me that the 50th WarBoarThunderSteelHawk 2000 model tank is not a good way to spend money??
No, Sweden does not. The taxpayers money have been squandred away on non productive migration. The GDP is the worst in EU, och our co centralbank have been printing SEK like crazy the last 10 years. M2 has been increased by 150% during this time to pay for 2 unemployed migrants from North Africa, sparking high inflation. The problems are mounting, and you will soon be aware that Sweden is a failed state. Trust me, i am swede, and se this unfold from within.
I like that on the thumbnail it stood that in 1950 Sweden ( where i live btw ) was poor and now it's rich. But Sweden was the richest country in 1950. ( It was so because almost every singe country was in ww2 but Sweden was still very rich in 1950
Non of the big companies companies are Swedish owned anymore. IKEA is Dutch Volvo cars Chinese. Scania is owned by Volkswagen in Germany and the list goes on. We have a steep decline in education. 2045 Swedish people will be a minority in its own country
There are indeed a lot of immigrants, almost everywhere in the northern part of Europe
I am Swedish and I have no idea our country is rich. It is true there are wealth but the wealth are in the hands of a small minority
Almost everywhere the same my friend
Well it’s relative. This video is from a US perspective, making Sweden a utopia 😂
@@claeswelinder5580Yay i live in a utopia :D
5.9% of the population are milionares. which is 10th on a global scale of most milionares per capita. The foundation to become wealthy exist, and with the ''free'' education for every single citizen, everyone has the opportunity to become a sought after asset that gets payed well.
We have free school, free healt care. The oportunities are there.
Sweden is not even nearly as rich as it was in 1950s compared to other countries. What is true though, Sweden has many billionares per capita and a strong elite. Many jews came from the Sovjet Union, Denmark and Czechslovakia around the world war periods.. which helped the country a lot. But foremost it was the neutrality and the long period of peace which made Sweden prosperous.
Almost 30% of swedish population is borned abroad, mainly från north africa. We have war on the streets and 2022 was the first year that the number of bombings reached the number of days of the year. 365. Compare this with Denmarks 2, Norway 1 and Finland 1. Sweden is falling.
Återigen håll käften. Av hela den svenska befolkningen så är det ca 6-10% som är icke svensk i rötterna. Sluta snacka skit din nolla. Och Sverige är fortfarande ett av världens säkraste länder och ett av de säkraste i Europa. Det ör bara vissa bostadsområden som är sämre.
The Arab who stabbed children in France, was a migrant from Sweden. This is the trash Sweden accepted
The bombings were at 195 in 2022 stop spreading misinformation. There weren't even as many shootings as the days in a year. And then you'll also have to consider that we have a country of 10 million. The city Chicago in the US had twice as many shootings as Sweden with a four times smaller population. Are you saying Chicago is falling apart?
Not because of some secret or taxes, just hardworking people and an astonishing workforce with some witts
Totally agree
Free education for all. It's really that simple.
That could be indeed a part of it...
I always suspected that ABBA represented a large percentage of Sweden's GDP, but I'm only 5 seconds into the video. ☺
Haha 😂
Peace does help a lot...
We have had peace sine 1814 :) Just look at Switzerland too.
Stupid thumbnail, sweden was relatively much richer in 1950s and 60s , top 10 to 4 riches countries the world at that time. Now we are like top 15, even experiencing negative growth in 2019 and 2022.
Every country is in decline right now sir
The Secret... Sweden is not insanely rich
That's more like a commercial boasting how great Sweden is. I would have liked to see more comparisons with other countries. What circumstances and political decisions made Sweden stand out? Why didn't other countries do the same?
We're working on new content about Sweden, Daniel🤫
Never forget the King of shred ; Yngwie J Malmsteen 👑
I dont feel very rich living here when an iphone cost 30-40% more than it does in the US
Are you serious? 😮
@@BeyondBusinesses Imported things are very expensive here
This video is also biased because it doesn't mention that the Swedish are the most indebted people in the world, the school system has been producing lower and lower results every year for DECADES. It doesn't mention the vast governmental and private sector corruption. The neutral policy has allowed Sweden to sell weapons to both sides of all wars since the Wiencongress and is the biggest reason for Sweden's wealth which is not distributed throughout society but kept by a group at the top, Investor and Wallenberg. The second biggest reason for Sweden's wealth is stemming back to the colonial days when Wallenberg sold opium in Asia but it is an open secret that they burned the books accounting for the transactions. Sweden also has the oldest central bank still in use, even older than the British. This video sounds more like a propaganda video, with great music in the background too. I'm not attacking you personally, of course, just giving some feedback on the video and my thoughts as a Swede really tired of the corruption in the country. Best Regards.
I agree with you
Insanely rich? Which planet are you on?
It's going not that well right now
Was Sweden really poor 1950?? I don't think so.
But, around 1900 the main portion of the population was poor, that's right.
The big leap for Sweden occured during the whole 20th century.
A lot has changed indeed sir
Well becuase of how we have alot of tech companies and industries in the 1960s we were the richest country in the world at the time and were have alot of natural resources and wood we make furnitures we sell all around the world.
By your amount of subscribers & viewers i think you’re beyond those level of content creator. I think this account is just your second or fifth startup account. Your work is like from big tech group. This kind of outcome impossibly came from a single man & who was just start his journey to become youtuber. Thanks. Good video. I’ll help you by become one of your subscribers
Thanks Mamat! But to be honest this is our first and only account. We just want to bring you guys good quality content
Living in sweden it doesnt feel like it lol money wise I would be earning more in other countries, but money is not everything
No, we don't have a lot of competition, at least not broadly, and not anymore.
It may have been the case back in the day, before Reagan and Thatcher put their shit stains all over global economies, but as we're moving closer and closer to terminal capitalism/corporatism (as capitalists tend to want to do), and Sweden is slipping in this transition. More and more markets have turned into oligopolies in the last 20 years, with ridiculous profits as a result, and the people have footed the bill. Income levels are stagnant compared to business profits, homelessness and poverty is on the rise, and the cracks in society have never been wider, as can be seen in the emergence of violent organised crime syndicates in the last few years, the likes of which we haven't had to endure since the big crash in the 90's.
Our school and healthcare systems, to pile on to the already precarious pile, are just barely scraping by at present, constantly hounded by demands to save money, to "trim the fat", while officials give shares of this market to private actors who just use it as a get-rich-quick-scheme while trying to cheat the system in every way possible, be it by cutting costly and difficult treatments in the healthcare sector, or by not accepting students who haven't already excelled in their studies in the school system, and so on.
To top it off, our spending on infrastructure is lagging hard, and the current infrastructure is aging badly. Last I heard, the maintenance on the rail system is behind some 70 billion Euro, and the road network is in an equally bad shape.
The broad wealth that still exists is in large part inherited, economic inertia in other words. It's very rare for someone to start from nothing and end up with a prosperous life, and this is true both for the countryside and the urban areas. In another 50 years, if the trend doesn't change, we'll be just as bad as the US.
That's a clear explanation dear! 🔥
Not really, the krona is fucked, and you make lase than let's say 7 years ago
Sweden is rich because of virtually no corruption and almost nobody screws you over. Trust is high between people. The welfare system is actually very tough and limited. If you are unemployed you only get help for a few months. Then they force you to work. No freebies here. Because its so cold and dark, frankly there is not much else you can do other than work and a few in-house hobbies, unless you like winter-sports or you are a lumberjack. For immigrants life is actually hard here. So I don’t really understand why it is so attractive for outsiders.
That's a good point John!
Corruption is everywhere in Sweden, they are just extremely good at covering their tracks. Municipalities in Sweden do not prioritize the population and spend the money on idiotic projects that help noone, and we can do nothing except watch while they take our tax money and we get nothing in return. Sweden is not a paradise economically nor socially. My nation has been torn asunder by corruption and incompetent beuraucracy that has no regard for the common swede.
Can agree on that also!
We're not rich anymore - we gave it all away to strangers. Cheers.
This problem is getting worse day by day
@@BeyondBusinesses Yup, no discussion there 🐪
Whoops, you just got new subscriber
You can't help but feel a srong sense of patriotism when you see IKEA stores and "Hästens" in China.
Understandable
we were never poor in 1950s, that was a great time for us because of WW2. we are also not insanely rich today. even if we were the money has been going to other countries for over a decade now because of our old government and EU. Get your facts right and stop clickbaiting with our country.
Work hard and be smart is the short answer.
This video feels scripted by chat gpt
Well I can tell you it isn't
Sweden was absolutely NOT poor in 1950 lol
There's a big difference between now and then
@@BeyondBusinesses I mean that’s true everywhere, but in Europe in 1950….the only countries with higher per capita income were Switzerland, UK, and Denmark, and within 5% of the latter two.
Was.. Sweden has since the 1980s ranked lower each year in standards of living incrementally..
Are you stupid? Sweden is still of the top countires in the entire world when it comes to standards of living. Even number 1 depending on the list. You’re very funny🤦🏼
Should have said 2019 Rich , Swedens economy has been in a downwards spiral since covid.
Sweden is decline, violent crime is on the rise, healthcare is on decline, lots of service provided by government and municipalities are going down in quality.
"violent crime is on the rise, healthcare is on decline, lots of service provided by government and municipalities are going down in quality. - I agree.
"Sweden is decline" There is no proof that is true.
We finns are following you
The overall view of a country is ususally behind 20 years if reality. Thats why people think Sweden is super rich even though the people have quite low salaries after tax and today its often a crominal shithole in many cities.
And people think that countries like Poland is poor even though Polish people (Especially in IT) often earn more than Swedes.
But as ususal it will take 10 years before people notice this.
1950 Sweden was not poor compared to 1950s europe
How Sweden became rich? Stay out of the world wars and trade with both factions (but trade the most with the ones that are currently winning), then you help rebuild your neighbours after the war and profit.
This is a clever way of looking to it🤓
Most countries wanted to do that, but few were as lucky as Sweden.
As a swed i am angry that nobody can sat "ä"
Great video! I'm curious how African countries will evolve the upcoming years thb. Can you guys make a video about that maybe?
Thanks in advance
Thank for your reply Steve. Will take notice of that!
Great! Looking forward to the next video!
I suppose, the super business-friendly Rwanda and
The growing Ghana might be good candidates.
Happy to be corrected if others are doing even better.
Don't Ever think that African countries will be successful only in scams
@@vince6252 It'll take some more time but Nigeria and Ethiopia are making a progress too.
Wait yes sweden is in eu
Why this silly music?
There's no way this video isn't ai generated
For sure this is real content hugget! 100%
Sweden has been on a steady downhill for about 20 years now lol
Haven’t watched the video yet, but the answer is basically war profiteering from being neutral in ww2
That's also a factor indeed
have some Swedish heritage
Even tho i liked the video and even live in Sweden, i would love to be able to see your sources of where you got all the facts from for this video. Otherwise I'm quite skeptical.
The state might be considered rich for taking a disproportional amount of money from the people. For that same reason, many people in Sweden and in the rest of Europe can't make ends meet anymore. Tax is basically a legalized transfer of money from the poor to the rich.
Far more people in poorer countries with lower taxes can't make ends meet. The reason why it's happening in some places in Europe is because of growing inequality and wage stagnation.
Taxes are essential for evening out income disparities. Not coincidentally countries with low taxes have a worse GINI than countries with high taxes.
@@portpass1974 And whyyyy do you think the wage is stagnating? Can it be that people go here from poor places willing to work at lower salaries and worse working conditions and don't join unions? Just like wages were suppressed in ancient Rome? Exactly what the Gracci brothers said? hint hint* No it's obvious due to immigration and if you look at history you'll see that the upperclass whenever they can do this to suppress wages and not only wages the democratic value of it's citizenry. I really implore you to look up the Gracci movement and you can see the parallels. It's not the exact same but it's scary how similar it is. Immigration have and will always be economic warfare against the working class.
@@1212Diablo Large scale immigration into western countries began long before the advent of wage stagnation and increasing inequality since the late 1970s (literally by decades). Both have been caused by tax cuts on the rich and corporations, privatization and deregulation, monetarism, cutbacks to social programs and the social wage, and attacks on workers rights and unions. Right-wing simps will always find scapegoats like immigrants to blame for their own policy failures. Try again.
In sweden you always make ends meet.... Its part of our tax system, We actually help out those that struggle with making money. Aside from that we do pay proper wages here like on a full time job (im not educated) I earn currently 22k SKR a month after tax and if I get hurt I dont have to pay to go to the hospital, if I lose my job ill stil get money and the goverment will pay my rent till I can find a new one. I dont need to pay for my childrens education (dont have any) high tax is not bad it gives a lot of positive things. On average a US citizen pay around the same amount as a swedish one in taxes yet they get far far less.
The EU was formed in 1993 so it is not weird that they were not a member in 1974 😂😂😂
That's correct!
This video is too general in how it describe the success of the country. Very much can be said about ideas and decitions which has impacted positively.
There is happening a lot lately
@@BeyondBusinesses What you wrote now has nothing to do with my comment at all. Are you just making videos as fast as possible to earn money? Essentially all info in the video is completely obvious stuff to anyone who knows basics about the country.
i think they forgot to mention "coff" swedish Weapon industry "coff".
What does that mean?
@@BeyondBusinesses well have you heard of SAAB, Hägglunds and Bofors. Sweden has a big weapon industry. Not like the US ofc but Sweden creates most of its own weapon systems like JAS Gripen, Cv90 and Karl Gustaf recoiless rifle. Sweden exports many of this systems to many countries around the world. You can say the KG recoiless rifle is the RPG of NATO. Sweden has also made many cooperative weapon systems with other countries like the UK with the NLAW that made a lot of news in Ukraine when the war started. Just wanted to point it out no biggie.
We could do with a few hyphens in the subtitles, right.
Rich? We’re no rich country anymore
Doesnt say much about why Sweden became rich
Social trust and fairly little corruption is my take.
@@davidborgstrom Ah, and what does "your take" has to do with it? Facts, my friend, and data
@@teomartini1105 it's a complex subject, obviously, and hard to hard to pin down in a short sentence. There are many, many things contributing to Sweden's economy. But two things that stand out are social trust and lack of corruption.
Did that sound better?
Sweden could no be member of the European union in 1974, due the fact that it didn't existed yet😂