Sweden, which as far as I know produces only blondes, furniture and Volvos (and even the Volvos may be going to China the company having recently been sold), has displaced the United States as the #2 most competitive economy in the world according to the World Economic Forum. Great. Although not too much can be read into this one survey, the flight of capital to places like Hong Kong (see 8/9/10 post) is a concrete expression of the same perception but one made by corporations and wealthy individuals in this country and therefore genuinely troublesome.
www.thelocal.se/28878/20100909/
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