Thursday, September 25, 2008
Swedes Do It Better
Ikea products might be shoddily put together and the Swedish "meat"balls may be made of mystery meat, but those Swedes seem to have gotten something thing right (beyond ABBA, Greta Garbo, and Stefan Edberg). When Sweden had a similar financial crisis to the one facing Wall Street in the 90s, they managed to come to a solution that doesn't involve sticking it to tax payers. Why Bo Lundgren, Sweden's financial minister during the 1992 crisis (left), must be a some kind of genius! Why none of these solutions are being seriously entertained in Washington is beyond me. Don't even get me started.
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