LONDON: Experts say Sweden’s “socialist state,” has become one of the most unequal in the world.
“socialist Sweden” has become a paradise for the super-rich, according to Andreas Cervenka, one of Sweden’s most recognised and award-winning business writers.
“people’s home” refers to Sweden’s socialist-capitalist period.
Cervenka claims Sweden is one of the most “unequal societies in the world” with high debt.
Cervenka believes a major financial disaster is imminent.
Le Monde stated that Credit Suisse Research found 1,095 billionaires in the country, up from 28 in 1996.
Moreover, According to Oxfam’s 2022 Commitment to Reducing Inequality (CRI) Index, Sweden’s inequality score has declined from 10 to 20 in two years.
While, The CRI reported in October that this places the country far behind its Scandinavian neighbours.
Since 2017, Sweden has fallen in Oxfam’s economic inequality rankings.
CRI found that Sweden’s inequality is growing.
Moreover, Oxfam Sweden secretary-general Suzanne Standfast told TT newswire that Sweden is an OECD country “where economic inequality has increased the most in recent decades.”
