[carlsweden]

Report from Sweden and Europe

Our banks in Sweden and Europe have suffered a lot from your financial crises, but our banks are more stable here in Sweden since our last crash in the beginning of the 1990s.

The Swedish government tries to tell us that but that aren’t actually true.

For example, Norway, Sweden, Finland, Denmark, Germany and the rest of Europe has big problems our federal reserves are trying to help the banks with extra money for three months. I have a university degree in master of economic, and I can tell you that there you can’t put out a fire with gasoline. (You can’t start put more money in an crashed economy)

In Sweden our economy is much dampened of exporting goods to US and our economy has suffered for 2 years now with a very weak dollar. Many of our biggest companies like Volvo are getting rid of personnel because and are on their knees.

In Europe there is a “House price bubble” and we are just in the beginning of that road the 2009 will be very hard for us.

I have start storing gasoline, rice, dry food, batteries at my summer place. I have also bought a Motorcycle stored in my garage.

I think this is just the beginning of something big, every country will suffer very hard of this economic crisis. Every government is trying to calm down their people.

We will have an economic meltdown, soon the people will start go to the streets and fight for their food.