Thursday, October 29, 2009

Madness

The Swedish government is running a SEK 40.4 billion deficit, measured in September. But for some strange reason this is considered to be good news because the anticipated number was minus SEK 46.1 billion. In an alternate universe they may be right, in the real world, however, this is horrifying.

Even if we assume for a moment that the growing housing bubble can be managed and lets also at same time ignore current world events and the coming crashes in the US. Let’s also ignore the fundamentals in the Swedish economy, which are horrific in their own right. Even if we do all that, we are still left with the presence of this debt. It needs to be repaid, with interest. Just like with any loan the end result is much, much more money being wasted down the line than the actual money you get from the loan.

And the very notion of this as “good news”? How the fuckidi fuck of all that is unholy can they come up with such a stupidity?

The people behind this plot of by borrowing and spending on our tab should end up in prison doing sixty-eight years, breaking rocks and making special friends with Bubba the Weightlifter. Journalists writing about stuff like this in a positive way should be keelhauled, naked, in shark infested waters. And you who buy any of this crap are an idiot, plain and simple.

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