Swedish Finance Minister Elisabeth Svantesson has warned that Sweden may be facing a recession this winter that may last years, citing forecasts showing protracted economic turbulence.
Finance Minister Svantesson gave a press conference Thursday warning that Sweden faced a difficult economic situation and that the country will likely enter a recession this winter. “What the forecasts now show is that the winter looks to be more protracted than we thought before,” Svantesson said, the broadcaster SVTThe Minister’s remarks come a day after the National Institute of Economic Research released a forecast stating that the recession the country enters in the coming year could last all the way until 2025.
“Of course, forecasts are always uncertain, but in a situation of energy crisis throughout Europe, energy prices that are volatile and a war in our immediate area, the uncertainties are greater than in a very long time,” Minister Svantesson said. Fears over possible gas shortages seem to have returned to the German media, with the cold European winter seeing the country burn through its saved-up supply far faster than expected.
'May be' and 'May'... Is there any question?
They are causing it
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Then stop doing self-destructive stuff. When you find yourself in a hole you probably should stop digging.
Ha, ha, careful what you ask for.
Weird because they never shut down…
🧵1/2 Finance Minister Svantesson gave a press conference Thursday warning that Sweden faced a difficult economic situation and that the country will likely enter a recession this winter.What the forecasts now show is that the winter looks to be more protracted than we thought
Sweden Better hurry and get those chip implants !
Agree it'll last till we get the Democrats out of power. And stop this one world order that is crushing America as a whole.
CRIME
These WokeMindVirus countries are going to start regretting their terrible policies
Climate change foolishness is causing most of this. Liberals tend to fix what isn't broken until it is.
Whats this minister's affiliation with the WEF? Are they pushing year-long recession as the new Great Reset?
But but but…. Sweden helped Ukraine …
Must be following the biden school of finance...
Ya think?! We've been in a recession for nearly 3 years. Screw the 'maybe soon' propaganda. Look at bacon cost. 🥓 In the U.S., 6.5 mortgage rate if you have spectacular credit. 2008, they said 7% would be Armageddon. We all know it. We been in a recession for years already
Following bidens plan this is what you get trading one environment for the other
Sweden - couple thousands of years of history, customs, traditions, and culture and all they have to show for it are a few cute blond girls! What a pathetic country!
LORDHAVEMERCY on SWEDEN....
Who thinks Greta Thunberg will be suffering through this winter?
When your policies cause 'economic turbulence,' expect more of it.
I was grateful to Sweden for their COVID response and showing the world to protect the elderly and not put draconian restrictions on the young - especially regarding in school learning. Their lowest in the world in excess deaths. Very sorry if they are hurt badly financially.
Don't worry. It will be transitory according the expert Yellen.
Maybe she’s taking advice from JoeBiden because he’s turned America into a 💩 hole
I feel neutral about this.
And the circus administration we have said our inflation is only at 7%! Don’t worry liberals the Biden admin have it all under control. 🤔
Duh. Globalist at work.
Nothing a few more social programs won’t fix.
How were they doing when Trump was president?
Leftists are always recessions and poverty
Do they not sell make-up in Sweden? 😏
Well we don't believe America is far behind.
Welcome to the club
I thought infesting the country with Muslims was supposed to help? 'After Christianity, Islam is the largest religion in Sweden,'
At one time, I thought things were beginning to improve but no longer. The death rate is soaring due to vaccine. A world wide recession or depression will drive the world to a major upheaval. Wars, rumors of war, and famine will mark 2023 as a truly awful year.
NATO will help them
Unlike Recessions of yesteryears. This hard economic time will bring greater pain than ever before. First the current administration thinks the government can buy their way out of recession to make themselves look great. The future generations, yes plural, will suffer greatly.
Cut taxes and de-regulate.
Globalism is not very attractive.
Surprise, surprise!
No fucking shit Sherlock.
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