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With Astronomical Debt Burdens and a Housing Bubble, Sweden Scraps Reform Plans for Mortgage Financing
Sweden’s recovery from Financial Times Sweden’s economic recovery threatened by potentially volatile housing debt market Unlike other countries in its Nordic neighborhood, the vast majority of Swedes do not pay off the mortgages on their homes – dying in debt and many having only paid the interest on the loan itself rather than the principal. […]
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Asia‘s Great Wealth Divide
As Nikkei points out with this awesome graphic, while the nations of East Asia have the fastest growing economies in the world, there is still a lot of work to be done in closing the gap between the nations’ poorest and wealthiest citizens. Nikkei notes that the gap is greatest in Malaysia and that disparities […]
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