Published 16 May 2021 at 18.57
Domestic. Swedish politicians and authorities have taken the corona pandemic as income to feed Swedish billionaires in a way that is unparalleled in the western world, reports the Financial Times. Only in Russia have the oligarchs benefited more in 2020.
Like the article p & aring; Facebook
& copy; & nbsp; Lesula
The Riksbank in Sweden has invested to feed big business and their shareholders during the pandemic.
During the pandemic, government free money has rained down on the richest, who already own real estate or shares. At the same time, the poorer have not infrequently become poorer, and in Sweden many young people are now further than ever from being able to buy their own home. survey from the Financial Times.
“The most eutrophied is – hear and be amazed – in Sweden, which many leftists still misinterpret as a social democratic utopia. In the last five years, Sweden's number of billionaires has increased from 26 to 41 of those 10 appeared last year, when their assets went from 20 percent of Sweden's GDP to 30 percent “, writes the Financial Times.
However, the newspaper notes that the Swedish billionaire class is significantly more illegitimate than the American, because it is more of an oligarchy than a successful entrepreneur.
“The source of the American billionaires' income looks less dubious on the whole. One third comes from” good “industries, the highest proportion in the world and close second Australia, there a quarter of the income does so “.
Only 25 percent of the American billionaires 'income comes from inheritance, compared to 60 percent of the Swedish billionaires' income.
The study included ten developed world countries and ten developing countries.