Venezuela on Brink of Hyperinflation

Re:Venezuela on Brink of Hyperinflation by kryptiskt on Sunday August 23, 2015 @02:01PM (#10106225)

All the countries in Scandinavia are capitalistic. There is welfare, yes, but you'll find less government involvement in the economy than in the US (example: the US government rescued GM, the Swedish government told SAAB Automobile to take a hike).

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Re:Venezuela on Brink of Hyperinflation by ersii on Sunday August 23, 2015 @05:21PM (#10106778)

Please elaborate on how the Swedish State told SAAB Automobile to "take a hike". Sounds quite suspicious.

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Re:Venezuela on Brink of Hyperinflation by kryptiskt on Sunday August 23, 2015 @06:35PM (#10106998)

SAAB Automobile (not to be confused with the defense manufacturer) was bought from GM by Victor Mueller's Dutch company. When they ran into trouble and declared bankruptcy the government declined to do anything to save it and sacrificed some thousands of jobs in Trollhättan rather than to prop it up.

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