Sweden: Bankruptcy record in February
Sweden is in many ways the canary in the coal mine for the European economy. The latest figures from February show a record 62% increase in company insolvencies compared to the same month last year. This makes 19 consecutive months of rising insolvency rates, with over 900 companies exiting the market in February. Scandinavia's largest country is deep in a severe economic depression. No matter what figures the state authorities try to distract the public with.
https://www.bloomberg.com/news/articles/2024-03-01/swedish-bankruptcies-surge-in-worst-month-for-three-decades?utm_source=twitter&cmpid%3D=socialflow-twitter-economics&utm_content=economics&utm_medium=social&utm_campaign=socialflow-organic
#sweden #recession #insolvencies #europe
Ghost of Truth
npub1sc…pzprv
2024-03-01 12:39:42
Author Public Key
npub1scljc42jwm576uufxwcwlmntqggy9utwz55a6a2hqjy9hpl7uxps4pzprvPublished at
2024-03-01 12:39:42Event JSON
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"content": "Sweden: Bankruptcy record in February\n\nSweden is in many ways the canary in the coal mine for the European economy. The latest figures from February show a record 62% increase in company insolvencies compared to the same month last year. This makes 19 consecutive months of rising insolvency rates, with over 900 companies exiting the market in February. Scandinavia's largest country is deep in a severe economic depression. No matter what figures the state authorities try to distract the public with.\n\nhttps://www.bloomberg.com/news/articles/2024-03-01/swedish-bankruptcies-surge-in-worst-month-for-three-decades?utm_source=twitter\u0026cmpid%3D=socialflow-twitter-economics\u0026utm_content=economics\u0026utm_medium=social\u0026utm_campaign=socialflow-organic\n\n #sweden #recession #insolvencies #europe",
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