Long story short the economic data info and numbers shows that finland economic is done.
But what surprised me is the sweden havent had crash of economics
But what surprised me is the sweden havent had crash of economics
After the pandemic, many countries saw the downfall of their economy. A country with a bigger economy survived the impact somehow but a smaller one crumbled after that. Though Sweden was one of the very few countries that avoided lockdown during the pandemic and because of that Sweeden economy shrunk by 8.6% while other EU countries like France, Spain, and Italy face more than 10%. Sweeden was in a better position than others economically.
But The situation worsens after Russia's attack on Ukraine the previous month. I think we won't find any country where inflation didn't hit hard. Inflation means govt will print more money to prevent an economical crash and that's what happens.
