Maud Olofsson, Enterprise Minister of the socialist Kingdom of Sweden, announces that the government is not going to bail out the bankrupt automobile manufacturer Saab: “The Swedish state is not prepared to own car factories.”
Question: Which nation is really more socialist, and which one is really more “laissez-faire.” The one that allows a failing company to fail, or one that rewards failure? Sweden or the United states?
[added 10/24/2021] Thanks to Freedom’s Phoenix for this entry.
Subsequent Events:
References:
Sweden Says No to Saving Saab – NYTimes.com
www.nytimes.com/2009/03/23/world/europe/23saab.html/?_r=2&hp