Sweden's economic model begins to crumble

This video from Youtube is pretty interesting. It is The Duran Quick Take: Episode 328. The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the economy of Sweden. The economy has recently taken a steep downturn and faces recession.

The Duran - http://theduran.com

Sweden is a Scandinavian nation with thousands of coastal islands and inland lakes. The country has vast boreal forests and glaciated mountains. Its principal cities, eastern capital Stockholm and southwestern Gothenburg and Malmö, are all coastal. Stockholm is built on 14 islands. It has more than 50 bridges, as well as the medieval old town, Gamla Stan, royal palaces and museums such as open-air Skansen.

North of Sweden's border is Finland.
South of Sweden's border is Norway.
Iceland is the island east of Sweden.

Swedish is the official language of Sweden. Nearly the entire population of Sweden speak Swedish with most speaking it as a first language and the rest as a second language. The Swedish language is a North Germanic language that closely resembles Norwegian and Danish.

Over 80 percent of people in Sweden can speak English.