4 ms·
Alas, homelessness and povery exist in the Nordic countries as well. It's much less common herr than in many other places, but there is definitely a lot of peop
by fogihujy 6y ago
Alas, homelessness and povery exist in the Nordic countries as well. It's much less common herr than in many other places, but there is definitely a lot of people with large debts, living paycheck to paycheck.
- david927 6y agoSure. I didn't mean that as in actually zero cases. I mean, go to Portland and then go to Oslo. Go to Philly and then go to Copenhagen. The difference is night-and-day.
- fogihujy 6y agoDefinitely, but in the larger scale of things, Copenhagen is filled to the brink with overvalued buildings financed with zero-interest loans. If the interest rates start going up, the bubble is going to burst and a _lot_ of people are going to end up on the street ("the street" being used as a metaphor for a situation where there's no stable living situation). Denmark and Sweden have managed to keep their housing bubbles intact for now, but I suspect the financial troubles brought on by the pandemic might change the situation quite radically the coming 6 months if the EU don't manage to secure vaccine availability and get the ball rolling.
- david927 6y ago> If the interest rates start going up, the bubble is going to burst and a _lot_ of people are going to end up on the street Yeah, I hear you. That's the whole world, though. Here in the US, too, interest rates are prohibited from rising or it's Armageddon.