One major difference between the USA and Sweden is that if you have a bank loan and can't pay it back they will take all your assets, not only those you used fo

One major difference between the USA and Sweden is that if you have a bank loan and can't pay it back they will take all your assets, not only those you used for security! So you will be in dept for life! Another major difference is that education is free! And healthcare is almost free. In the last 15 years the Swedish population has increased nearly 20% mostly by immigration. Most of the immigrants are Muslims, and are not allowed to pay interest by their religion! Thus the weird housing market. In the last 10-15 years interest rates has dropped below zero. And property prices has gone up 5x. Those who didn't want to spend their money in the last 15 years (the baby boomers) now want to spend their money!