Today's Cover in Sweden's Most Popular Newspaper

In a previous post (click here to see the previous post), I mentioned that Scandinavians seem more aware of our impending housing crisis than most Americans. Today’s cover of the business section of Sweden’s most popular newspaper helps prove this point:



The approximate translation of the headline is: “Stock Market Rises after USA Fed Drops Interest Rates -- At the same time, Americans are threatened by homelessness as a result of the financial crisis.” Incidentally, the headline is referring to the Swedish stock market, which went up 3.24% in response to the Fed rate change.