Prosperity puts Sweden in a party mood
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Sweden is once again partying like it’s 1999, except with a bit more refinement and know-how this time.
The fascination of this boom lies not in its similarities with 1999 but with its differences. This time around there is excessive consumption – but it has been tempered by experience, the full measure of which can only be realised by journeying backwards to 1999 to make a comparison.
The Financial Times’s David Ibison wheels out the time machine (here reproduced in the LA Times) .
