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Furthermore prior to the start of the last crisis some countries - sweden, canada - had a surplus years in a row.

Sweden is running a surplus by means of a trade surplus, sustained by keeping wages from following productivity. It is one way to slowly race the working class to the bottom, but it can not be ran by many contestants at the same time as someone has to have a trade deficit for someone else to have a trade surplus.

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by A swedish kind of death on Tue Aug 16th, 2011 at 10:35:29 AM EST
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