Sweden tried for one in the 50ies but Finland couldn't and Norway, Denmark and Iceland wouldn't but instead joined NATO.

Right now the policy is to send some troops abroad and in general hope that there will be no conflicts here as there are no other troops. Oh, and use the troops abroad to market the military industry's latest gadgets, so that they can be sold - with just a little bribes - all over the world.

Actually, given the result of the war in Iraq, I think Swedens old defense policy of having enough defense and preparation for gerilla warfare to make the attack on and occupation of Sweden unprofitable for an attacker, could very well work. It also has the advantage that we would not need to have the best in weapons, as long as it is enough to deter.

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