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主题:Watch out the Euro crisis -- parishg

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家园 Sweden is too close to Euro

-land.

Too much export and import with Euroland.

During the recent currency crisis, Swedish currency was pushed up further, making its export even worse against Euroland.

Sweden also has a housing bubble. During low rate period in Euroland, Swedish central bank could not really control its own domestic bank lending, because many borrowers could do currency swap with euro banks.

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