Another one bites the dust!
Socialism is collapsing all over the world.
Exhibit A would be Venezuela, but now we're seeing the contagion spread to the Scandinavian systems, which aren't really socialist in the classic sense, but massive capitalist welfare states.
The collapse of the three-party governing coalition comes weeks before Finnish voters will head to the polls on April 14th to vote for the Parliamentary elections.
Juha Sipila has been the country’s prime minister since 2015, and took responsibility for the collapse by stating; “I take the responsibility for the failure. It has been a huge disappointment to me,” Sipila said during a news conference. Finland’s President Sauli Niinisto accepted Sipila’s resignation.
Martin Armstrong has some choice words regarding the causes.
"Healthcare is destroying Western Civilization for the costs are far too high. Because they have been subsidized by the government, they have not been subjected to the normal business cycle." Which I wholeheartedly agree with!
If you don't know of Martin Armstrong's work on the business cycle, you need to head over here to his blog and start reading asap!