A Sharp Turn in Swedish Politics

When we recently discussed Europe’s refugee crisis, we mentioned that a sizable political backlash was to be expected and that unfortunately, extreme nationalist parties were likely to be among the main beneficiaries. We also mentioned the situation of Sweden, where the mainstream political parties in an ongoing fit of political correctness bordering on lunacy have apparently decided to transform Sweden into a province of Mesopotamia.

 

Jimmie_+àkessonLeader of the nationalist Sweden Democrats, Jimmie Akesson

Photo credit: Frankie Fouganthin / CC

 

We now have an opportunity to draw these two threads of the narrative together, so to speak. In Sweden’s 2006 general election, the “Sweden Democrats”, a political party founded in 1988 and considered “right wing fringe” up to that point (it self-describes as “social conservative with a nationalist foundation”), managed to make large gains in a number of Swedish municipalities. In the 2010 national election, it finally crossed the 4% threshold needed to obtain seats in parliament, polling 5.7% (this gave it 20 seats).

In the 2014 election, the party received 12.9% of the vote, winning 49 seats (14% of the total). In Scania County, its share of the vote (22.16%) put it in the lead before one of the two major established mainstream parties for the first time. In the Riksdag, Sweden’s parliament, the Sweden Democrats are “isolated”, as the other parties refuse to cooperate with them in any shape or form. We suspect that this underdog role has actually solidified support for the SD as the “only alternative”.

Similar to France’s Front National, the SD’s (relatively young) leadership began “mainstreaming” the party by excluding members thought to hold too extremist views (back in the 1990s, a few members of the party were caught prancing about in Nazi uniforms, which is definitely not a sign of respectability). Without a doubt it has succeeded in creating a more moderate image. However, its old slogan “Bevara Sverige Svenskt” (Keep Sweden Swedish) remains in use.

 

Bryssel“Brussels stay out of Sweden” – another sentiment that resonates ever more strongly with electorates across Europe.

Photo via makthavare.se

 

On August 20 of this year it became clear that “business as usual” is over for good in Sweden. This was the day when polls established for the first time that the SD was now the leading party in the country, receiving the support of more than 25% of voters (the poll question was: “which party would you vote for if elections were held today”).

Since yesterday, there can no longer be any doubt – as a result of their immigration policies, Sweden’s mainstream parties (the center-right and the socialists) are in danger of becoming “also-rans” real fast.

 


Oops! The former “right wing fringe” party that couldn’t even get into parliament is now beating the next largest party in Sweden by a 5.5% margin.

 

In spite of the fact that Sweden is an “extreme case” in a way, due to having been overrun by immigrants (mainly from Muslim countries), we believe that this poll is indicative of what is likely to happen all over Europe. Upcoming elections are going to be wake-up call that will likely invite a great deal of hand-wringing. Consider in this context that if France’s Front National were to win a national election, the euro would be dead.

Is it any wonder that the EU cannot agree on “refugee quotas”? Politicians everywhere know what is going to happen.

 

A Noteworthy Protest – the Social Mood Deteriorates

A few days ago there was a demonstration in Stockholm, ideologically aligned with the SD, but apparently not organized by it. The protesters called on the government to resign and call new elections due to its “mishandling of the immigration issue”. What makes it interesting are some of the comments made by protesters, which are quite informative with respect to the changing mood in the country. Apparently people in Sweden are really getting fed up by mainstream media propaganda and the top-down enforcement of political correctness in the country:

 

“A protest timed to coincide with the new term of the Swedish parliament has called on the government to resign in shame over their failure to manage mass immigration.

[…]

Jan Sjunnesson, local teacher and author who this year organised the infamous LGBT march through Stockholm’s heavily Muslim areas which rendered left-wingers worldwide furious was one of the speakers. Sjunnesson told Breitbart London that a cosy “gentleman’s agreement ” had rendered the Sweden Democrats the only opposition party in Sweden. He said: “what we now have is seven parties, who have made this left-right bloc in December to oppose the Sweden Democrats”.

SD were last week frozen out of cross-party talks on how to deal with the migration crisis, the only political party with members of parliament in the country to not be invited.

The placards and badges worn at the event convey the general mood – one tells the Prime Minister to “resign or go to hell”. Another mocks Sweden’s right-wing and centre-right parties for getting into bed with the left wing and coalescing over mass migration.

[…]

[…] many reacted with surprise to find a journalist at the event – the usual reaction of the Swedish media to such events is to smother them with a blanket of silence. When asked what must be done to save Sweden every response is the same – close the borders, and do it yesterday.

[…]

“The situation has gone too far. The old media lie about the ethnicity of rapists – recently there was a report about eight ‘Swedes’ who raped a native woman, but they weren’t Swedish. They didn’t even have Swedish citizenship, they just happened to live here. The media is lying, and I can’t stand by and do nothing any more.

“The government should resign their posts and let the people have a new election… the first thing a new government should do is to give more money to the police and the military, and close the borders.

“We should have more control over our borders, those people who genuinely need protection, who are fleeing from war, should be helped in Sweden. But if you take everyone, even the people who are violent to each other, you will start a war in Sweden too”.

[…]

“If you attend left-wing rallies you don’t run any risk with your employer, the media, your friends, nobody will complain. If you go here, you run a risk. If you are a member of a union, you will get fired if they found out you’re here. I decided a few years ago I’ve had a good life and I need to stand up for something that is about more than just me… it is time for the Swedes to fight for their existence.

“We’ve not been to war in centuries, we’ve not been threatened or invaded in a very long time. The Finns and the Danes were occupied only a generation ago, we never experienced that. It has made us complacent, cozy – we’ve had social democrats looking after us for half a century. But now these things are eroding”.

 

(emphasis added)

 

Stockholm-Protest-Banner

A protest banner in Stockholm: Merkel, Loevfen (Sweden’s prime minister), Juncker, “traitors to the people”

Photo credit: Oliver Lane

 

One question is of course why the popularity of the SD has soared so enormously and quickly between 2006 and today, and especially since the 2010 election. After all, Sweden’s liberal immigration policies have been in place for quite some time. There has always been an undercurrent of people grumbling about them, but it was our impression that Sweden’s citizens have by and large always been on board with leftist political correctness.

While Sweden has been forced to backtrack on the extreme socialist policies that were once in force in order not to suffer irreversible economic decline, many basic socialist ideas have remained ingrained in the national psyche. It is surprising to see such a sudden shift toward support for a party that essentially represents the country’s far right.

We interpret this as a symptom of a general “social mood” shift that is discernible almost across the entire developed world these days. Feelings of harmony, togetherness, policies of inclusiveness, etc., are all expressions of a “bullish mood” – in other words, they are generally associated with economic booms and rising stock markets. The strong reaction to the refugee crisis signals the opposite: the underlying social mood has actually turned negative/bearish. This has a great many implications, including for future financial market and economic trends.

 

Conclusion

If we look back over the past two decades, it seems obvious in hindsight that the introduction of the euro – which coincided with the top of the technology bubble in developed stock markets – truly represented a major peak in optimism. Ever since, things have been going downhill. This fact has been temporarily masked by massive central bank money printing, which has driven asset prices to new nominal highs.

The refugee crisis is in this sense merely a trigger event that is in line with the underlying mass psychological trend and reminds us of its direction. Not everything about a negative social mood trend is bound to bad by the way – but on the whole, history suggests that a lot of bad things are likely to happen while it is playing out.

There is no easy solution to the refugee crisis – after all, even the SD’s supporters stress that they are in favor of helping genuine war refugees. Their protest against Sweden’s extremely liberal immigration policies doesn’t mean they have lost their basic humanity. The fact remains though that there is a major backlash underway, and it means that Europe’s political mainstream is going to lose even more ground.

As we have previously noted, this would be perfectly fine from our perspective, if not for the fact that the parties in Europe most likely to benefit from protest votes are either of the extreme leftist or the extreme nationalist variety. We are rather doubtful that their ascent represents an improvement.

To close out on a slightly more optimistic note: things are not completely hopeless – as the many citizenship applications for “Liberland” show, a great many people do yearn for an alternative promising a restoration of liberty (“restoration” in the sense of the liberty that was lost with the advent of the 20th century’s total wars).

 

 
 

 
 

Dear Readers!

You may have noticed that our so-called “semiannual” funding drive, which started sometime in the summer if memory serves, has seamlessly segued into the winter. In fact, the year is almost over! We assure you this is not merely evidence of our chutzpa; rather, it is indicative of the fact that ad income still needs to be supplemented in order to support upkeep of the site. Naturally, the traditional benefits that can be spontaneously triggered by donations to this site remain operative regardless of the season - ranging from a boost to general well-being/happiness (inter alia featuring improved sleep & appetite), children including you in their songs, up to the likely allotment of privileges in the afterlife, etc., etc., but the Christmas season is probably an especially propitious time to cross our palms with silver. A special thank you to all readers who have already chipped in, your generosity is greatly appreciated. Regardless of that, we are honored by everybody's readership and hope we have managed to add a little value to your life.

   

Bitcoin address: 1DRkVzUmkGaz9xAP81us86zzxh5VMEhNke

   
 

6 Responses to “Refugee Crisis Blowback”

  • PackerFan:

    The Euro is equivalent to Napoleon. Napoleon lasted a meager 15 years. The Euro experiment is doomed to fail…the migration/invasion will speed this process of failure…”nationalism” will return to Europe, they are well versed, the United States on the other hand, not so sure…

  • John Galt III:

    Hijrah (look it up) is not immigration.

    The left has imported Muslims for two reasons: 1) they vote left 90% of the time thus insuring leftist dominance and 2) they are not ethnic Europeans so any opposition to these religion of hate advocates can be deemed ‘racism’ by the leftist Human Rights Commissions thus quashing freedom of speech. Very clever and it is auto-genocide. People who believe that Islam is just another religion are 1) Useful idiots and 2) Totally ignorant of Islam’s precepts and history. Islam was Hitler’s favorite Religion and if that doesn’t tell you anything your are evil.

    Sweden may be too far gone. We shall see. The Eastern Europeans are at least sticking up for their own countries. The UK, France, Germany and the Scandinavian countries are way too far gone.

    For those who don’t understand this, the Democrats want the same here. Then again they hate themselves and their own country, so no surprise there.

    • sufganiyah:

      Very well written.

    • VB:

      Any reputable source of the claim that Islam was Hitler’s favorite religion? That’s certainly news to me.

      Anyway, a joke:

      A Syrian migrant is granted asylum in Germany, gets a lot of financial help, etc. So, he’s very grateful. One day, walking around town, he approaches a German and tells him how grateful he is to the Germans for helping him and his family, etc.

      “Oh,” says the man, “I’m not a German. I’m Turkish.”

      So, the Syrian keeps walking around, meets another German, stops him and tells him how grateful he is to the Germans for helping him, etc.

      “Oh,” says the man, “I’m not German. I’m Turkish.”

      So, the Syrian keeps walking around, goes to a coffee shop and sees some German there drinking coffee and enjoying life and approaches him to tell him how grateful he is to the Germans for helping him, etc.

      “Oh,” says the man, “I’m not German. I’m Turkish.”

      “But where are all the Germans?!” exclaims the Syrian.

      “Oh, the Germans?” says the man, “Why, they are busy working.”

    • VB:

      Oh, he’s been arrested several times – and also many who have tried to go there. Note that it is always the Croatian authorities who are arresting people – ever the Serbian ones.

      The land isn’t really unclaimed. Croatia claims that it belongs to Serbia, while Serbia claims that it belongs to Croatia.

      It all starts with an old treaty which says that the border between the two countries passes through the middle of Danube (the river that separates them). Problem is, with time, the riverbed has shifted. So, now there are two possible interpretations of the treaty: a) that the border is where it originally was (according to the cadastral plan) no matter where the river goes or b) that the border is still at the middle of the river, no matter where the river moves.

      As a result of the riverbed shift, Croatia has gained some territory that used to be Serb and Serbia has gained some territory that used to be Croatian. Liberland is just a worthless piece of land (that used to be Croatian) – but the other territories are NOT worthless. Each country wants to keep what it has gained, but also to get back what it has lost – thus the border dispute.

      The land is “obviously” Croatian. Serbia doesn’t care about Liberland, because the land not being Serbian supports Serbia’s side of the dispute. However, Croatia is in a bind. The territory is “obviously” theirs, so they get irritated when somebody creates their own country there – but they cannot claim it, because it would mean accepting Serbia’s side of the dispute, which they don’t want to do. Thus their reaction with frustration to the developments in Liberland.

      Of course, entertainment value aside, the whole project has no future. The border dispute will be resolved one day and either Serbia or Croatia will assume control of the territory. The current “President” of Liberland is living the good life and spending the donations on political tourism.

Your comment:

You must be logged in to post a comment.

Most read in the last 20 days:

  • India: The Lunatics Have Taken Over the Asylum
      Goods and Services Tax, and Gold (Part XV) Below is a scene from anti-GST protests by traders in the Indian city of Surat. On 1st  July 2017, India changed the way it imposes indirect taxes. As a result, there has been massive chaos around the country. Many businesses are closed for they don’t know what taxes apply to them, or how to do the paperwork. Factories are shut, and businesses are protesting.   A massive anti-GST protest in Surat  [PT]   Increases...
  • Adventures in Quantitative Tightening
      Flowing Toward the Great Depression All remaining doubts concerning the place the U.S. economy and its tangled web of international credits and debts is headed were clarified this week. On Monday, Mark Yusko, CIO of Morgan Creek Capital Management, told CNBC that:   “…we’re flowing toward the path of 1928-29 when Hoover was president. Now Trump is president. Both were presidents with no experience who come in with a Congress that is all Republican, lots of big promises,...
  • The Student Loan Bubble and Economic Collapse
      The Looming Last Gasp of Indoctrination? The inevitable collapse of the student loan “market” and with it the take-down of many higher educational institutions will be one of the happiest and much needed events to look forward to in the coming months/years.  Whether the student loan bubble bursts on its own or implodes due to a general economic collapse, does not matter as long as higher education is dealt a death blow and can no longer be a conduit of socialist and egalitarian...
  • How Dumb Is the Fed?
      Bent and Distorted POITOU, FRANCE – This morning, we are wondering: How dumb is the Fed? The question was prompted by this comment by former Fed insider Chris Whalen at The Institutional Risk Analyst blog.   They're not the best map readers, that much is known for certain. [PT]   [O]ur message to the folks in Jackson Hole this week [at the annual central banker meeting there] is that the end of the Fed’s reckless experiment in social engineering via QE and...
  • Tales from the FOMC Underground
      A Great Big Dud Many of today’s economic troubles are due to a fantastic guess.  That the wealth effect of inflated asset prices would stimulate demand in the economy. The premise, as we understand it, was that as stock portfolios bubbled up investors would feel better about their lot in life.  Some of them would feel so doggone good they’d go out and buy 72-inch flat screen televisions and brand-new electric cars with computerized dashboards on credit.   The Wilshire...
  • Which Is Worse? America or France?
      French Fraud POITOU, FRANCE – “Which is worse? America or France?” The question must be put in context. We were invited to dinner with local farmers last night. Jean-Yves and Arlette live in a modest house in the nearby town – an efficient and cozy place built about 25 years ago. They’ve added a solarium to the back, where we had dinner.   FAF – French-American Friendship. These days it's a “which is worse” competition... [PT]   Arlette operates a...
  • The Myth of India's Information Technology Industry
      A Shift in Perception – Indians in Silicon Valley When I was studying in the UK in early 90s, I was often asked about cows, elephants and snake-charmers on the roads in India.  A shift in public perception— not in the associated reality — was however starting to happen. India would soon become known for its vibrant IT industry.   Friends and family are helping students taking university exams with cheating. 2.5 million candidates, many of them with PhDs or post-graduates,...
  • No “Trump Bump” for the Economy
      Crackpot Schemes POITOU, FRANCE – “Nothing really changes.” Sitting next to us at breakfast, a companion was reading an article written by the No. 2 man in France, Édouard Philippe, in Le Monde. The headline promised to tell us how the country was going to “deblock” itself.  But upon inspection, the proposals were the same old claptrap about favoring “green” energy... changing the tax code to reward one group and punish another...  and spending more money on various...
  • Putting the Latest Silver Crash Under a Lens
      An Unenthusiastic Market On Thursday, July 6, in the late afternoon (as reckoned in Arizona), the price of silver crashed. The move was very brief, but very intense. The price hit a low under $14.40 before recovering to around $15.80 which is about 20 cents lower than where it started.   1 kilogram cast silver bars from an Austrian refinery. These are available in 250 g, 500 g and 1 kg sizes and look really neat. We use the 250 g ones as paperweights, so this is an...
  • Gold and Silver Capitulation – Precious Metals Supply & Demand Report
      Last Week in Precious Metals: Peak Hype, Stocks vs. Flows and Capitulation The big news this week was the flash crash in silver late on 6 July.  We will shortly publish a separate forensic analysis of this, as there is a lot to see and say.   Silver - 1,000 troy ounce good delivery bars, approved by the COMEX. Whatever you do, do not let one of these things land your feet. For readers used to the metric system: these bars weigh approximately between 28 to 33 kilograms...
  • The Dangerous Season Begins Now
      Old Truism Readers are surely aware of the saying “sell in May and go away”. It is one of the best-known and oldest stock market truisms. And the saying is justified. In my article “Sell in May and Go Away – in 9 out of 11 Countries it Makes Sense to Do So” in the May 01 2017 issue of Seasonal Insights I examined the so-called Halloween effect in great detail. The result: in just two out of eleven international stock markets does it make sense to invest during the summer...
  • Stockholm Syndrome – Precious Metals Supply and Demand
      Hostages of Irredeemable Scrip Stockholm Syndrome is defined as “…a condition that causes hostages to develop a psychological alliance with their captors as a survival strategy during captivity.” While observers would expect kidnapping victims to fear and loathe the gang who imprison and threaten them, the reality is that some don’t.   Images from the Kreditbanken robbery at Norrmalmstorg in central Stockholm in 1973. The two bank robbers took four hostages, who...

Support Acting Man

j9TJzzN

Austrian Theory and Investment

Own physical gold and silver outside a bank

Archive

350x200

THE GOLD CARTEL: Government Intervention on Gold, the Mega Bubble in Paper and What This Means for Your Future

Realtime Charts

 

Gold in USD:

[Most Recent Quotes from www.kitco.com]

 


 

Gold in EUR:

[Most Recent Quotes from www.kitco.com]

 


 

Silver in USD:

[Most Recent Quotes from www.kitco.com]

 


 

Platinum in USD:

[Most Recent Quotes from www.kitco.com]

 


 

USD - Index:

[Most Recent USD from www.kitco.com]

 

 
Buy Silver Now!
 
Buy Gold Now!
 

Oilprice.com

savant