A comparison between USA and Sweden of the Financial crisis 2008
It was the 15th of September 2008 and the influential investment bank, Lehman Brothers went bankrupt. This was the beginning of the worst financial crisis since the great depression in 1929. This was the beginning of a crisis that led to a drastic increase in unemployment.
In 2006 the unemployment rate was at 4.7 percent according to the Bureau of Labor Statistics (BLS) and in 2009 it was at above 10 percent. In 2011 it was still at