Mikael Jungner

This Google investment of 13 billion euros is a great example of what can save Finland's economy. The recently announced investment is just the beginning. The Confederation of Finnish Industries maintains a list of investment wishes for Finland, amounting to 300 billion euros. Once those are set in motion, then it will end. (translated)

I mentioned that when excessive salary increases were made in public healthcare, thousands would lose their jobs because of it. Horrible commotion. Well, now those jobs are disappearing. It was a reckless salary decision. (translated)

Democracy is a strength if citizens understand issues, value culture, and care for each other. Democracy is a burden if citizens are uncivilized selfish fools who take advantage wherever they can. An increasing number of voters are like that. (translated)

Traveling with a combustion engine car is now 10 times more expensive than with an electric car. According to the average price of the last week, driving 100 km with an electric car costs 1.4 euros. The same 100 km with a gasoline engine costs 14.7 euros. Yes, electric car drivers are being pampered now 😊 (translated)

The future requires electricity. A lot of electricity. In the future, only those who have electricity will draw. I will outline the steps that Finland needs to take now. The use and production of electricity must be doubled in Finland. The power grids must be prepared to withstand double. (translated)

Uber pays 1/2 of what a taxi costs. Cybercap pays 1/2 of what Uber costs. I would say that robot taxis will revolutionize public transportation. Except in Finland where they swear by cycling and taxi meters. But abroad 😎 (translated)

If Finland invests in electricity production and power grids so that the family's electricity bill increases by 200 euros a year, but the investments generate so much tax revenue that taxes can be reduced by 1000 euros a year, is it worth it? Well, of course it is. Now (translated)

Now it has been measured. The current government coalition is supported by a miserable two percent of Finns. You read that right. Two. I've been trying to communicate that for a while. No one misses this government when its time is up. And it's best to forget the nonsense about someone (translated)

The Hesari reports how Fingrid estimates that electricity production could double by 2035. Sigh. That doubling of electricity production is a goal of Finland's roadmap from 2019, but since it was approved in 2020 during Sanna Marin's government, it has been forgotten because (translated)

I came across Minister Purra's message on social media to the opposition that criticized her. There was emotion involved, understandably. I found myself pondering Purra's career as a minister. Now is a good time for me to admit that Purra has surprisingly succeeded as Minister of Finance. Better than many. (translated)

In Korea, stock prices rose sharply and people started to get involved in making money. Also with debt. Until the prices collapsed by a third. Now, margin accounts are being forcibly sold as the value of the stocks is no longer sufficient to secure the loans. Owners of 360,000 accounts are (translated)

Before, housing prices rose every year. Good apartments were bid on for even more than the asking price. There could be dozens of people at the rental apartment showings, it was difficult to find apartments, and rents rose in line with housing prices. Now, housing prices have fallen. (translated)

Significant turn in the AI competition. US tech giants produced increasingly better AI models at top chips, which are pushed forward with investments of hundreds of billions of euros. This sent the stock market into chaos and the rise was tremendous. Until China (from which the USA denied... (translated)

The Finnish state is living beyond its means. If the trend does not change, the elderly will be left without care and the poor will have to manage without help. Therefore, a lot of growth is needed. Growth is largely generated by company investments. About 90% of planned investments require more electricity. (translated)

When there is some doubt about the reality of China's green transition, one figure is striking and at the same time strong evidence that China is trying to rid itself of fossil fuels. Currently, 39 new nuclear power plants are under construction in China. The climate will benefit when they are completed. (translated)

When almost all politicians now seem to think that Fortum should not have sold its electricity network in the past, the sensible goal of wanting to separate electricity production and distribution into different companies is forgotten. Secondly, it is now particularly important for almost all decision-makers. (translated)

How is it possible that housing prices can collapse without a recession? Because investments are now in stocks. In Finland alone, there are already over a million stock savers. In a modern economy, housing is no longer an investment but a consumer good. In that case, a decline in housing prices is a good thing. (translated)

The most significant consequence of the Rydman case? The National Coalition Party and the Finns Party will no longer be seen in the same government. It is likely a relief for many 😊 (translated)