I've heard this a few times before. Admittedly I'm not that familiar with Denmark. Lets check out the livability.
GDP is okish; has signs of foreign influence or some sort of financial crisis.
2.5% unemployment is fantastic. 75% participation and steadily climbing, elderly going back to work?
https://www.populationpyramid.net/denmark/2020/
Wow, only 5 million people? Toronto has more people. Though yes elderly going back to work.
Central bank is very healthy.
Interest rates went negative a little bit. Seemingly 0% typically? Hence the elderly going back to work.
Their government didnt print a bunch of money?
~250% private debt to gdp is high, housing crisis?
excellent balance of trade.
!!! government debt to gdp is below 30% holy smokes!
Big boost to military spending
Household debts to gdp below 100%, but not by much. That's ok.
60% housing ownership isnt great. Housing bubble crashing most likely with high private debt to gdp, high rates. Likely priced their own people out of the market; forcing the bubble to crash.
55% personal income tax rate? Yikes! 25% sales tax, 22% corporate tax. Those are some insane taxes.
GDP is okish; has signs of foreign influence or some sort of financial crisis.
2.5% unemployment is fantastic. 75% participation and steadily climbing, elderly going back to work?
https://www.populationpyramid.net/denmark/2020/
Wow, only 5 million people? Toronto has more people. Though yes elderly going back to work.
Central bank is very healthy.
Interest rates went negative a little bit. Seemingly 0% typically? Hence the elderly going back to work.
Their government didnt print a bunch of money?
~250% private debt to gdp is high, housing crisis?
excellent balance of trade.
!!! government debt to gdp is below 30% holy smokes!
Big boost to military spending
Household debts to gdp below 100%, but not by much. That's ok.
60% housing ownership isnt great. Housing bubble crashing most likely with high private debt to gdp, high rates. Likely priced their own people out of the market; forcing the bubble to crash.
55% personal income tax rate? Yikes! 25% sales tax, 22% corporate tax. Those are some insane taxes.