Sen. Bernie Sanders and a lot of other socialists didn't do their homework when they were praising European socialism.

"We should look to countries like Denmark, like Sweden and Norway, and learn from what they have accomplished for their working people," Sanders said in 2015 during the first Democratic presidential primary debate.

The problem is that socialist policies in places like Sweden failed. Government expenses grew larger than the private economy, and it all exploded in 1992, when Sweden's central bank was forced to raise interest rates to 500% to defend the currency.

Even the party that brought socialism to Sweden soured on the experiment. Former Swedish Social Democratic Finance Minister Kjell‐Olof Feldt was forced to concede, saying, "That whole thing with democratic soci

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