Monday, March 11, 2013

Norway Fund Flees Currencies Tainted by Stimulus Addiction

The Norwegian sovereign wealth fund sees what we see:  over-indebted developed countries will continue to debase their respective currencies as far as the eye can see in a currency war with no winners.

http://www.businessweek.com/news/2013-03-10/norway-oil-fund-flees-currencies-tainted-by-stimulus-addictions

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