Norway possesses one of the most stable, strongest currencies, due to its budget surplus from energy exports. Which is precisely why they are manipulating their krone to join the growing currency wars in a devaluation race to the bottom.
http://www.zerohedge.com/news/2013-02-17/norway-enters-currency-wars
Showing posts with label Norway. Show all posts
Showing posts with label Norway. Show all posts
Monday, February 18, 2013
Saturday, October 29, 2011
Norway’s Sovereign Wealth Fund Sold All U.S. Mortgage Bonds
There goes the Fed's plan to keep mortgage interest rates low. As the Street floods the market with US Treasury and mortgage-backed paper, it will become increasingly difficult for the Fed to pin interest rates low. Of course, they can extend the charade longer with more bouts of bond purchases, a.k.a., QE 3.0.
http://www.bloomberg.com/news/2011-10-28/norway-s-sovereign-wealth-fund-sold-all-u-s-mortgage-bonds.html
http://www.bloomberg.com/news/2011-10-28/norway-s-sovereign-wealth-fund-sold-all-u-s-mortgage-bonds.html
Friday, May 20, 2011
Norway Stops Aid Payments To Greece
Norway says "no mas" to another Greek bailout.
http://www.zerohedge.com/article/norway-stops-aid-payments-greece
http://www.zerohedge.com/article/norway-stops-aid-payments-greece
Labels:
Greek bailout,
Norway
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