Warning – Speed Bump Ahead

. Fundamentally, the economic recovery in Norway still strongly depends on a weak currency, lower wage growth and the growth of important trading partners (e.g. the euro area and the UK). With the cur...

Dollar System Unheeded Warnings Redux

There is great allure in comparing our current economic circumstances to those in 1937, and why wouldn’t there be? The associations are especially striking, starting with the gaping hole left ov...