Apr
30
Norway’s Super-Conservative, Balls-To-The-Wall Asset Allocation Strategy Yields ‘Impressive’ $21 Billion Loss In 3 Months
ByIt’s great when posts just write themselves, and I can tell you, right now, in the first sentence, that this is going to be one of those posts.
Back in January, I wrote something here called “Norway: Future Shithole Country“. In case it wasn’t obvious (and it should have been because, you know, I explicitly stated it in the article), the allusion to “shithole” was a humorous jab at Donald Trump, not an expression of some deeply held prejudice I harbor against Norway, a place which is exceedingly unlikely to ever fit anyone’s description of a “shithole”…
