Users Online Now:
1,836
(
Who's On?
)
Visitors Today:
31,362
Pageviews Today:
40,947
Threads Today:
15
Posts Today:
168
12:19 AM
Directory
Adv. Search
Topics
Forum
Back to Forum
Back to Thread
REPLY TO THREAD
Subject
Norway Faces Liquidity Shock in Record Redemption!!!
User Name
Font color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Indigo
Violet
Black
Font:
Default
Verdana
Tahoma
Ms Sans Serif
In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 35096685:MV8yMTUyOTYxXzM2Mzg5MTYxX0ZDMEUzQkM2] If I understand correctly... what is being said is this: Norway, because it is in such good financial condition, can borrow money at very low interest rates. Norway is attempting to pay down some of the little debt it has on the books. The people who "loan money" (also known as the people who buy bonds) will not want to buy anymore of Norway's debt...because Norway will have a smaller amount of debt...and there will be too much competition to buy the little remaining debt...that it will not be worth anything to invest in Norway's bonds...the interest rate will be so low that it is not worth owning it...kind of like how a checking/savings account is here in America....you don't get any interest on it...so, why have it in the bank. This is the same thing for Norway's bonds. What the article is trying to say is that, because nobody will want to buy Norway's bonds...they won't have any cash (liquidity) to do anything. Bottom line...this is BS that is being drummed up by banksters..."your too healthy Norway...we won't let you have money to live...we want Norway to be in debt to us...so we can control you! By not letting us (banksters) control you, Norway, we will 'punish' you with very little cash!" [/quote]
Original Message
zerohedge‏@zerohedge
Norway Faces Liquidity Shock in Record Redemption [
link to www.bloomberg.com
] …
Pictures (click to insert)
General
Politics
Bananas
People
Potentially Offensive
Emotions
Big Round Smilies
Aliens and Space
Friendship & Love
Textual
Doom
Misc Small Smilies
Religion
Love
Random
View All Categories
|
Next Page >>