Monthly Archives: February 2009

The next phase of the collapse II

By: Hans Jørgen Lysglimt People in general are still far from taking in the severity of this collapse. People and companies, entire economies are right now getting by through capital depletion, this will soon end. There is still inertia for change; people fundamentally will not accept change. You know this from your own experience, and […]

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Mainstream Finance Editor on Japan

By J.K. Baltzersen We hear from the mainstream all too often how bad price deflation is. We also hear that it’s been a big problem for Japan. In light of this, an article today in Dagens Næringsliv, one of Norway’s major business dailies, is interesting. The article is by the newspaper’s finance editor, Terje Erikstad. […]

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The next phase of the collapse

We are now entering into the next phase of the collapse. What I see coming is terrifying. Europe is next to be hit real hard. The trouble is far from over. I dread the market reactions and I especially dread the government actions that will come to counter the markets. Most people have no idea […]

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Jim Rogers Owns NOK

By J.K. Baltzersen Legendary investor James B. Rogers has lately said that he has gotten out of the Pound Sterling. He advises others to do the same. In doing so, he refers to the North Sea “drying up.” Wanting to know what Jim Rogers thinks about the Norwegian economy and its currency – the Norgegian […]

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Protect yourself against inflation

Yes, dear reader that is your #1 priority in the coming years. Protect yourself against inflation. Right now we have deflation, in asset prices and in consumer goods. But this will end soon enough. Governments are ramping up the printing presses; their default solution is to print money – print money to solve their problems. […]

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Prices Prices Prices

Prices prices prices. I went out on to the sales this weekend to buy a winter coat. Saw one I liked and looked at the price tag, it came at NOK 14990, that is USD 2100!, about ten times more than I expected. My heart missed a beat, my blood pressure went up, my brained […]

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