Jerome Powell on Stagflation
“I don’t see the ‘stag’ or the ‘-flation’,” Fed Chairman Jerome Powell said during his Wednesday address. Powell believed inflation would be “transitory.” He believed that the economy would come [...]
Norway – The Largest Sovereign Wealth Fund in the World
QUESTION: Martin,
There are several news stories this past week reporting that Norway’s pension fund has reached $1 trillion dollars, or $190,000 per citizen. Are there some countries like Norway that will survive the coming pension crisis?
Thank You,
Alex
ANSWER: Not many. They are far and few between because Europe, Asia, and North America (USA/Canada) as a whole have only made promises rather than funding. Norway is the largest Sovereign Wealth Fund in the world. Norway has gotten where it is because they do NOT follow the brain-dead crowd of government debt is safe. Norway’s sovereign wealth fund has been one of the earliest to shift investment from public sector bonds to equities. They have risen to the largest fund in the world for recognizing the shift from public to private sector investments. Norway is the exception to the pension crisis.
Latest Posts
AstraZeneca Admits Vaccine Had Lethal Side Effect
Vaccine manufacturers and health agencies have been silently admitting that their “safe and effective” COVID-19 mRNA vaccines have deadly side effects. AstraZeneca (AZN) is the latest manufacturer to admit that [...]
Neocons & their Hatred of all Russians – Destruction of Nord Stream
https://www.armstrongeconomics.com/wp-content/uploads/2024/04/Neocon-Nord-Stream.mp4 Former CIA analyst Larry Johnson explains that there is a mountain of evidence confirming that the American Neocons were behind the destruction of Nord Stream sabotage of September 26th, [...]
PRIVATE BLOG – Interest Rates & Fed Policy
PRIVATE BLOG – Interest Rates & Fed Policy Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com. https://ask-socrates.com/
