How Norway Contributes To Global Imbalances
Today is May 17th, Norway's national day, celebrating its independence from Sweden in 1905. I have today posted a article on Der Invest Informer about how Norway, being the world's third largest oil exporter with its de facto forced savings policy of recycling all oil revenues in foreign securities contrbute to global imbalances.
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Today is May 17th, Norway's national day, celebrating its independence from Sweden in 1905.
Norway celebrates the constitution from 1814, not our independence from Sweden in 1905.
Quote from Wikipedia:
The Constitution of Norway was signed at Eidsvoll on May 17 in the year 1814. The constitution declared Norway to be an independent nation.
In addition, the national day is also a celebration of the royal family and Norway's independence.
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