Norway stands out as an apparent success story on managing the COVID pandemic. Assisted by its small population and inaccessible communities, the strategy of digging a hole and hiding in it until a vaccine is available appears to have been vindicated by the low rate of infections and mortality, notwithstanding it having also pursued a […]
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Are the lockdowns really an attempt to spare over-whelming health services, or an excuse to bail out all those bad loans sitting on bank balance sheets since 2008? Either way, as IFR data emerges and debt liabilities spiral out of control, the justification and ability to sustain these policies are crumbling. Without central bank support […]
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