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Thursday, April 14, 2011
Commentary: Norway's savvy investing pays off
Is anywhere safe?Wall Street will tell you that government bonds issued by advanced Western countries are the safest investments money can buy.
But recent events have made a mockery of that idea. If it weren't for international rescue packages, Greece, Ireland and Portugal surely would have defaulted on their bonds.
Don't think the trouble's going to end there. Spain's finances are in trouble. Italy's net debts are 100% of its gross domestic product. Read the full story here... posted by Charles Monat Associates at 9:59 AM
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