A croire qu'après 2000, toutes les banques se sont senties en totale impunité et assurées qu'on viendrait les sauver pour leurs bilans merdiques...
|Housing Bubble in Norway|
|Mish's Global Economic Trend Analysis, Mike Shedlock, 31/12/2010 (traduire en Français )|
Espen Johansen : I have tried sending letters to the finance ministry, and the central bank, but no one seem to wake up. About 90 % of all households have Floating rate mortgages.
I do not blame the banks, they know they will be bailed out, and compete doling out as much money as they can to make a profit for share/bondholders with the given terms of a bailout waiting.
A picture says more than a 1000 words, and enclosed are some graphs I believe tell it all.