Yesterday, we had the director of the Swedish National Institute of Economic Research (Konjunkturinstitutet), Ingemar Hansson, here talking about the Swedish Economy. His message was pretty clear. With the current fiscal policy, the Central bank will pretty soon increase the interest rate. That will surely be appreciated by all those who have invested in real estate thanks to the low interest rates.
Among other things he said that when all trade flows are aggregatedm the sums don't add up. Hence, we must be exporting stuff to Mars. Maybe, that's where Jimmy Hoffa ended up ![]()