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I've liked the Norwegian kroner versus the euro or US dollar for some time.  They've still got some North Sea oil and the ships to transport it to market.  Against this is the rising price of foods - esp. grains.

Swedish krona ... not so much.  One way or the other the Swedes are going to have to spend to build domestic power production to offset the decline in fuel oil production.  Unfortunately that means borrowing in the international capital markets during a time when the US is sucking everything up.  I agree land prices in Sweden are getting interesting.  If I had the money I'd be seriously looking to invest in agriculturally productive lands in Skåne, somewhere near the Copenhagen/Malmo bridge.  

Investing in farmland in Norway is even more interesting.  The downside is the darn government forces you to actually farm it!  (Obnoxious, huh?  ;-)

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Tue Jan 13th, 2009 at 01:53:49 PM EST
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