Saturday, January 19, 2013

Calls for higher interest rates to pop the Nordic housing bubble

The Oslo Housing Market Bubble Syndrome

The Stockholm syndrome is a psychological phenomenon whereby hostages develop irrational sympathy toward their captors even to the point of defending their captors in subsequent investigations and criminal trials. While this applies to individuals or small groups, the Oslo syndrome applies to whole national populations.

Posted by libertas @ 12:03 AM (1262 views)
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