Danish Blues: Low Inflation, Low Interest Rates and a Housing Bubble (Just Like the USA)

In the recent CNN debate, Democrat Presidential candidate Bernie Sanders said that he wished the USA was more like Scandinavian countries like Denmark.


I have news for Bernie — the USA is already like Denmark in terms of low inflation, near zero Central Bank rates and a housing bubble.

Like the USA, Denmark has a housing bubble … again just like Denmark.


Both the USA and Denmark has Central Banks rates that are ZIRPIE (near zero), helping to create asset bubbles.


And inflation YoY looks quite similar too, near or at zero inflation.


So, Denmark is more similar to the USA than Bernie Sanders thinks. And we both have the Danish Blues. And the more the USA becomes like Denmark, the bluer we will feel.


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