<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/183b9e1a-b0b4-4ae1-aa69-e239921388be/7043E615-6543-4DB5-8343-249E7971156B/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#" href="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><NYT_HEADLINE type=" " version="1.0"> Thriving Norway Provides an Economics Lesson </NYT_HEADLINE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.nytimes.com/img/BD118B17-3EA1-4520-A7D5-2C8AFA58AA82" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P class="caption"> The promenade for the new opera house in Oslo, which is transforming a seaside area into a business and residential community. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P>OSLO — When capitalism seemed on the verge of collapse last fall, Kristin Halvorsen, Norway’s Socialist finance minister and a longtime free market skeptic, did more than crow.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><DIV id="inlineMultimedia"> <H4>Multimedia</H4> <DIV class="story first"> <A href="javascript:pop_me_up2('http://www.nytimes.com/imagepages/2009/05/14/business/14frugal.graf01.ready.html', '520_507', 'width=520,height=507,location=no,scrollbars=yes,toolbars=no,resizable=yes')"> <IMG height="126" border="0" width="190" alt="Sea of Plenty" src="http://graphics8.nytimes.com/images/2009/05/14/business/14frugal-graf01-190.jpg" /><SPAN class="mediaType graphic">Graphic</SPAN> </A> <H2> <A href="javascript:pop_me_up2('http://www.nytimes.com/imagepages/2009/05/14/business/14frugal.graf01.ready.html', '520_507', 'width=520,height=507,location=no,scrollbars=yes,toolbars=no,resizable=yes')">Sea of Plenty</A> </H2> <DIV class="clear"></DIV> </DIV> </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P> As investors the world over sold in a panic, she bucked the tide, authorizing Norway’s $300 billion <A title="More articles about sovereign wealth funds." href="http://topics.nytimes.com/top/reference/timestopics/subjects/s/sovereign_wealth_funds/index.html?inline=nyt-classifier">sovereign wealth fund</A> to ramp up its stock buying program by $60 billion — or about 23 percent of Norway ’s economic output.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.nytimes.com/img/FBBA7E71-B972-4C54-935A-C9B9425BB0C6" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P class="caption"> Friends meeting in an Oslo nightspot. Norway’s economy grew 3 percent last year as many nations plunged into a recession. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P>“The timing was not that bad,” Ms. Halvorsen said, smiling with satisfaction over the broad worldwide market rally that began in early March.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#"><P>The global financial crisis has brought low the economies of just about every country on earth. But not Norway. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#">With a quirky</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2009/05/14/business/global/14frugal.html?em#">contrariness</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7043E615-6543-4DB5-8343-249E7971156B/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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