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woensdag 21 oktober 2026

AlgemeenNRC

Can a country get too rich?

Norway’s tribute to Edvard Munch, Scandinavia’s most famous painter, is an impressive 13-storey slab of recycled aluminium and glass built on the harbour front in Oslo. Completed in 2021 at a cost of $350m, it was even more impressively late (by a decade) and over budget (by a scream-worthy $200m). Looming above thick mist blanketing the sea on a winter’s afternoon, the museum encapsulates the country that paid for it: sophisticated and so loaded that money is no object.

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AlgemeenNRC

Will bonds blow up?

Bankers used to say that countries, unlike companies, can’t go bust. They repeated that comforting slogan until a wave of Latin American countries defaulted in the 1980s. Might a similar shock soon puncture the rich world’s hubris?

AlgemeenNRC

How Europe should deal with the new China shock

The European Union has long had two China problems. The first concerns competition, at home and abroad, from increasingly capable Chinese exporters of cars, machinery and other things that Europe was once better at making.