Of Herring and Sausage: Nordic Responses to Banking Crises as Examples for the United States.

The article discusses the similarities between the U.S. and Nordic governments in addressing or responding to financial crises. It examines the causes of the banking crisis experienced by the Nordic countries in the late 1980s and early 1990s and how it relates to the financial crisis experienced in the U.S. from 2008-2009. It concentrates on the responses of both U.S. and Nordic governments and defines the meaning of crisis.