Relative to the population, Norway sits on a much larger quantity of natural resources. A $60bn oil fund shared among 5m residents goes a longer way than, say, oil and gas reserves worth $600bn which had to be shared among 300m residents.

Norway also benefits from geography in the sense that they can generate almost all of their energy with clean and super-cheap hydro power. Power is so ridiculously cheap in Norway that most people just keep all the lights in their house turned on at night because why the fuck not. The cheap energy in turn makes electric cars much more attractive and competitive.

Who owns Norway's natural resources?

The state. I'm not disputing your argument that the U.S. would be better off if its natural resources were state-owned and the profit shared among all the population instead of just a few tycoons.
What I am disputing is the implicit argument of yours that the U.S. could afford the same luxuries as Norway if only such a state-fund existed.

Trump in 2015:



for those who dont remember the incident, here it is summed up in 1 pic:

Another one of you useless replies. You fail to comprehend or you just don't know about Norway. Like I said this country is sitting on a huge bag of cash. While US also has resources the country sadly is sitting on the world's biggest national debt.

You might want to learn about Norway and how this country handles things before you post more uneducated replies.

Norway’s $1tn oil fund, the world’s largest sovereign wealth fund:

"The Government Pension Fund Global is a fund into which the surplus wealth produced by Norwegian petroleum income is deposited and invested. The money comes from taxes on operating companies, exploration license fees, dividends from the partly state-owned Statoil, and profits from the state's ‘Direct Financial Interest' in some fields.

The fund was established in 1990 to counter the effects of the expected decline in income and to smooth out the disruptive effects of fluctuating oil prices. Money coming into the fund is expected to significantly fall over the coming years, so the focus on how the money is being invested has never been greater.

Given the sheer size of the fund it's value fluctuates significantly on a daily basis, but at the time of writing it stood at just over 8,000 billion Norwegian kroner. The current value is displayed on this website."

https://www.nbim.no/en/the-fund/market-value/

WRONG

When Internet allows you to sum up things in 1 pics ...

"
Yeah, don't worry the MIC will the 100% for me or my billionaires friends, and eventually some sellout dogs.
Let's continue like this and you can be sure that people like you will never have a chance to get the mic again !
"

This post was edited by Saucisson6000 on Feb 17 2020 10:59am

there's a difference between 'not being able to' and 'choosing not to'. being able to pick your fights is something that every politician should be able to do to at least some degree. those who are too dumb or insecure to do that end up being complete tools, wasting hours on twitter, bent out of shape and hurling petty insults at literally everyone who criticises them...

but hey, i'm well aware that you people mistake THAT for 'strong' leadership, some kind of authoritarian nutjob hogging the spotlight / mic to tell you what to do and who to hate. speaking of which, i've noticed that women of colour seem to trigger you particularly bad. why is that?

4.5 years later nothing changed for Barnie







and of course the two resent forum wannabe troll descendants of surrendering national-socialist sissies are totally fine with young people harassing and interrupting a senior citizen

1 or 2 minor incidents because it's young people should not be tolerated ? The Bernie Sanders guy knows 100 times better what's in their head than you.


Or maybe are you so wet to wait a Trump-like Xclusive$$$ government bumps you till knock out like uncle Pablo did in the basement?



This post was edited by Saucisson6000 on Feb 17 2020 12:05pm