Norway, world's biggest sovereign fund?
Dec 8th 2013, 12:47 pm
#16
Lost in BE Cyberspace
Joined: Nov 2012
Location: bute
Posts: 9,740
Re: Norway, world's biggest sovereign fund?
Confess, Janxiebabe, you did not even know that there had been a Union !
Dec 8th 2013, 1:02 pm
#17
Lost in BE Cyberspace
Joined: Apr 2011
Location: Windscale....
Posts: 5,712
Dec 9th 2013, 2:48 pm
#18
Forum Regular
Joined: Aug 2012
Posts: 213
Re: Norway, world's biggest sovereign fund?
Huge sovereign fund, but only 6 hours of sunlight. Proof that you can't have it all
If you ever complain about hot weather in the summer, try this.
http://svalbard.nordicvisitor.com/tr...-and-daylight/
No sun at all between October 28th to February 14th. At least the taxes are a little lower on that island compared to the rest of Norway.
Last edited by Myusernamewastaken; Dec 9th 2013 at 2:51 pm.
Dec 11th 2013, 7:54 am
#19
Hit 16's
Joined: Mar 2010
Location: Of all the gin joints, in all the towns, in all the world, she walks into mine
Posts: 13,112
Re: Norway, world's biggest sovereign fund?
I guess that the sovereign fund makes Norway more stable, but other than that I can't see in what way the Norwegians benefit from it. It's said that they have good freeish healthcare, kindergarten, schools, social benefits etc but they pay huge taxes for that. The way that you can benefit from the oil in Norway is to work in the industry. Ironically, Norway has one of the highest taxation in the world on car fuel.
Dec 11th 2013, 11:28 pm
#20
Forum Regular
Joined: Aug 2012
Posts: 213
Re: Norway, world's biggest sovereign fund?
I don't see that as ironic. Most countries in the ME spout about social responsibility, greeness, solar and like things which they pay absolute lip service to as epitomised by cheap fuel and no disincentives whatseover to excessive fossil fuel consumption in all respects. Merely because Norway's sitting on top of reserves shouldn't--and evidently doesn't--give it licence to forget about the consequences of using the stuff in excess.
I don't think that the Norwegian taxation on car fuel is extremely linked to concerns about the environment. Norway has a relatively small population and the Norwegians are very good at finding ways to collect taxes.
Dec 15th 2013, 6:13 am
#21
Account Closed
Joined: Feb 2011
Posts: 0
Re: Norway, world's biggest sovereign fund?
Are you referring to the police reports that all assualt rapes (solved) were committed by immigrants between 2007 and 2009? And that over half of unsolved cases were reported to have been by perpetrators of non-European origin?
http://www.nrk.no/norge/rekordmange-...kter-1.6944861
N.
http://www.nrk.no/norge/rekordmange-...kter-1.6944861
N.
Dec 15th 2013, 7:59 am
#22
Account Closed
Joined: Feb 2011
Posts: 0
Re: Norway, world's biggest sovereign fund?
I had no idea that a stat like that existed. Mental.
Heard a funny story the other day, South African guy apparently couldn't understand why someone I know pointed out that the "thieving black bastard" need only be called a "thieving bastard" and that he didn't steal because he was black, but because he was a thief.
Apparently very funny to try and get that message across
Heard a funny story the other day, South African guy apparently couldn't understand why someone I know pointed out that the "thieving black bastard" need only be called a "thieving bastard" and that he didn't steal because he was black, but because he was a thief.
Apparently very funny to try and get that message across
Dec 15th 2013, 8:56 am
#23
Nothing doin' here
Joined: Sep 2008
Posts: 3,508
Re: Norway, world's biggest sovereign fund?
Anyone read Freakonomics?
Dec 15th 2013, 11:53 am
#24
Bored liberal
Joined: Feb 2007
Location: Over there ----->
Posts: 13,713
