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by tanto 1498 days ago
Yea right, so is the German oil for Germany. /s

You seem to be quite the expert on Norway. Can you elaborate how they prop up social services with oil money?

3 comments

Why do you feel offended?

OP had the thesis that the "Norway sovereign fund" is funded by high taxes. This fund is also known as the "Oil fund": The Government Pension Fund Global, also known as the Oil Fund, was established in 1990 to invest the surplus revenues of the Norwegian petroleum sector.

Conclusion: The Norwegian society is not just rich just because you are that smart. You obviously had a good portion of luck.

I believe the parent comment is referring to this:

https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Nor...

Lol, don't speak about high taxes if you don't even know how Norway and oil go together...
lol not like the us could do the same.