Insight: Norway's $833 billion oil fund eyes riskier bets

Comments (9)
tmc wrote:

Wow, this social experiment is sure worth watching!

Jan 21, 2014 8:25am EST  --  Report as abuse
Zeken wrote:

Gates is right on schedule here, asking Norway to waste its money on Africa, with Buffett no doubt right behind him.

Jan 21, 2014 9:45am EST  --  Report as abuse
Harry079 wrote:

Well at least there is ONE Country that has its citizens best interests at heart.

Jan 21, 2014 10:43am EST  --  Report as abuse
Capataz wrote:

Aye they do it right, and they are extrem social, but wealthy with one of the highest per head income in the world (well spread not with 1% of there population pulling that up) with most people only working 3-4d a week since they prefer freetime. Beer etc. costs around 18$ and up a bottle, but thats a luxury good for them so. They have one of the highest human development indexes, too. There people come first then country then business. One of the lowest crime rates in the world and cops dont carry guns since they dont need them. Doors are not locked since my neighbour has roughly the same as i do so why lock it they quite well show how its done. But most dont want to learn….

Jan 21, 2014 11:03am EST  --  Report as abuse
flashrooster wrote:

Interesting. If a country like Norway has a government they refer to as “conservative,” what does that make our Republicans? In Norway everyone has access to healthcare, paid for through taxes. And as this article points out, they have a national “pension” fund that everyone participates in and it is strictly regulated, including a refusal to invest in companies that don’t meet their high ethical standards, such as Walmart, standards that consider a company’s impact on the environment, their human rights record, and whether they allow union workers or not. Government is highly involved, but the people are highly involved in their government. And they’re happy, prosperous, and have very little crime. There’s a lot we could learn from Norway. Their “conservatives” are more liberal than our liberals. I can just imagine what their well-educated people think of America and our Tea Party. It’s depressing that our country has to be so adversely burdened with so many boneheaded über conservatives.

Jan 21, 2014 11:06am EST  --  Report as abuse
AlkalineState wrote:

Invade Norway.

Jan 21, 2014 11:14am EST  --  Report as abuse
React wrote:

Ha, look at Harry079 praising a country with several socialist programs (socialized healthcare no less!). He’s getting primaried come November.

Jan 21, 2014 11:22am EST  --  Report as abuse
Chris122 wrote:

Capataz, pretty much none of that is true. Beer is $4 a bottle and not a luxury good at all, cops do have guns on hand and the doors are locked. People do work 5 days a week also.

Jan 21, 2014 1:45pm EST  --  Report as abuse
Capataz wrote:

Chris ok beer is still not full under the alcohol tax law, but rest is by far higher or did they always rip me off in the gov. run alcohol stores? (Vinmonopolet) and just checked it so a normal Absolut bottle is currently at Kr. 424,90 which is around 50.83 EUR or 68.89 USD. So that price is normal to you? Most Western European countrys charge less i get it there for around 9€. And in US depends on State but it won’t be 70$.
And yes of course some corps carry guns but not all. I assume you have been there or are a norway citizen? If not here a norway newspaper:
Honestly i bet there area’s people lock there houses like there will be area’s in canada but good amounts don’t they not that much different then finn’s and i spend a good amount of time there.

And yes of course there are people that work 5 days a week its just dropping to less. You have to see in that reguard extrem rising salarys 58k $ avarage per household. It realy depends where you from as us citizen that sounds strange for most west europeans not. It would sound strange to them, telling them have co pay and can lose healthcare covarage or not start with 24-30d full payed vecation, sick pay for at least 6 month and 1-2 year maternity leave.
Saying everything is nice and shiney is wrong, but what you can for sure say they use a good amount of the taxes for the people to make it balanced and domestic its by far more secure then in most country’s they let there children with 5-6 years walk alone to school you too?. Alot of the social country’s do so you don’t feel that often forgotten if something goes wrong which can happen anytime. Can you simply copy it, for sure not but adapt and maybe just learn and appriate that a good amount of people like it that way, since the world is by now more a global world not narrowed by just nation’s. I mean what stops anyone to check if it fits you better? Most Europeans can move around in 29 countrys as they want and work as well to get a us visa just requires a degree which in a lot of these countrys cost not much since highly gov. sponsort by tax money. But even for us citizen’s it isn’t so hard either with proper university degree. Not saying everyone has to like it, but maybe better then talking it in all directions down or up rather learn adapt and try.

Jan 21, 2014 3:42pm EST  --  Report as abuse
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