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aktuel • today at 11:36 AM • 6 replies • view on HN

It is amazing what you can do with oil money.


Replies

daniel_iversen • today at 1:04 PM

Maybe more what amazing things you you can achieve for your people when the citizens are the shareholders of the economic benefits of your country’s natural resources?

js8 • today at 12:21 PM

When you get a dollar bill, you can actually tell whether it's from oil or not? I can't..

What's really amazing are the lengths by which people justify they cannot have a nice society. It's easy to see, mathematically, the willingness to share has no relation to absolute GDP or where it comes from.

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paaloeye • today at 12:24 PM

btw, Norway is the only country in the world which didn't get Dutch disease.

It's super impressive, isn't it!

Ref: https://en.wikipedia.org/wiki/Dutch_disease

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tonyedgecombe • today at 12:02 PM

Generally building public works becomes quite difficult when you have one dominant sector pushing up wages (oil and gas in this case). See https://en.wikipedia.org/wiki/Baumol_effect

nbajka • today at 12:06 PM

Your message is snarky, but yes, it's amazing what you can do with oil money AND high IQ; compare Norway to many other countries which also have oil money but do not have high IQ.

Norway would still be an amazing country if it had no oil at all.

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Caloric3002Swed • today at 12:31 PM

This is cope from another country. Where are you from? I am Swedish.

Now, first, Norway was a poor country until oil, yes.

However, plenty of countries have oil. Why are they so crap to live in? Russia, Venezuela, USA even Canada, UAE? Why are they so crap? Be from those countries and visit Norway and cry.

Visit Scandinavia and cry, Americans are floored by Stockholm and Copenhagen. "wow there aren't overweight people everywhere, beautiful architecture, "walkable" (this is normal lol)"" - this is years and years before ozempic (I concider ozempic cheating) Sadly now I feel like it is 25% indians, 25% arabs and only 50% Swedes left in my country...

So, where are you from?

If its "oil money" - why aren't Russia, Venezuela, USA even Canada, UAE as good of a country to live in?

Thanks!

*Answer me instead of downvoting. Thank you.

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