Norway is not Socialistic in the true sense and as long as the oil holds out it will have a viable economy.
The Media in it's desire to denigrate the US holds Countries such as Norway in high esteem to push the success of socialism.
That's what I've always suspected; that the mainstream media likes to create these "Edens" to compare with America.
As for Norway having a lot of Muslims, the number (according to eurotwit) is still small; however, that it is growing is of concern. It is nothing like, for example, Sweden, where the Moslems control a couple of the major cities now--also Norway is somewhat more, uh, vigorous in expelling "undesirable aliens" than we are.