Forgot URL : http://www.zerohedge.com/news/2016-08-29/norway-raiding-sovereign-wealth-fund-cover-government-expenses
Isn’t Alaska wrestling with financial issues due to low oil prices?
Like USA Social Security over the last 30 years....
Curious as to when the last time ANY country ran in the black? Anyone know?
http://www.usdebtclock.org/world-debt-clock.html
How on Earth is the World Economy even functional? And this isn’t even every Nation but according to this, CHINA has the least debt to GDP ratio! Yikes!
You would think taxes were high enough in Norway to cover revenue downfalls...
Thanks for posting. I’m a big Zero Hedge fan.
A few years more of low oil prices and maybe the stupid socialists will have to shut up about Scandinavia.
Tings mus be perty bad fer ole Ollie ta be diggin up da money box in da back yard.
Why don’t they just print money like we do? /sarc
Bloody hell, just raise the VAT to 30%.
4% of assets is less than expected return