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n4807g

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n4807g

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Monday, 07/16/2018 9:28:51 AM

Monday, July 16, 2018 9:28:51 AM

Post# of 111534
What oil wealth can do....

Young Norwegians have enjoyed a 13% rise in disposable household income, bucking a downward trend in other strong economies. Will this golden age last?

http://www.bbc.com/capital/story/20180709-unlike-most-millennials-norways-are-rich

While the USA spent the last three decades vilifying the oil industry, Norway embraced it and exploited their oil wealth. The financial benefit to Norway is obvious and outstanding.

“A bank would never get away with what the Department of Education is doing.”

Sheila Bair

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