Wealth inequality is high-ish in norway, with a lot of the country being owned by less than 10% of the population. It’s also a petro-state, making a real green transition for the whole world harder.
It has a low population, making it easy to have these services with the amount of wealth the country produce by being a petro-state.
It relies on immigration for it’s population replacement which will likely cause the kind of crisis we see in other so called developed countries.
I think Norway is in a petro-dollat fuelled bubble, and when it will burst, which is innevitable, will see a decline in its standard of living like in other so called developed countries as it did not invest in itself fully.
I hope i’m wrong but most petro-state happens to follow fhe same pattern actually.
Wealth inequality is high-ish in norway, with a lot of the country being owned by less than 10% of the population. It’s also a petro-state, making a real green transition for the whole world harder.
It has a low population, making it easy to have these services with the amount of wealth the country produce by being a petro-state.
It relies on immigration for it’s population replacement which will likely cause the kind of crisis we see in other so called developed countries.
I think Norway is in a petro-dollat fuelled bubble, and when it will burst, which is innevitable, will see a decline in its standard of living like in other so called developed countries as it did not invest in itself fully.
I hope i’m wrong but most petro-state happens to follow fhe same pattern actually.