Yes they have, Chris. Read an article recently. It is a National Pension
Trust that is currently valued at a trillion dollars. It is invested in
companies world-wide and since 1998 has averaged ~6% annual return. Sounds
like a better plan than the USA SSA pyramid scheme.
Charlie
On Wed, May 8, 2019 at 12:43 PM ChrisB <ftog@xxxxxxxxxxxxxx> wrote:
> It looks beautiful, Mike.
>
> I understand that Norway has saved much of its income from the North Sea.
>
> Chris
>
> C M I Barker | Gamlingay
>
>
> > On 1 May 2019, at 01:00, Mike Gordon via olympus <
> olympus@xxxxxxxxxxxxxxxxx> wrote:
> >
> > Yes, Norway is expensive! I think pre north sea oil they had the GDP
> of Albania.
> > Buying brew at the grocery store is much more reasonable. We had very
> nice places with kitchens except in Oslo and tended to have lunch while out
> and about and had a light dinner at our
> > own place which kept the expenses down somewhat.
> >
> >
> > The view from our deck off rented house in Kabelvåg was not too hard to
> take sipping a brew and having a light dinner. ;-)
> >
> > https://www.olyendomike.com/Norway-2018/i-Dmx4qLp/A
> --
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