It’s the profligate expenditure that kept taxes low...
On Thu, 9 May 2019 at 07:46, ChrisB <ftog@xxxxxxxxxxxxxx> wrote:
> Jez, Charlie
>
> Thanks. I had an idea that I was understating it but I hadn’t read about
> it in a while.
>
> In comparison with the profligate expenditure of the UK’s North Sea income
> . . . .
>
> Chris
>
> > On 8 May 19, at 17:57, Charles Geilfuss <charles.geilfuss@xxxxxxxxx>
> wrote:
> >
> > 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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