SF3, is the first post your own writing, if so great, if it's not your writing, please credit or link the editorial to the writer. TY
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If every Norwegian’s a millionaire, why’s Alberta in hock?
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The fund is invested all over the world in many different things.
I dont think its completly fair to make the comparisons. Big social differences.
It works until it doesn't ,those are some big promises to keep for the future. What happens when the fund becomes exhausted or oil is replaced by cold fusion(Lockheed just claimed they did it but i dont believe it)
But it is pretty impressive maybe our models are wrong I'm not clear on how the government revenue streaming really works(embarrassingly enough)
But it is one hell of a slippery slope when governments start nationalizing. Maybe they got lucky.
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I doubt the situation in Norway is as rosy as this article presents and the article is also in the past. $50 oil will hurt Norway just as it will Alberta as a lot of the investments in Norway's fund will get written down. That said there has been a lot of waste and fiscal mismanagement in Alberta as well but most people here like it that way since the same old clowns keep getting elected.
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Cotten
Norway seems to know what their doing with their oil revenue and are more than likely prepared for the next step.. So I really don't think we should be asking the "WHAT IF's". Norway is miles ahead of the Canadian Government. The question we should be asking is WHY NOT Us? Norway success should be admired and envied by others.
Where are are the so called Conservative supporters both Federally and Provincially. Braveheart, Tom, Freewheat, Oliver88,15444,Sk Wheatking, Saskshate, all very quite now.
Our Governments are truly sad for not understanding the possibilities put before them.
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So you can explain the exact difference between nationalization of farms and oil companies?
What happens when the government takes your asset and pays you a wage to manage your farm?
Lol,ok bad example but only because I hate farming so much,some of you might be pissed.
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Saskfarmer 3
Do you really think your questions to the Conservatives will ever be answered when you along with 30% will vote that way no matter how poor of a job they do?
I really believe they should have to earn your vote Saskfarmer, you work hard for what you earn, why shouldn't the Conservatives????
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