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    #31
    Originally posted by chuckChuck View Post
    Statoil (State Oil) in Norway made Norway into one of the richest most prosperous countries in the world with over a trillion dollars in their rainy day fund. Not bad for a bunch of nordic socialists. hahaha They are real fiscal conservatives not the give it all away ones we have here!

    Back in the day, Grant Divine presided over one of the most depressing periods in Saskatchewan agriculture. Low prices, high interest rates and bad weather forced a lot of farmers out of business. Farm foreclosures were common. Lets blame Grant for ****ing up ag in the 80s! I am sure it was all his fault! hahaah
    SF3 you are a comedian! You can't discuss anything without making a political statement and blaming the NDP or Liberals. It is hilarious! hahahaaah
    Chuck pull out your map and compare Norway to Alberta. Norway is a tiny country with a good population surrounded by ocean on much of it. Alberta Saskatchewan are land locked and surrounded by left leaning socialists plus not enough seats in parliament to change a thing. Your comparison sucks.

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      #32
      Originally posted by jimmy View Post
      Chuck pull out your map and compare Norway to Alberta. Norway is a tiny country with a good population surrounded by ocean on much of it. Alberta Saskatchewan are land locked and surrounded by left leaning socialists plus not enough seats in parliament to change a thing. Your comparison sucks.
      And, more importantly, Norway is a sovereign country with complete control over it's finances and policies. Not a province within a confederation, expected to support all other provinces. It amazes me that someone who tries so hard to be the smartest person in the room, yet can't even differentiate between a country and a province/state within. Is geography still taught in schools, or did that go away along with math, evidence based science, and financial literacy? A proper comparison would be with our federal economic situation.

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        #33
        Oh yes, Norway.... in the EU but not financially. Seems they are loving Trump's policies to the tune of just under $1.2 trillion. Also dumping emerging market govt debt for US equities.

        https://www.zerohedge.com/news/2019-04-05/norways-1-trillion-sovereign-wealth-fund-dumping-em-bonds-and-buying-stocks

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          #34
          Originally posted by macdon02 View Post
          Oh yes, Norway.... in the EU but not financially. Seems they are loving Trump's policies to the tune of just under $1.2 trillion. Also dumping emerging market govt debt for US equities.

          https://www.zerohedge.com/news/2019-04-05/norways-1-trillion-sovereign-wealth-fund-dumping-em-bonds-and-buying-stocks
          comes after more than a year of deliberation Seems like a perfect way to manage a fund of that size, taking more than a year to make a decision on investment, of course, nothing could possibly change in the markets in that period of time, in this era where trades are measured in milliseconds at times.

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