Originally posted by chuckChuck
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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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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.Originally posted by jimmy View PostChuck 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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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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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.Originally posted by macdon02 View PostOh 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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