This is true, on paper. In actual life, in most resource rich countries very little of it benefits the average person. It's even assumed to be a net loss, eupha

This is true, on paper. In actual life, in most resource rich countries very little of it benefits the average person. It's even assumed to be a net loss, euphamised as the "oil curse." Norway's model has worked very well, and they also had lucky timing Vis a Vis capital markets. But, it's a rare success.