3 ms·
With luck this will be the start of a process that works out what to do when oil is no longer a profitable business. It was good while it lasted and Norway mana
by kwhitefoot 8y ago
With luck this will be the start of a process that works out what to do when oil is no longer a profitable business. It was good while it lasted and Norway managed it much better than any other country in my opinion, with care it can last a while yet but inevitably things will change.
We need to work out what we will do to maintain our lifestyle without the oil income, if not then Norway will slowly drift back to being a relatively poor country. Norway is an expensive country to run, not just because we have high incomes but also because quite a lot of the landscape is quite hostile to life and unproductive both industrially and agriculturally. The population is too small to make mass production of low cost export goods practical and raw materials are expensive to extract and refine so we will have to become more self reliant. Historically Norway has been good at this but recent governments have started to be less and less interested in solidarity and more interested in market ideology.
For me it is probably not a particularly pressing problem, I'm 63, but my children will certainly be affected.