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We are in Norway and my wife ran her own small construction engineering business for a few years. You get no welfare, as it is funded from your previous payroll
by varjag 8y ago
We are in Norway and my wife ran her own small construction engineering business for a few years. You get no welfare, as it is funded from your previous payroll contributions, and only for up to 2 years. If you business is too small for you to have yourself on payroll, tough luck. Getting there takes a while, as tax burden on a business here is quite significant.
> Credit institutions are quite used to absorbing losses.
They are also quite good at taking the profits on their investments. If a bank bails you out, it wants to take its pound of flesh. You essentially arrived at status quo.