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And all it cost was the earth's climate. I think this "oil fund" will be an interesting target when countries and states start disappearing under water and the
by outside1234 7y ago
And all it cost was the earth's climate.
I think this "oil fund" will be an interesting target when countries and states start disappearing under water and their crops start failing for reparations.
Also, why does Norway not contribute the full 2% to NATO spending again?
- punnerud 7y agoWe have the second largest investment per person in NATO. 1. US = 1894 USD (3,5% GDP) 2. Norway = 1483 (1,61%) 3. UK = 899 (2,1%) 4. France = 787 (1,81%) 5. Canada = 643 (1,23%) https://www.regjeringen.no/no/tema/forsvar/innsikt/budsjett/budsjettgrafikk2019/nato/id2613480/ https://www.regjeringen.no/no/tema/forsvar/innsikt/budsjett/... Because of the GDP-measure, if we stop producing oil/gas we will be over the 2% but with a lot of value in the ‘bank’. So the GDP measure is not the best. We still try to get to 2% by building up our own industry around the money, not pending it blindly.
- outside1234 7y agoThe NATO treaty is that every member will spend 2% of GDP and nothing about per person or per capita. This keeps it fair for countries that are less wealthy.
- UnFleshedOne 7y agoYes, the solution to that is obviously to burn most of the oil money now, so there will be nothing for others to come after and give the rest to oligarchs (those guys know just where to hide it). Good to see that the rest of the world is working tirelessly at that.