yes, norway is an insanely rich oil nation. the fund is called “oljefondet”. it comes from oil sales.
as for SDI, since it’s normalised and based on development, the nordic countries falling is only natural, since emerging economies are doing the stuff we did in the 70s. it doesn’t mean we’re getting worse, it means they’re rapidly getting better. ideally, SDI regresses to the mean.
also none of those articles mention that third point?
I’m not sure how you can understand that the Nordics act like investment bankers, without acknowledging that this means the Nordics essentially fund their safety nets off of unequal exchange and exploitation of the Global South. It isn’t about influence, it’s about parasitism.
yes, norway is an insanely rich oil nation. the fund is called “oljefondet”. it comes from oil sales.
as for SDI, since it’s normalised and based on development, the nordic countries falling is only natural, since emerging economies are doing the stuff we did in the 70s. it doesn’t mean we’re getting worse, it means they’re rapidly getting better. ideally, SDI regresses to the mean.
also none of those articles mention that third point?
I’m not sure how you can understand that the Nordics act like investment bankers, without acknowledging that this means the Nordics essentially fund their safety nets off of unequal exchange and exploitation of the Global South. It isn’t about influence, it’s about parasitism.