I really don't know what the situation is there right now and how the economy is doing there, with corona out as well and price of Oil down, how are they handling? Anyone knows?
Do you know the fable of The Ant and the Grasshopper?
Here is Norway:
https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway
Quote
It has over US$1 trillion in assets, including 1.4% of global stocks and shares, making it the worlds largest sovereign wealth fund.[1][2] In May 2018 it was worth about $195,000 per Norwegian citizen.
Basically they have 5 times their annual budget in reserves.
Add another 70 billion in forex reserves, and the fact that they have only around 35% debt to GDP ratio, the fact that only 50% of their exports are oil-related so in case of a price war they will be the last economy to crumble, probably outliving even the Vatican.
The prices went down a week after, 03.23.! But as I see it's a bit less than 10%. And yes I know that my country have high tax rates on gas! Tax is higher than gas.
So they did go down, but a day ago you said you were paying the same.
Now, answer me a question, after this, how much trust can I put in any info you provide?
