Thursday, September 8, 2016

Norway in deficit

Norway is spending more money than it is bringing in.  The first time in more than 20 years.  Here's the link in Norwegian and the link in English.

What now?  An increase in taxes perhaps?  You can bet every kroner that that's what the government will do sooner or later, citing it for the benefit of all its citizens of course.  If not, well let's just keep drilling for oil.  One thing is for certain, this isn't going to change anytime soon.

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