What happens when Norway runs out of oil?
Their country devolves into chaos and they get granted refugee status and move next door.
Not much, remove the revenue from our petroleum industry and we're still better off than most of western Europe.
>>58224947
If peak oil is real then why come my truck still goes?
>Sweden
>industry making cars, trucks, airplanes, ships, cell phones, electronics, software, music, etc.
>Norway
>oil
>???
>knitted sweaters and cheese slicer
>>58225066
yeah sure whiteboi
>>58224947
They will run out of welfare money and Saamis will revolt.
>>58225215
>music
>airplanes
>muuh grippen
>>58225215
>Airplanes
Sadly, the Gripen is probably the last fighter saab is going to make.
How does that make you feel?
>>58225215
How strange. A country with a labour force of 2,75M people put hundreds of thousands of people in the by far most profitable industry and ends up brain draining other industries.
>>58224947
If they were smart, they should have had diversified their petrodollars into jumpstarting/creating other sectors of industry and services.
If they didn't, then they can always go back to fishing, unless they adopted any measure of retarded animal rights BS.
>>58224947
Like this but reversed
>>58225215
>Swedish """"""""""""""""""""""""""""""music""""""""""""""""""""""""""""""
>>58225563
>J-just diversify
Rarely works that way unless it's heavily subsidized or the government makes a sweetheart deal
>>58225526
Except this is the very trait that introduced the "petroeconomies are shitskin shitholes" maymay. There is a reason as to why Emirates and company are busy erecting these pseudo-futuristic cities - once their oil dries up, they will have to depend on everything they managed to build so far outside of oil sector.
>>58225521
Nothing, I don't have a personal investment in SAAB Aerospace
Pretty sure their civilian aeronautics system is what keeps them afloat, not making a half dozen Gripen over a ten year period...
>>58225215
Is it true that you sell your waste to norwegians?
>>58225724
We already have other sectors to fall back on, people seem to fail to understand just how tiny this country is sometimes, it's a complex economy for its size.
http://atlas.cid.harvard.edu/rankings/
Now try to find Australia on the same ranking.
>>58225640
hehe small benis
Nothing, a country don't need oil to prosper.
>>58225798
>33
so pretty much last in Europe
Sweden #5, even Finland is #8
What the hell even goes on in Finland today after Nokia split up
>>58225869
Well Nokia dying certainly must have added to our economic diversity since now half of our economy isn't one corporation.
>>58225869
>so pretty much last in Europe
That's one one way to look at it, another one is as the highest ranked major oil and natural gas producing country in the world, with the exception of the US, which naturally has a bigger need for a more complex economy with ~57 times the labour force.
>>58225822
>a country don't need oil to prosper.
Nice try.
>>58226269
Forgot about Mexico, but same story there really.
>>58224947
Nothin, they have huge investment fund that hold all income from oil, only paying 4% from oil income to population, they dont waste oil dorars like us or muslimes.
Norway has the biggest soverein wealth fund in the world and population of 5 million
https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway
It's currently the richest country in Europe (except for Luxembourg)
As you can see they weren't poor before they discovered oil, so I think they'll be ok
I find it weird swedes are so ignorant about our economy and pension fund. Is it the self-hate that has driven your country to ruins that is the cause of this?
>>58226729
Norway has the biggest fund because they keep it all in one fund. The other oil countries have them split up. Saudi and UAE have much bigger funds if all their funds are added up.
>>58226729
but the money in that fund will be moot once the race war comes
so yeah
>>58226915
See here
http://www.swfinstitute.org/sovereign-wealth-fund-rankings/
>>58227066
Sure, but they also have bigger population and Norway is much more egalitarian than UAE or SA
>>58227259
Half the people there are slaves from India, Bangladesh, and Phillipines anyway.
>>58225869
Not even us finns know where our GDP comes from anymore.
>>58227553
But Saudis have even poor natives. Sometimes they get subsidies from government, but they have very high unemployment.
Most of the oil revenue goes to the huge-ass Saudi family
I don't think that's particularly viable system
![9a306d53fb90520cd1dd749362ea8e92[1].jpg](https://i.imgur.com/UO38WI3.jpg "9a306d53fb90520cd1dd749362ea8e92[1].jpg")
>>58224947
Would Norway be poor without oil?
>>58227066
>2bn behind France
>1/10th the size
>1/10th the population
>Germany doesn't even have one
>UK doesn't have one either
That Islamic immigration sure is beneficial to Europe:-DDD
>>58227748
Saudis have been flinging a fuck ton of money to attract foreigners. They tried recruiting people here to go study in KSA in return for free college, a free apartment, and $30,000 per annum.
You can bet your ass they're doing the same everywhere else.
