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© 2020 Relevant Protocols Inc.
A focused study group for the discussion of economics and economic policy.
32047 Members
We'll be adding more communities soon!
© 2020 Relevant Protocols Inc.
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"Workers are uniquely safeguarded, as salaries and labor rights are determined both at the local and national level through collective bargaining agreements between the trade unions and employers, rather than through legislation."
"Workers are uniquely safeguarded, as salaries and labor rights are determined both at the local and national level through collective bargaining agreements between the trade unions and employers, rather than through legislation."
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Ma’am please edit your comment, with some relevant reply, if you don’t have relevant input then you can delete the comment. If you don’t act professional in these commentary you can get downvoted by [@slava](/user/profile/slava) [@DrEllisJaruzel](/user/profile/DrEllisJaruzel) [@Druss](/user/profile/Druss) and even me and other users will downvote you in future. Hope you understand.
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Ma’am please edit your comment, with some relevant reply, if you don’t have relevant input then you can delete the comment. If you don’t act professional in these commentary you can get downvoted by [@slava](/user/profile/slava) [@DrEllisJaruzel](/user/profile/DrEllisJaruzel) [@Druss](/user/profile/Druss) and even me and other users will downvote you in future. Hope you understand.
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As relevant community guidelines suggests, no short commentary, always be to the point and my intention was never to hurt anyone here. If you have further doubts you can ask in support community, will surely reply. Hope you understand.
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As relevant community guidelines suggests, no short commentary, always be to the point and my intention was never to hurt anyone here. If you have further doubts you can ask in support community, will surely reply. Hope you understand.
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Your comments do not make sense or add value. Irrelevant comments just clutter up the feed. I do not know if you are using a translation tool or not, but “lizard” and emojis really do not make sense in the context of this piece.
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Your comments do not make sense or add value. Irrelevant comments just clutter up the feed. I do not know if you are using a translation tool or not, but “lizard” and emojis really do not make sense in the context of this piece.
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It's also important to note that Norway has been able to instigate these progressive changes in part due to it's huge oil fund which currently stands at over $1 trillion IIRC. This is not to dismiss their actions as they have shown a good example of where state controlled oil production (at least in part) can better the whole society; as opposed to other countries such as the UK where privatisation of these resources have not significantly progressed society in this way. It will be interesting to see how Norway fairs in a post-oil economy.
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It's also important to note that Norway has been able to instigate these progressive changes in part due to it's huge oil fund which currently stands at over $1 trillion IIRC. This is not to dismiss their actions as they have shown a good example of where state controlled oil production (at least in part) can better the whole society; as opposed to other countries such as the UK where privatisation of these resources have not significantly progressed society in this way. It will be interesting to see how Norway fairs in a post-oil economy.
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You make a valid point. I would also add that the oil wealth has allowed Norway's sovereign wealth fund to become one of the largest single investors in the world. A huge and diversified assest portfolio should give them capacity to maintain economic growth post-oil. This presentation from Animated Lessons also provides some good insight: [https://youtu.be/QZf9XJ8-tgc](https://youtu.be/QZf9XJ8-tgc)
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You make a valid point. I would also add that the oil wealth has allowed Norway's sovereign wealth fund to become one of the largest single investors in the world. A huge and diversified assest portfolio should give them capacity to maintain economic growth post-oil. This presentation from Animated Lessons also provides some good insight: [https://youtu.be/QZf9XJ8-tgc](https://youtu.be/QZf9XJ8-tgc)
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So $200,000 per citizen based on the sovereign wealth fund vs. -$82,500 per citizen in the U.S (from US Debt Clock)
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So $200,000 per citizen based on the sovereign wealth fund vs. -$82,500 per citizen in the U.S (from US Debt Clock)
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