Why Norway is Becoming the World's Richest Country

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RealLifeLore

RealLifeLore

5 ай бұрын

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Пікірлер: 7 900
@joshygoldiem_j2799
@joshygoldiem_j2799 5 ай бұрын
FUN FACT: The former king of Norway Olav V was immensely popular because he ruled by example, earning him the nickname "the People's King." When driving was restricted due to the 1973 oil crisis, the king, who legally could've driven, took public transport carrying his skiing gear on his shoulders. When the media asked him how he could even dare to go outside without bodyguards, he responded by saying "I have four million bodyguards," referring to the population of Norway at the time.
@efexzium
@efexzium 5 ай бұрын
That sounds like a great king. But it’s still annoying how people pay so much attention to people with money who say they’re gonna help people but people are every where having terrible problems and nobody’s doing anything.
@psychozen7169
@psychozen7169 5 ай бұрын
Leading by example
@johnlawmil
@johnlawmil 5 ай бұрын
King Olav was in Stavanger in 1976 visiting Elf Aquatiane, a French Oil company. My sister and I were told he was soon leaving and we would be able to see him. There was only a few people waiting. Soon enough he was exiting and quite gracious. My sister jumped in front of him taking his picture and startling him. He responded with a chuckle. It was a different time then.
@chrissuperhero2291
@chrissuperhero2291 5 ай бұрын
Very interesting
@clausbohm9807
@clausbohm9807 5 ай бұрын
I hope you don't mind me using your post on my facebook site?
@c4knowledge562
@c4knowledge562 5 ай бұрын
Norway is the country which won the lottery but kept the normal job
@ValMartinIreland
@ValMartinIreland 5 ай бұрын
Very well said
@jennifersweet3740
@jennifersweet3740 5 ай бұрын
Norway be like "All I do is win, win win! No matter what!" 😂
@magnusalexander2965
@magnusalexander2965 5 ай бұрын
In practice we're just someone with a normal job. One might expect health care, transportation and so on to be amazing, but there's nothing particularly impressive about life here compared to much of Europe
@berndsteinlein8608
@berndsteinlein8608 5 ай бұрын
Excellent, just excellent 😂
@biber9979
@biber9979 5 ай бұрын
And keeps salaries super low so 50% of their people can barely survive
@osasunaitor
@osasunaitor 3 ай бұрын
In addition to being wealthy, Norway is INSANELY beautiful. Travelling the country from point to point in spring felt like moving through a fairytale land, I'm not kidding. The deep fjord valleys, massive snow covered mountains, dense forests, lush green prairies, crystal-clear rivers, thousands of waterfalls... It's hard to imagine a prettier landscape to me. And most of it is practically untouched by the human hand, with just a few colourful wooden-house villages scattered here and there. Being born in Norway must be like winning lottery on so many levels...
@voiciray
@voiciray 2 ай бұрын
we're blessed here in BC (Canada) too. actually very similar typography. please visit if you can.
@osasunaitor
@osasunaitor 2 ай бұрын
@@voiciray I wish I could! It's so far away... How is the issue with the wildfires though? I heard you are having very rough summers as of late
@voiciray
@voiciray 2 ай бұрын
@@osasunaitor yeah that's definitely something that has gotten worse all over Canada. In BC last year, the largest wildfire was larger in size than the whole New York metro area. If you come, come earlier in the year before May.
@osasunaitor
@osasunaitor 2 ай бұрын
@@voiciray That's terrible, so much wilderness being destroyed... I hope it won't get worse in the coming years. Thanks for the tip!
@jentepostma8024
@jentepostma8024 2 ай бұрын
​@@osasunaitorThe wilderness will easily regrow, the problem is the fauna that gets killed in the fires🥺
@TheWandererBard
@TheWandererBard 5 ай бұрын
It's so refreshing to hear of a government that humbly and intelligently make decisions to protect the interests of their people and FUTURE generations. Bravo to those men who made those selfless decisions 👏🙌
@henrikeinung3523
@henrikeinung3523 14 күн бұрын
Hell no, its not as good as you might think
@lukemurray3854
@lukemurray3854 11 күн бұрын
Selfless decisions my ass. Just come here and see how 20 cigarettes costs you up to 16$ and a pack of 400grams of minced meat can cost up to 10$. The average glass of beer (400cl) at the local pup can come to 18-20$. Not just one of the richest countries in the world but one of the most highly taxed countries in the world as well. It may sound like heaven from outside looking in but living here with the average wage compared to insane high taxes, electricity, gas and food prices makes it almost the complete opposite of what this video fools you into thinking!
@KevinEnjoyer
@KevinEnjoyer 3 күн бұрын
And women too. Ever since she took office and left after her term ended, Erna Solberg has been massively popular as Prime Minister and regular politician.
@snefokk_i_heiene
@snefokk_i_heiene 2 күн бұрын
the norwegian government is trying to genocide norwegians
@Boofer.
@Boofer. 5 ай бұрын
as a Norwegian, a 40 min video of about how good we are was very entertaining
@ritterspots89
@ritterspots89 5 ай бұрын
Cries in Danish :( Union again plz?
@Half_Finis
@Half_Finis 5 ай бұрын
least cocky norwegian rart vi får så mye oppmerksomhet
@MrAAA004
@MrAAA004 5 ай бұрын
@@ritterspots89swede here, kalmarunion?
@xxstexx7450
@xxstexx7450 5 ай бұрын
If I learned Norwegian, how would a Mexican be treated in Norway?
@Ola-rc7hm
@Ola-rc7hm 5 ай бұрын
​@@MrAAA004Ikke faen, vi så hvordan det gikk sist gang
@Nerdforge
@Nerdforge 5 ай бұрын
Its not actually hydropower, its mountain trolls on spinning bikes
@dataisbrilliant
@dataisbrilliant 5 ай бұрын
lol, fax
@mmmadame
@mmmadame 5 ай бұрын
HOLY SHIT MARTINA
@Mosern1977
@Mosern1977 5 ай бұрын
Shhhsss... We don't talk about the trolls....
@Napolean.Mapping
@Napolean.Mapping 5 ай бұрын
aeioi
@CJScrol
@CJScrol 5 ай бұрын
Shhhh-don’t reveal their secret. 😅
@ishaantyagi
@ishaantyagi 5 ай бұрын
It's been 6 minutes since playing this and I'm overwhelmed with the sheer amount of information packed into this video so far.
@MrLasox
@MrLasox 24 күн бұрын
I bet your head exploded after 44 minutes with information? Lol.
@ishaantyagi
@ishaantyagi 21 күн бұрын
@@MrLasox need time to process those 6 minutes, will watch the rest after 2 months.
@TungB
@TungB 10 күн бұрын
yeah, no kidding...I was watching at 1.25x and now my brain hurts..
@Norralin
@Norralin 4 ай бұрын
It has to be said, that not only does Norway have a lot of its relative power covered by hydropower - it also uses electricity for everything. There are very few gas powered kitchen stoves in Norway - almost no houses are heated by gas. Just about everything in every home is powered in its entirety by electrical power, including heating water, heating houses and cooking.
@evander2347
@evander2347 Ай бұрын
We are the 3rd biggest exporter of oil though
@Norralin
@Norralin Ай бұрын
@@evander2347 we were in the 90's and early 2000s perhaps. Now we're down at 8th!
@evander2347
@evander2347 28 күн бұрын
@@Norralin still a rather glaring hypocrisy imo, but they did ban drilling outside Loften at least.
@Norralin
@Norralin 28 күн бұрын
@@evander2347 oh, yes - absolutely horrific hypocrisy. Norway is responsible (directly or indirectly) for a percentage or two of global co2 emissions anually. Which is crazy considering how few there are of us.
@mangomariel
@mangomariel 20 күн бұрын
@@evander2347 how is that hypocrisy? There will always be producers of oil. The ones that is using the oil is the problem. If one country stops producing oil, they give more power to Saudi Arabia to control the oil market. A very bad dictatorship warmongering country. I`d rather a peaceful country produce oil, then a corrupt one.
@rebjorn79
@rebjorn79 5 ай бұрын
It's not all glamour. In 2011 we experienced a butter shortage. We sorted it out, thankfully. It's difficult for me to talk about.
@roavik
@roavik 5 ай бұрын
Yes, I remember that. It was like hell on earth. 😂😂😂😂
@Erivene
@Erivene 5 ай бұрын
......it was a dark time.
@lenabrustad305
@lenabrustad305 5 ай бұрын
😂😂
@onlookervb
@onlookervb 5 ай бұрын
How about we trade our useless irish politicians but delicious irish butter mountains for some Norwegian politicians ? No take backs
@YuriWasASpaceman
@YuriWasASpaceman 5 ай бұрын
Don't get me started on Gastromat...
@elic3536
@elic3536 5 ай бұрын
the day i watch a reallifelore video without the word vast is the day the world ends
@MATT44E
@MATT44E 5 ай бұрын
Also, the phrase "in the world"
@usernameisusername
@usernameisusername 5 ай бұрын
Lol. Get a grip simp
@LuisSierra42
@LuisSierra42 5 ай бұрын
That day, all joy would have left the world
@tragicexpert2448
@tragicexpert2448 5 ай бұрын
Should probably stop watching them then.
@usernameisusername
@usernameisusername 5 ай бұрын
@@LuisSierra42 Wth simp
@sreengleen
@sreengleen 4 ай бұрын
This was a fantastic tutorial on the topic - fast-moving, dense with information and incredibly educational and informative! Many thanks!!!
@bubbii
@bubbii 2 ай бұрын
I lived in Norway for a very short time. I miss it so much. The most beautiful place I have ever been, super lovely friendly people. I actually would do anything to move back there
@steveuganski2394
@steveuganski2394 5 ай бұрын
“kinetic energy just sitting there” is a funny phrase.
@masterchinese28
@masterchinese28 5 ай бұрын
My favorite is when the narrator said "more easier. "
@rahidmahbub
@rahidmahbub 5 ай бұрын
Kinetic energy is doing anything except just sitting there.
@benbong4577
@benbong4577 5 ай бұрын
Technically, this is "potential energy", but "kinetic energy just siitting there" works too xD
@dy7296
@dy7296 5 ай бұрын
ikr that's just an extended way to say "potential energy"
@Gilgameshh
@Gilgameshh 5 ай бұрын
he has to reach his word quota somehow
@Arbiter22J
@Arbiter22J 5 ай бұрын
As a Brit, it’s depressing to hear how a countries leaders had such amazing foresight to ensure their countries prosperity for decades to come. Unlike my countries leaders who have only ensured a death by a 1000 cuts for the UK.
@foilrider2000
@foilrider2000 5 ай бұрын
UK greenies stopped oil & gas production, North sea oil given away for what, fools running the show.
@Bcfcuklhpwalker
@Bcfcuklhpwalker 5 ай бұрын
Yes 5mill Norwegians ethos will go right out the window once they accept the rest of the world to land on there shores
@benmcreynolds8581
@benmcreynolds8581 5 ай бұрын
I feel identical about America... I honestly cannot stand how dysfunctional and unaffordable it is here now and it's only getting worse and no one's doing anything about it.
@andyedison2416
@andyedison2416 5 ай бұрын
As a Aussie I feel the same. We have been let down by decades of inept Governments. We should have had a sovereign wealth fund as well, instead we allow our resources to be plundered by the mega resources companies with just peanuts going back into the local economy. To make matters worse the Federal Govt has flooded the country with immigrants whilst in the grips of a housing crisis. The golden age of Australia is long gone, we are now in serious trouble with such short sighted policies which just fluff around the edges but doesn’t actually address the situation.
@The_Judge300
@The_Judge300 5 ай бұрын
The British government with Thatcher in the lead, made sure to give the already rich, including herself the vast majority of the profit from the gas and oil and extremely little of it to the lower classes. Even if the UK is a democratic country have you always made sure that the rich get richer and the poor get poorer. I think it is a total disgrace how many people in the UK that live in such poverty as they do. And you will only get more of them the way your politicians run your country. Specially the Tories. And you far from made it any better for you, voting Yes to Brexit. Making your economy even worse.
@jimparsons6803
@jimparsons6803 4 ай бұрын
What wasn't mention but might have been is that Norway early on had hydroelectric power and that it pretty much always had a very high regard for education and educated people. There by increasing the odds of maximizing any resources that they might have had. A historical pattern, you might say. I've had first-hand experience with the Norwegians, as I went to school with a bunch of them, and found them pretty sharp. Later I found out that some had advanced degrees before they started the cited undergraduate courses I was enrolled in. Strategy counts for a lot.
@drzainnas
@drzainnas Ай бұрын
Thanks to the Norway's country, people and their leaders, they are all certainly do deserve our respect and gratitude.
@Clone683
@Clone683 5 ай бұрын
Norway is a rare case of an oil state not completely squandering the money
@lumenox8541
@lumenox8541 5 ай бұрын
Yep, it's like they won the lottery and decided to keep their day job
@jonsen2k
@jonsen2k 5 ай бұрын
I think we were really blessed by both the timing of the discovery, the trust amongst the public to their officials, and our politicians simply doing what was in the best interest of all of us. Like, most people at the time had lived through the occupation of WWII, and they knew how tougher times actually were. I think that if this discovery had happened a decade or two later, the story would have been a lot different to what it is.
@dendrien
@dendrien 5 ай бұрын
Ironically we have to thank an Iranian for that decision. Originally Norway intended to copy the American method or sell 50% of ownership and trade with Sweden if they helped us, Sweden said no. Sweden has regretted their decision ever since.
@jghifiversveiws8729
@jghifiversveiws8729 5 ай бұрын
One of the few cases of an oil state that isn't some autocratic monarchy as well.
@benyendle2584
@benyendle2584 5 ай бұрын
Nordic culture is less corrupt.
@jan-kristianhansen3557
@jan-kristianhansen3557 5 ай бұрын
I'm a Norwegian and this is a very good summary of Norway's economic history. Finally, a summary that got it right.
@hotdog9262
@hotdog9262 5 ай бұрын
somewhat good summary of history. but not projection.. when oil/gas disappears there will be a fall considering the borderline useless politicians
@christinehadler-lund9258
@christinehadler-lund9258 5 ай бұрын
Im one too
@RedGoobler
@RedGoobler 5 ай бұрын
He didn't get the phosphate findings right, though. It's "only" 2bn tonnes. This has to be extracted from 70bn tonnes of rock. The Economist is the source of this misunderstanding, and Norge Mining has confirmed it was a misunderstanding
@LunarEclipseB05
@LunarEclipseB05 4 ай бұрын
Are you a conscript?
@biankakoettlitz6979
@biankakoettlitz6979 4 ай бұрын
But I miss the mention of the 'oilfond' and the financing of oil search, but maybe it's too economical.
@gregrice1354
@gregrice1354 5 ай бұрын
Fantastic and detailed overview of Norway's economy and natural resources and wise planning. Great job in visual design and communication by go bal data comparisons! You are my new hero in data visualization and educational communications!
@bperez8656
@bperez8656 Ай бұрын
Preserve your culture ! Don’t allow millions of endless immigrants 🙏🏻
@The_NordKnight
@The_NordKnight Ай бұрын
Norway is such an amazing country. As a Dane, I could easily see myself living in Norway in the future, although the lack of low altitudes might kill me.
@TerjeMathisen
@TerjeMathisen 5 ай бұрын
You did start out very nicely by showing how our fjords and coastline meant sea transport was crucial. The very best way to illustrate this is to look at our road numbering system: It starts at 2! This is a silent acknowledgment that the sea has always been #1, i.e. our main highway.
@PerJustert
@PerJustert 5 ай бұрын
Highway # 1 gave the country its name. Nordvegr as the vikings called it, is shortened into today's Norge.
@jfpOne23
@jfpOne23 5 ай бұрын
This gave me a great smile!
@olnnn
@olnnn 5 ай бұрын
Except it's not true, route number 1 was used for the road between Oslo and Svinesund before it was changed to European route 6 in the 60s, and then later for a brief period in the 90s for the road between Stavanger and Kristiansund.
@hepphepps8356
@hepphepps8356 5 ай бұрын
@@olnnn I have reported your comment.
@Sool101
@Sool101 5 ай бұрын
​@@hepphepps8356good you did so! That buster was trying to sort things out with facts. That's so old fashioned!
@kingbr47
@kingbr47 5 ай бұрын
Damn, what a satisfying thing to see a country managing money and resources inteligently. Gotta admit I got a little jealous, but good for them. I hope, naively, that the rest of the world learns something from them someday.
@bokiNYC
@bokiNYC 5 ай бұрын
Agree 100%! 👍
@davidabest7195
@davidabest7195 5 ай бұрын
I mean when you have a group of us euros without outsiders and subversive "people" abusing our natural altruism we succeed far more than every other group. There is a reason laws have to be made to hold us back and let lesser people take positions we deserve bc otherwise we dominate every field.
@antonholovan
@antonholovan 5 ай бұрын
@@davidabest7195 do you really have nothing in your own life to be proud of except this vague sense of belonging to such a non specific generic concept like european? even if so, you do not inherit any of the merits of your ancestors’ deeds, as well as achievements of your co-citizens. Watch the video - it is not about nationality or color, it’s about collective thinking, smart decisions and a little bit of luck.
@antonholovan
@antonholovan 5 ай бұрын
⁠@@davidabest7195 life is ironic, it’s always the lowest and most useless member of the group does the most chest pounding and calls others “lesser people”
@avaggdu1
@avaggdu1 5 ай бұрын
It's sad that the UK has similar resources (see the Woodsmith Mine near Whitby and projects in renewable energy) but what we lack is competent leadership and the national will and foresight to make the most of what we have. There's very much an attitude of "cake today not bread tomorrow".
@johnsamuel6096
@johnsamuel6096 Ай бұрын
I like how you went from discussing how Gallium to Germanium are quite indispensable for semi conductor production to how Norway has huge phosphate mines just to say "Checkmate China".
@lynnesookdawar3979
@lynnesookdawar3979 2 ай бұрын
Fascinating! Thanks a lot, this explains a lot. I just came across this as I m learning Norwegian and was so glad I did
@8rboy
@8rboy 5 ай бұрын
As a swede I am a bit jealous but most of all happy for Norway! They are paving the way on how countries should operate. Be like Norway.
@PROVOCATEURSK
@PROVOCATEURSK 5 ай бұрын
Be white, blond haired, blue eyed germanic majority? Sounds familiar.
@coRnflEks
@coRnflEks 5 ай бұрын
While Norwegians are envious of Swedish innovation and business. 👍
@PROVOCATEURSK
@PROVOCATEURSK 5 ай бұрын
So have a majority of white people with blond hair and blue eyes of germanic origins? Adolf, is that you?
@MrOvipare
@MrOvipare 5 ай бұрын
As a Quebecois I'm an admirer of both countries 🤘Hydro 4 life!
@AdamEarl2
@AdamEarl2 5 ай бұрын
@@MrOvipareI’m from onterrible, and wish we could be more like Quebec
@Halli50
@Halli50 5 ай бұрын
The smartest thing Norway did when striking oil was to not go on a spending binge, but to carefully ensure that a) Foreign oil companies could not exploit them and, b) Save the proceeds in a national fund for the inevitable "rainy day", not allowing the sudden wealth to ruin the local economy like the Dutch did. Best of all, the Norwegian nation is just fine with this! Gas/petrol is EXPENSIVE in Norway and people are concentrating on electric vehicles, which makes perfect sense with their abundant renewable hydro-electrical energy supply. We Icelanders are proud of the foresight of our sensible big brother, Norway.
@LeonidasParigoris
@LeonidasParigoris 5 ай бұрын
How can you guys be so cool? No pun intended!
@davidstonier-gibson5852
@davidstonier-gibson5852 5 ай бұрын
You also jailed the bankers after the global financial crisis. Go Iceland!
@lukemurray3854
@lukemurray3854 11 күн бұрын
Everything in Norway is EXPENSIVE! It is one of the most highly taxed countries in the world, come here and see how 400cl of beer at the local pup can come to 18$ and 400gam pack of minced meat can come to 10$. There is a reason why Norwegians living close to the border of Sweden flocks there to buy almost all food, alcohol and household products except vegetables. I can go to Sweden and buy 6 months worth of food for a third of my pay check which in Norway would buy me maybe 2 months worth.
@Erowens98
@Erowens98 9 күн бұрын
​​@@lukemurray3854yeah. People like to focus a lot on the good without considering the bad. Norway as a country is obviously in a very good state, but cost of living is a big issue there. Even in Finland where we often decry our super high cost of living we still look at Norway prices and say "no thanks". Though admittedly Norwegians also make way more money than us, it was quite popular in Finland to work in Norway on a temporary basis to build up savings.
@Halli50
@Halli50 9 күн бұрын
@@lukemurray3854 Usually "expensive" countries have a workforce that is paid accordingly. One benefit is that virtually everywhere else is relatively INEXPENSIVE, even Sweden.
@TuralFot
@TuralFot 3 ай бұрын
I've watched lots of videos on your channel and enjoyed them all. This one is the single best that I've watched. I usually don't watch videos this long on YT, but this one worth the time. Regards from Azerbaijan
@scandiclinda
@scandiclinda 4 ай бұрын
This is a great video! Thank you for doing such a good job providing all of this information about our country ❤
@bonniechase5599
@bonniechase5599 5 ай бұрын
How refreshing to see something as inspirational as a society with foresight and morals. The Norwegians have lots of natural advantages but they manage them intelligently, and that makes all the difference. I would love to see the rest of the world learn from this. Thank you for making this video.
@noobnoob5072
@noobnoob5072 5 ай бұрын
Well I think Bernt Anker brothers has something to do with that. Apparently the dude wasted a such a large fortune. That Had it lasted to today. The fortune would be bigger than. Norways oil fund by more then 10 times In today's money.
@Matfridt
@Matfridt 5 ай бұрын
As a Norwegian, it's super cool to see how we've managed all this. However, and I keep yapping on about this, it's not like this formula can just be copy-pasted onto random countries and VOÍLA, everything is all fine and dandy. It cannot be overstated how much easier it is to accomplish this here where absolutely no one lives. A microscopic population is easier to rule and sort out than an absolute behemoth like the US, which would never find success with the same model for a billion different reasons. This was a great video tho, sweet little free advertising for Norway lmfao
@basedgamerguy818
@basedgamerguy818 5 ай бұрын
​@@Matfridtthe only reason it wouldn't work out in the US is because the elites think they are entitled to 3 out of every 4 dollars made. The only difference is a plutocrat class who sees other Americans as "useless eaters". They think they don't need other Americans hence why they outsourced most good jobs in the 80's and 90's. Nowhere is this more visible than in Beverly Hills one of the richest places in Earth and a couple city blocks over is skid row where people live on the streets in abject poverty
@ChiefFalque
@ChiefFalque 5 ай бұрын
@@noobnoob5072 I'm interested in hearing what you think you know about that. As far as I can tell, that's entirely false.
@cecilsabourin9462
@cecilsabourin9462 5 ай бұрын
@@Matfridt As much as you,re statement has merit ,I believe the major difference is what,s in people,s hearts .Do polititions act as Christian or just mouth they do ? Hipocricy seems to be the dominant theme ,country to country . Once they,re elected anything goes ,especialy morals or word . And a few ,even now ,want to be king above all others (till they die ) , free from ANY resemblance to Christianity . "only I can solve it ' 'laws don,t apply to Me ' ME-me-me . My wife ,of Norwegian ancestry and Christian , have fantasized about immigrating there ( where her mother was born ) , if for the fact we,re both pushing 80 , but at least our son is young enough to take our place .At least for him at 6 ' 5" won,t feel so different than common heighted people , here . Just sayin'. PS -Canada is perhaps one of the best ( some say best ) countries otherwise and we do love it here ,we,re blessed to be here all said and done . Just wish our country would imitate Norway , in so many instances . Once Norway became a Christian nation ,they have not forsakened Christianity for the possesion obsessed examples too numerus to list . It truly is all for one and one for all like Jesus preached .Love it .
@Trenlogo
@Trenlogo 5 ай бұрын
Fun fact: The "Volvo Deal" was almost a reality, where Norway offered Volvo 40% stake in exchange for oil rights in the 70s. Only one of the offered areas had gas; none had oil. Rejected by Volvo's shareholders for undervaluing Volvo and overestimating Norwegian oil. Fast forward, Norway's oil wealth soared, now having a $1 trillion sovereign wealth fund, while Volvo was bought by Geely in 2010.
@Watskeburt
@Watskeburt 5 ай бұрын
Why would they sell it to China?..
@pegcity4eva
@pegcity4eva 5 ай бұрын
Because ford is incompetent and drove them, jaguar aston martin and land rover into the ground
@arkain1
@arkain1 5 ай бұрын
Fun for Norway, not so fun for Volvo shareholders.
@marcusellby
@marcusellby 5 ай бұрын
Volvo did some bad business in the 70s 😂 Wasn't around the same time they "sold" cars to North Korea 😅
@agilagilsen8714
@agilagilsen8714 5 ай бұрын
It was actually blocked by a pensioner fund with a significant stake in Volvo if I remember correctly. Bad times for Volvo, could have been the worlds most economically sound car manufacturer by a enormous margin.
@MAHASSANI1
@MAHASSANI1 3 ай бұрын
Well done , instructive, rich , and worth watching . Thank yoiu.
@benpettersen5904
@benpettersen5904 29 күн бұрын
great, but he missed maybe the most important industry in Norway before oil & gas, the fisheries.
@simenvesje1883
@simenvesje1883 5 ай бұрын
FunFact: Since Norway is not dependent on the phosphor mining as an income, but Marocco is, Norway and Marocco has started a dialog. When and if Norway start mining phosphor, they have plans to only supply the market with an amount that will not affect prices or take away buyers from Marocco, therefore securing and stabilize the much needed income for Marocco. That is pretty awsome.
@Borrelaas
@Borrelaas 5 ай бұрын
It's called price fixing, cartels do the same to ensure the free market doesnt work for the buyer but serves the interest of the seller
@elijahjakobsen7898
@elijahjakobsen7898 5 ай бұрын
I'm half Norwegian, half Moroccan. I'll be the middleman. I won't skim off the top... I swear.. ehm, I swear..
@maxjames00077
@maxjames00077 5 ай бұрын
You mean ''therefore securing Norway gets the best price possible'' I am Norwegian and this is not to 'help' Morocco.. Like someone else already said. It's more like price fixing.
@BH-gh6qm
@BH-gh6qm 5 ай бұрын
@@Borrelaas yep and now norway will own morroco... they will have to do everything norway wants them to do on the world scale
@noobienoobie6358
@noobienoobie6358 5 ай бұрын
@@BH-gh6qmwomp womp
@mrman3904
@mrman3904 5 ай бұрын
6:45 This part is exrremely important to us Norwegians. Trust is a massive part of our culture. In a store you can leave the queue if you forgot something and come back without anyone batting an eye. We trust each other enought to leave our own babies outside un-supervised. I love this country so much, and wouldn't trade living here for anything else.
@fidelkva4810
@fidelkva4810 5 ай бұрын
this is just nordic people in general
@user-ut8gh7ww9y
@user-ut8gh7ww9y 5 ай бұрын
​@@fidelkva4810also the ones in Malmo? 😅
@TeoEmil
@TeoEmil 5 ай бұрын
@@user-ut8gh7ww9y We don’t talk about Malmö or Stockholm…
@felonymelody4773
@felonymelody4773 5 ай бұрын
It will be interesting to see how our society which is built upon trust will develop with increasingly more youth crime in urban areas, most of which comes from immigrant youth...
@mrman3904
@mrman3904 5 ай бұрын
@@felonymelody4773 Yes, the immigration has definetely gone too far. I hope we don't turn into the catastrophe we now call Sweden.
@Svensdalen
@Svensdalen 4 ай бұрын
Incredible how much research went into this video. Great content!
@ac1455
@ac1455 Ай бұрын
Switzerland and Norway just keep winning since the 1800’s
@mickeskogen3184
@mickeskogen3184 Ай бұрын
Specially during the 40s😂
@regisdumoulin
@regisdumoulin 5 ай бұрын
Basically, Norway's prosperity comes down to long term planning... which is a cultural trait probably evolved over millenia as consequence to its harsh winter weather: basically, in such a climate, if you don't plan for winter, when winter comes, you die... same if you don´t help each-other when conditions get bad... so instead of spending it all now and "hoping for the best" regarding the future as so many countries do, Norway has always planned for the future, and never got its head turned by any "lottery wins"... like a person using their winning at a lottery to invest in their future as opposed to partying, buying expensive cars and so on
@sumomaster5585
@sumomaster5585 4 ай бұрын
Most sane ppl do that, it's just as he said, corrupt or short seighted politians who want immediate wins
@ollifant0168
@ollifant0168 4 ай бұрын
Well said.👍
@david7384
@david7384 4 ай бұрын
that's insanely racist
@umegaalfa5900
@umegaalfa5900 4 ай бұрын
Russia does have the same "consequences of winter" yet is not even close to being like Norway. Lol
@eurojamie
@eurojamie 4 ай бұрын
Long-term planning is not allowed under neoliberal economics, so Norway will be made to repent.
@scsutton1
@scsutton1 5 ай бұрын
I thought it's because of Erling Haaland's goal bonuses going straight into the government fund.
@jrundnygard1537
@jrundnygard1537 5 ай бұрын
Imagine
@Permuh
@Permuh 5 ай бұрын
I'm sure Norway has a way to collect tax on that as well
@InderjitSingh12
@InderjitSingh12 5 ай бұрын
Didn't his dad move to Switzerland to avoid paying taxes in Norway?
@probablykasper
@probablykasper 5 ай бұрын
​@@Permuhnah, I think the only country doing that is the USA
@x-ogaiht6300
@x-ogaiht6300 5 ай бұрын
I think the same for Magnus Carlsen, I wonder if he pays lot of taxes or has offshore to avoid them
@stephenlinton1236
@stephenlinton1236 4 ай бұрын
Excellent breakdown. Thank you.
@Oceaan25
@Oceaan25 5 ай бұрын
I love hearing about the succes of these kinds of clever foresights and cooperation.
@robbiep742
@robbiep742 5 ай бұрын
Norway is one of the most beautiful countries in the world... it's actually unsettling how extreme the beauty is when you're there.
@andreasservan9545
@andreasservan9545 5 ай бұрын
Too bad it's slowly and steadily being covered and ruined by industry and infrastructure. Only 11,5% of Norway could be considered wilderness in 2018, and the percentage is decreasing at an ever growing, alarming rate. It's a big conflict going on in the country at the moment, now that people have become aware of how extreme it has gotten. 118,500 square meters of nature is demolished EVERY DAY. It's insane, and it makes me sad...
@aeriumsoft
@aeriumsoft 5 ай бұрын
det hørtes ikke så bra ut, er du sikker
@andreasservan9545
@andreasservan9545 5 ай бұрын
@@aeriumsoft Yeah, it’s been all over NRK (the state channel) for the last month or so. The show Oppsynsmannen with Bård Tufte Johansen does a deep dive to find out how and why this is happening.
@megalonoobiacinc4863
@megalonoobiacinc4863 5 ай бұрын
@@andreasservan9545 you know norway is pretty big, typically the most damage human population does to nature is the asphalt covering cities and the food crops to supply them, and since there's not that many of us the impact isn't that great. The other big thing is dams which has always been controversial but were mostly built way back. I guess the big question these days is how much damage building out windfarms will cause, and maybe the aesthetics of long powerlines...
@knrdvmmlbkkn
@knrdvmmlbkkn 5 ай бұрын
"it's actually unsettling (...) when you're there." Unless you're used to it.
@Psrj-ad
@Psrj-ad 5 ай бұрын
as someone living in Norway; Hearing Norway even get mentioned feels like seeing your teacher outside of school.
@Stealth_Pilot
@Stealth_Pilot 5 ай бұрын
Og i en video der vi blir forklart at vi er best.
@aeriumsoft
@aeriumsoft 5 ай бұрын
lol
@jayreagan5999
@jayreagan5999 5 ай бұрын
How can I move to Norway???
@worldsmostwantedkiller
@worldsmostwantedkiller 5 ай бұрын
​@@HenricoK91or bicycle
@midloran
@midloran 5 ай бұрын
​@@jayreagan5999by an viking ark
@Styrestian
@Styrestian 4 ай бұрын
Thanks, this was great!
@LouieGrind
@LouieGrind 5 ай бұрын
Don't forget a very important factor: Norway is a really great neighbor which enables trade routes to be very stable because everyone likes them as a country. /neighboring swede.
@tomasbeltran04050
@tomasbeltran04050 5 ай бұрын
even Russia?
@msuomtv
@msuomtv 5 ай бұрын
@@tomasbeltran04050 For the most part, yeah, especially before they went invasion crazy. We have our conflicts over fishing and they did squeeze us into accepting an ocean border that favored them and they don't really agree with us when it comes to some islands, but for the most part they don't care that much. It probably helps that we have never been part of their empires (it helps that we only got a border with them after the Winter war), our border is tiny and since we haven't militarized our side the fact that it's close to their northern fleet maters less than you might think. After the invasion it has soured quite a bit with sanctions and complaints.
@tomasbeltran04050
@tomasbeltran04050 5 ай бұрын
@@msuomtv þank you
@msuomtv
@msuomtv 5 ай бұрын
@@tomasbeltran04050 No problem, and I understand why you asked, our relationship with Russia is almost unique, and I really wish Putin would stop wrecking it.
@sophieedel6324
@sophieedel6324 5 ай бұрын
Everyone likes Norway? Norway is a country of 5 million people that have isolated themselves, and kept all of Europe's riches for themselves. Many people rightly point out Norway has been war profiteering from Russia's war, getting filthy rich, while many in mainland Europe and the UK can barely afford their electric bill.
@HiDragLowSpeed
@HiDragLowSpeed 5 ай бұрын
I am not Norwegian but I live here in this country. It is not all perfect but this is a country close to being perfect. I may not be Norwegian but I definitely am proud to defend this land that I now call my home. I would never ever dare say anything bad about this country. This country and its people have given me hope and a clear vision to which path I should take. Eventually the purpose of my existence. That in itself is something good to wake up everyday for.
@NotSure7474
@NotSure7474 4 ай бұрын
What nationality are you?
@HiDragLowSpeed
@HiDragLowSpeed 4 ай бұрын
@@NotSure7474 Why do you ask?
@erenliebert4576
@erenliebert4576 4 ай бұрын
Just interested I guess
@HandsDownChinUp
@HandsDownChinUp 4 ай бұрын
You're allowed to complain about the shitty roads😂
@alejmc
@alejmc 4 ай бұрын
Lucky you (which I’m pretty sure it’s far from luck and more regarding hard work, learning the language, etc). Cheers and all the best.
@notaviking6997
@notaviking6997 4 ай бұрын
"Alexander L. Kielland" was a Norwegian-owned, French-built, semi-submersible platform in use as a residential platform on the Ekofisk field, an oil and gas field in the southern part of the Norwegian sector of the North Sea. The platform, which was named after the Norwegian writer Alexander Lange Kielland, became famous when it capsized in high seas in the Alexander L. Kielland accident on 27 March 1980. The accident was the worst in the North Sea in Norwegian territory since the Second World War and is the largest the industrial accident in Norway. Of 212 people on board, 89 survived, while 123 perished, of which 87 were found and 36 remained missing.[1] After the turnaround in 1983, a further six of the 36 missing were found.[2] Source Wikipedia
@user-pz2lt7ox1r
@user-pz2lt7ox1r 4 ай бұрын
Thank you for this video
@ihavetowait90daystochangem67
@ihavetowait90daystochangem67 5 ай бұрын
God of War is such a good game, I wish Norway was a real country
@chadgaming8071
@chadgaming8071 5 ай бұрын
it is real
@Yapgoddd
@Yapgoddd 5 ай бұрын
As a norwegian, I can confirm I’m not real
@clonecommando2125
@clonecommando2125 5 ай бұрын
nice
@nomoretears_
@nomoretears_ 5 ай бұрын
I wish AlternateLifeLore was real
@manniking233
@manniking233 5 ай бұрын
Norway is well positioned. Away from Russia. Away from the rest of Europe. Sitting on oil. Not swarmed too much by immigration. Norway was literally to make the money printer go BRRRRRR... 😂😂😂😂😂😂
@olejakobaune8033
@olejakobaune8033 5 ай бұрын
Finally a KZbin video that actually said the fact that oil only embellished an already thriving economy.
@juliuszkocinski7478
@juliuszkocinski7478 5 ай бұрын
To be fair I didn't really see anyone NOT mentioning that when talking about Norwegian economy
@hepphepps8356
@hepphepps8356 5 ай бұрын
@@user-zw8ib3rl1oNot true. Please provide SSB or similar statistics for such an outrageous claim.
@armin3057
@armin3057 5 ай бұрын
genetics is key Northern Europeans are just better
@albertkowalski5629
@albertkowalski5629 5 ай бұрын
​@@armin3057Because they had no wars. Even during World War II, Norway was spared, which could not be said about other countries. They continued to develop while others had to rebuild from the rubble or were absorbed into communism.
@manufacturedfear
@manufacturedfear 5 ай бұрын
​@@armin3057 that statement is bs
@jedim793
@jedim793 5 ай бұрын
Incredibly interesting video, thank you
@neeleswaran6841
@neeleswaran6841 3 ай бұрын
Wow. This is fascinating. Never knew any country/government could be this efficient. Thank you for the superb detailed summary
@hti5795
@hti5795 5 ай бұрын
Wow, a state that can actually do long term planning...
@TainDK
@TainDK 5 ай бұрын
due to the culture of its people... =)
@Claritism
@Claritism 5 ай бұрын
@@TainDK Naw, less people = less potential differences in opinion.
@tbird81
@tbird81 5 ай бұрын
It lacks diversity. That is its weakness.
@JM-kx7dh
@JM-kx7dh 5 ай бұрын
​@@tbird81 lol. As if
@darienmiller1032
@darienmiller1032 5 ай бұрын
@@Claritism There are countries with less people that are vastly poorer and more corrupt. There's no real correlation between population size, and likelihood political polarization in my opinion.
@donniedarko6699
@donniedarko6699 5 ай бұрын
Wow, what an informational video! I listened non-stop for 40 minutes and I have adhd so.. this was so fun
@teastrainer3604
@teastrainer3604 5 ай бұрын
Yet I keep hearing that China, which has 1.412 billion people, is doomed because its population is shrinking.
@jacekdomagala1188
@jacekdomagala1188 5 ай бұрын
I agree I also find it hard to watch 40 min videos straight
@SmolPotatowo
@SmolPotatowo 5 ай бұрын
Look up 'hyperfocusing', you might find it interesting if you have ADHD.
@callumcolquhoun8501
@callumcolquhoun8501 5 ай бұрын
Can you remover any facts from the video? 10 seconds to think about it.
@donniedarko6699
@donniedarko6699 5 ай бұрын
@@callumcolquhoun8501 you mean remember? I remember some stuff yeah
@Steve-Willie
@Steve-Willie 2 ай бұрын
Great video! 👍
@ilaat
@ilaat 4 ай бұрын
I love how you added random images from Switzerland in your video.
@paaldahl498
@paaldahl498 5 ай бұрын
As a Norwegian, this was interresting to me aswell, i didnt know about our country being wealthy for so long, i found it strange though that the fishing industry wasnt even mentioned.
@aprophetofrng9821
@aprophetofrng9821 5 ай бұрын
He mentioned it near the beginning, but only briefly to segue into how Norway got such a big merchant marine fleet.
@njsfer
@njsfer 5 ай бұрын
Me too, especially because we (I'm Portuguese) eat almost all of the codfish that you fish, but we salt it instead.
@DanFreezin
@DanFreezin 5 ай бұрын
⁠@@njsferoh, you don’t like Lutefisk? Also known as salted cod jelly…
@njsfer
@njsfer 5 ай бұрын
@@DanFreezin I never tried it but I would like to. It looks like our salted "bacalhau" (codfish). Codfish is the only salted fish that we eat here in Portugal.
@emmasophielws
@emmasophielws 5 ай бұрын
@@njsferI’m from a small town on the coast of Norway called Kristiansund and every year we have a Bacalao (we say) festival because the town was settled by fishermen from all over (i presume) and it became a long standing tradition on the coast of Norway!
@patrikcath1025
@patrikcath1025 5 ай бұрын
Western world: "Oh no we're running out of a specific resource again" Norway about to spawn a comically large deposit every single time:
@phyllislovelace8151
@phyllislovelace8151 4 ай бұрын
Thank you so much, very interesting
@AloisAlios
@AloisAlios 5 ай бұрын
Very dense insights, thanks 😊
@socalchago
@socalchago 5 ай бұрын
Your ability to explain sometihng in excrutiating detail, and then explain what you just explained in the same excutiating detail, is truly unparalleled.
@Iugeer
@Iugeer 5 ай бұрын
excruciatingly unparalleled*
@EEEEEEEE
@EEEEEEEE 5 ай бұрын
E‎‎‎‎‎‎‎‎‎‎‎‎‎‎
@sf6150
@sf6150 5 ай бұрын
It’s because it’s a ChatGPT written script
@DbugII
@DbugII 5 ай бұрын
I moved to Norway 19 years ago, and that was definitely one of the best decisions I've ever made.
@-_James_-
@-_James_- 5 ай бұрын
Hi, Mike. 😉
@DbugII
@DbugII 5 ай бұрын
Hi @@-_James_- you can be one of the two James I know, so I'm going to assume you are currently enjoying the sun in Valencia? 😉
@-_James_-
@-_James_- 5 ай бұрын
@@DbugII You guessed correct. 🙂
@gladJonas
@gladJonas 5 ай бұрын
Wholesome thread
@DbugII
@DbugII 5 ай бұрын
@@gladJonasThere are so few people in Norway, that you often bump in the very same people in very different locations :)
@zakcole2229
@zakcole2229 3 ай бұрын
So good - thank you!
@Dunwelll
@Dunwelll 5 ай бұрын
It's fascinating to learn about how Norwegian industry and culture are so closely tied.
@hevnervals
@hevnervals 5 ай бұрын
That's how it is in all countries. Corrupt cultures have corrupt businesses.
@mevans4953
@mevans4953 5 ай бұрын
Immigration is hurting Norwegian work ethic. There’s less unity
@prysin8890
@prysin8890 5 ай бұрын
Was closely tied.... The Norwegian work and social culture has been on a death spiral since the 90s. It's gotten more and more "American corporate" over the past 3 decades.
@benbong4577
@benbong4577 5 ай бұрын
​@@mevans4953bullshit lmao
@hevnervals
@hevnervals 5 ай бұрын
@@prysin8890 I'd say the opposite. Our public sector has gotten more bloated since the 90s.
@rappcu
@rappcu 5 ай бұрын
Traveling to Norway has been one of my life’s highlights. It’s beautiful, pristine, rugged, and mountainous.
@EEEEEEEE
@EEEEEEEE 5 ай бұрын
E‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎
@castof1906
@castof1906 5 ай бұрын
...Nice to hear. But you should also try to live here during the dark months.
@EEEEEEEE
@EEEEEEEE 5 ай бұрын
E‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎‎
@ivanronin8209
@ivanronin8209 5 ай бұрын
Been there to and its Cold and Dark no Sun Half of The year and Women are Boring Ugggly Feminists too ! Be honest Men ! Fact !
@theasexualguy
@theasexualguy 5 ай бұрын
I wanna move there and race change to Norwegian
@tobiastranetellefsen4203
@tobiastranetellefsen4203 27 күн бұрын
When Norway started exporting electricity down to the rest of the contintent trought cables a few years ago, the electricity became way more expensive up here wich a lot of people up here are obviously quite pissed about, including myself.
@SanePerson1
@SanePerson1 5 ай бұрын
You guys did a very nice job here. One correction: Rare earth elements are not used in batteries - at all. Many (not all) batteries use cobalt, nickel, and manganese, but not rare earth elements. Rare earth elements ARE used in EVs and wind turbines - in their motors because rare earths are great for making high-coercive field permanent magnets that are useful for high efficiency electric motors.
@nikolairoth1
@nikolairoth1 5 ай бұрын
Norway mentioned 🇸🇯🇳🇴
@cobwal
@cobwal 5 ай бұрын
NORGE
@bjarkiengelsson
@bjarkiengelsson 5 ай бұрын
Makes me want to move back
@Your_Local_Nerd
@Your_Local_Nerd 5 ай бұрын
@@bjarkiengelsson why’d you leave
@sheldontucker4287
@sheldontucker4287 5 ай бұрын
​@@Your_Local_Nerd Thats what I was thinking. Beautiful country. Beautiful Women. Very nice people.. Warm... er Nice people.
@MaQuGo119
@MaQuGo119 5 ай бұрын
Get me a trabajo por favor I want better life in EVROPA
@stevedemoe1359
@stevedemoe1359 5 ай бұрын
Had a dear friend move to Norway at the end of 4th grade. This video reminded me of my ol buddy. It’s been 25 or more years but I hope your doing good Erik!
@Boseph_Youtube
@Boseph_Youtube 5 ай бұрын
He's good and has 10x your net worth
@kenfk3794
@kenfk3794 5 ай бұрын
I know the Erik living in Oslo. He's all good, just had a baby. Don't know the other Erik
@Nappse
@Nappse 5 ай бұрын
@@kenfk3794The other one moved from Oslo to Bodø a few years ago.
@captain_context9991
@captain_context9991 5 ай бұрын
They usually dont move back once they have moved there. Go visit him.
@AfroMyrdal
@AfroMyrdal 5 ай бұрын
This is the sign that you need to make contact with Erik again! He would probably get very happy from hearing from you! 😁
@yodorob
@yodorob 2 ай бұрын
As someone living in Quebec, it strikes me that Norway has the hydro usage patterns (and aluminum factories) of Quebec, the oil/gas resources and soverign wealth fund mechanisms of Alberta, and the fjord-indented, forested, rugged, and mountainous west-facing coast (and hydro capacity) of British Columbia.
@suzanneemerson2625
@suzanneemerson2625 Ай бұрын
Interesting comparison. But land-wise, you’re so much bigger.
@yodorob
@yodorob Ай бұрын
@@suzanneemerson2625 Right, I'm not denying that either.
@chrispfitzner520
@chrispfitzner520 4 ай бұрын
Interesting video. Also, really loved the random footage of swss mountains and the German government (26:05) when talking about Norway. Quality content
@Bubajumba
@Bubajumba 5 ай бұрын
Fun fact, most americans have held Norwegian aluminum in their hands before, as its one of the main provider for apple mobile phones
@FLuFFyDawgg
@FLuFFyDawgg 5 ай бұрын
That wasn’t fun at all
@ED_T
@ED_T 5 ай бұрын
You mean from the Norsk Hydro group? Most of their factories and supply chain is completely outside of Norway
@nousername2932
@nousername2932 5 ай бұрын
😂@@FLuFFyDawgg
@LateStageCap
@LateStageCap 5 ай бұрын
Which comes in handy as the sovereign wealth fund is a major shareholder of AAPL
@ayushkumar-bg1xf
@ayushkumar-bg1xf 5 ай бұрын
lie , apple has manufacturing base majorily in asia and asian country are giants in alumunium production
@chriswondyrland73
@chriswondyrland73 5 ай бұрын
Seems to me, collective intelligence is also a rare earth source that added to the wealth of Norway. Kudos!
@xsinj16
@xsinj16 4 ай бұрын
Incredible well done thanks 💰🇳🇴
@HydroponicResources
@HydroponicResources 4 ай бұрын
Wow what an accomplishment for such a small country, thanks for sharing! 🚀
@Jannenen
@Jannenen 5 ай бұрын
This is one of the best KZbin documentaries I’ve ever seen. A lot of work went in to this. Well done!
@chrismstraete
@chrismstraete 5 ай бұрын
As a Norwegian i've seen a few videos like this before. Yours however actually has autentic facts, videos and you get all the important parts of the history correct. This must have taken you weeks to research for. Thank you🥰 (just want to add that the government's pension fund can't invest in Norwegian owned firms and is also very stricked about what it invest in. It can't invest in weapons or other bad things, rather it invest in green energy and things like that. Kinda working against it self in a way.)
@9xqspx6
@9xqspx6 5 ай бұрын
Still, Norway is one of the biggest arms exporters in the world. They are something like nr. 20 on the list.
@odins1eye
@odins1eye 5 ай бұрын
@@9xqspx6 ...AS long as we don't supply Russia and Israel, I can live with being no 20.
@kjetilho
@kjetilho 5 ай бұрын
There is a separate pension fund (Folketrygdfondet) which is funded by everyone's taxes - that fund holds Norwegian stocks, about 5% of the Norwegian stock market in fact. This includes companies like Equinor (oil), DNB (banking), Yara (fertiliser) and also some Scandinavian companies like Novo Nordisk (pharma).
@cecilsabourin9462
@cecilsabourin9462 5 ай бұрын
@@odins1eye So very,very ,sad the way Israel is being dictated over by Netinyahoo with his band of misfits in parlament . He,like trump , is up on multable charges ,so as long as he does war his thing ,he,ll avoid procecution .' His ' war is as terrible as 'poopin,s ' in Ukrane . Hopefully the masses can get him out of the president,s office and into a cell ?? 82% of Israelies are vehemitly against him and want him out .Hopefully soon .
@mxplk
@mxplk 5 ай бұрын
Norway, like Sweden, collaborated with the Nazis. It is also a non-diverse country that basically consists of Oslo and its suburbs, is intellectually shallow and has no knowledge industry.
@user-be5wl4wy7d
@user-be5wl4wy7d 3 ай бұрын
My great grandfather came from Norway. He was a merchant marine and became vice president of skarapp shipping in Conn.
@wacz0168
@wacz0168 3 ай бұрын
Easily one of the most thorough videos I have seen
@DYNOSRR
@DYNOSRR 5 ай бұрын
36:43 As someone who lives in Bergen, I'll look forward to more rainy day records.
@patriotgamer6996
@patriotgamer6996 5 ай бұрын
Crying from Askøy :(
@d.c.6942
@d.c.6942 5 ай бұрын
@@patriotgamer6996 Ikkje bedre på Alver heller ;D
@marisamartin3664
@marisamartin3664 5 ай бұрын
More than here in Washington state? Unlikely!
@CiaoMykola
@CiaoMykola 5 ай бұрын
@@patriotgamer6996 I can probably see you from my place in Nyhavn :)
@jeschinstad
@jeschinstad 5 ай бұрын
@@marisamartin3664: Norway is further north, so it also gets a lot of precipetation. Bergen especially, with 242 rainy days per year.
@JamesJohnson-kl1eu
@JamesJohnson-kl1eu 5 ай бұрын
"Norway is successful because they cooperate together" rest of the world could learn.
@muysli.y1855
@muysli.y1855 5 ай бұрын
Damn i think selfish is the way for becoming successful like US capitalism explain
@michaelsurratt1864
@michaelsurratt1864 5 ай бұрын
@@muysli.y1855lol US wealth is all owned by .1 percent of population unlike Norway
@MrStian78
@MrStian78 5 ай бұрын
100% true 🇳🇴
@KvaltorKvit
@KvaltorKvit 5 ай бұрын
Not anymore. Norway is just as corrupt as any other EU country at this point
@levitatingoctahedron922
@levitatingoctahedron922 5 ай бұрын
only works in countries that are relatively ethnically homogeneous.
@nathanielbyrne1132
@nathanielbyrne1132 5 ай бұрын
I love these videos. They are so long, and the invaluable insights and information just keep flowing.
@Nomad8585
@Nomad8585 3 ай бұрын
As a Canadian watching the video, I was awestruck at what a responsible, unified, well represented people and their government can achieve for their shared future. Norway really is leading the way and showing the world what a nation should be.
@gingi453
@gingi453 3 ай бұрын
Justin Trudeau can ruin it all, Canada could be similarly rich, but Canadians need to look for a change..learn from Norway..
@mattbenson6698
@mattbenson6698 5 ай бұрын
Norway is a true testimony to being patient, intelligent, and nonviolent and things will usually come around in your favor. As an American and a damn proud one. I admire how Norway is ran. Very smart country. With great people.
@Mosern1977
@Mosern1977 5 ай бұрын
Thanks. Even Trump wanted more Norwegian migrants to US :)
@craigslist6988
@craigslist6988 5 ай бұрын
​@@Mosern1977if he wants Norwegian immigrants to come to the US why is he running for president? 😂
@blist14ant
@blist14ant 5 ай бұрын
all hype
@LasVegar
@LasVegar 5 ай бұрын
​@@craigslist6988should have hade Bernie Sanders as president to attract nordic immigrants
@bluwasabi7635
@bluwasabi7635 5 ай бұрын
My understanding is that intraparty sabotage prevented him from winning the democratic primary. Never stood a chance.​@LasVegar
@all4ourking1
@all4ourking1 5 ай бұрын
Slartibartfast really did nail those fjords
@cimiv
@cimiv 5 ай бұрын
your comment is Vogon poetry
@thomasnicolai628
@thomasnicolai628 5 ай бұрын
Love it ❤❤
@sullisen
@sullisen 5 ай бұрын
​@@cimivmy babelfish must be malfunctioning, I'd say the comment was more like a wonderful pan galactic gargle blaster or a gig (at a safe distance of course) by Hotblack and the guys of Disaster Area
@sullisen
@sullisen 5 ай бұрын
Lol like something out of the infinite improbability drive I was like #42 on the comment as well
@cimiv
@cimiv 5 ай бұрын
@@sullisen this is what I get for searching for eccentrica gallumbits without using an incognito window
@dontwantem
@dontwantem 3 ай бұрын
Fascinating topic
@ericc6820
@ericc6820 5 ай бұрын
This is the power of cooperation and doing what is best for the group. Everyone wins, Norway wins.
@dmoney12345
@dmoney12345 5 ай бұрын
Fun Fact: Farouk Al-Kasim Farouk Al-Kasim is a geologist from Iraq that moved to Norway in 1968 - just before we discovered oil. He became instrumental in the development of Norwegian oil policy.
@simonhenry7867
@simonhenry7867 5 ай бұрын
That name rings a bell....
@KimCaspar
@KimCaspar 5 ай бұрын
Documentation?
@msuomtv
@msuomtv 5 ай бұрын
@@KimCaspar Just google him, but yeah, he did contribute quite a lot both on regulations and the more technical side, this isn't really in doubt, the guy was knighted for it. Random fact about him: after the invasion of Iraq he helped write the countrys new oil regulations.
@widodoakrom3938
@widodoakrom3938 5 ай бұрын
Interesting
@nibrobb
@nibrobb 5 ай бұрын
I was a bit let down he didn't mention Al-Kasim. He was instrumental to our discovery of oil
@StonerJames
@StonerJames 5 ай бұрын
Norway might be cold, but nowhere near as cold as Minnesota where I grew up as a kid. Norway's winters are a sauna compared to Minnesota winters. I was born here in Kristiansand, but grew up in Minnesota and moved back to Norway in 1996.
@zakolompe5659
@zakolompe5659 5 ай бұрын
Why do people think Norway is always a cold country please stfu
@TheRandomguy17
@TheRandomguy17 4 ай бұрын
Heia Norge! Alltid gøy å høre andre skryte av oss :3
@hifdzillahkohler2375
@hifdzillahkohler2375 Ай бұрын
I love Narvik and Fjell
@judeau9151
@judeau9151 5 ай бұрын
I’m new to the bandwagon.. but what you’ve built here is super impressive. 45min video on Norway gets a million views per day.. Cable TV eat ur heart out
@sjetong
@sjetong 5 ай бұрын
Every commercial brake is like designed to irritate you before sucking out your soul
@judeau9151
@judeau9151 5 ай бұрын
@@sjetong KZbin premium is the only “streaming” service I have / can afford and this comment just reaffirmed that transaction
@jasonhaven7170
@jasonhaven7170 5 ай бұрын
Bruh cable tv gets way more views and more money.
@jasonhaven7170
@jasonhaven7170 5 ай бұрын
You're broke.@@judeau9151
@benanbrnan
@benanbrnan 5 ай бұрын
did a 2months bike tour to Norway, man Norway is a gem. chill people stunning landview
@directoryerror6653
@directoryerror6653 2 ай бұрын
Civ 6 oil icon is killing me 😅 my strategy game brain makes me immediately think of securing that tile at any horrendous means 😂
@ranjanerajan
@ranjanerajan 2 ай бұрын
what a brilliant yet simple video, thank you so much, love from India
@Kameeho
@Kameeho 5 ай бұрын
Great video! You did miss a small detail in the Norwegian industry development. The Artificial Fertilizer industry, being able to process Nitrate, a energy intensive industry that spurred the developtment of many of the Hydro electric dams alongside aluminium. Infact the was before the aluminium industrt getting a foothold in Norway. Because it Norway extremely limited agricultural land, there was a heavy incentive to make them as effective as possible, one way was through Fertilizers which was dominated by the natural guano industry, which was expensive but necessary to import. And to not be reliant in this they went into the developt artificial fertilizers which came to dominate the agriculture industry today. Another thing that was also not covered is that Norway also had the most Thorium rich mountains in the entire world. Therr is a movement pushing for Nuclear energy in Norway that wishes to capitalize on this. Making much safer and more effective Thorium reactors that provide enough energy to power the entirety of europe for centuries to come. Norway has the Industry, the education and most importantly, money to developt this if they wanted. But currently its not being prioritised because of Oil and Gas just being a much cheaper alternative with pre existing infrastructure. Hopefully this will change when the Norge Mining decides to develop mines and quarreys for rare earth ad phosphate extraction.
@diazinth
@diazinth 5 ай бұрын
question remains: do we have enough engineers etc for this? :D Seems like we have some issues with oil and gas sector vacuuming them all up
@jrnandreassen3338
@jrnandreassen3338 5 ай бұрын
You are missing the point. Thorium is a mineral that we can't mine directly, and the technology for thorium reactors are non existent. Norway is a very small country and we are not even interested in being early adopters for a new technology.
@muysli.y1855
@muysli.y1855 5 ай бұрын
They don't need Nuclear in Norway they have enough energy from hydro much safer rewnewable they even export it. Their Oil is not using for energy more for products and cars which other Europe need because EVs are not selling fast enough, hope it change in the feature and we no need Oil and Gas anymore. Thorium is way more available worldwide than Uranium you have many countrys who can mine Thorium, Australia and America example which i prefer for mines there are enough dead landscap compare to Norways beautiful Nature
@Alendo
@Alendo 5 ай бұрын
Arguably, nuclear is safer than hydro, atleast according to deaths per Wh.@@muysli.y1855
@Kameeho
@Kameeho 5 ай бұрын
@@jrnandreassen3338 there are technology for thorium reactors, and many of them focusing on liquid salt have proven to be extremely safe and more efficient than traditional uranium ones. The reason Uranium eventually won out was simply the dual purpose off Uranium reactors, Energy and Nuclear weapons. Having Thorium fuelled reactors has processes and byproducts that won't allow for nuclear weaponization. And it is because of the limited knowledge of industrialization Thorium for energy use where Norway is poised to be prime candidate to pioneer the usage of this, we have the money, education and resources. If we develop how to utilize this in a cost effective manner, this allows Norway to export this very technology both in the mining and energy sector, gives Norway even more leverage to energy intensive countries as we have a solution to sort out their energy related problems. Especially considering in the green movement front, none of our renewable energy sources are able to meet thr upcoming demands of energy. Nuclear is the only viable alternative. It is afterall just as clean as green energy. There is simply not enough viable rivers and waterfalls, windswept plains and sunny fields to be able to provide a reliable and enough energy output to the ever growing demand.
@martinfitzsimons5884
@martinfitzsimons5884 5 ай бұрын
Absolutely fantastic video!! I must commend the sheer depth of detail in building up the macro picture from pulling together all the micro bits. Definitely one of the best deep dives into a topic I have ever seen! Bravo 👏
@nsr180
@nsr180 5 сағат бұрын
Very well on the informative video,I like that part about us (Eire)getting gas&oil from Norway and getting greener on their population with the the car industries
@fahimishrak2731
@fahimishrak2731 5 ай бұрын
I’m a big fan of your work and deeply appreciate the way you illuminate complex historical and modern conflicts with great care and insight. I’m writing to request a video on a subject close to my heart: the 1971 Genocide in Bangladesh. This event, pivotal for Bangladesh’s independence, led to immense loss and suffering, yet remains underrepresented in global consciousness. Your ability to present such topics with respect and depth could significantly honor the memory of the victims and educate a wide audience about its significance. A video from you on this topic would not only shed light on a crucial piece of history but also serve as a poignant reminder of the importance of remembrance and understanding. Thank you for considering my request. Your work makes a difference, and I believe this topic could greatly benefit from your thoughtful approach.
@allenhoren4446
@allenhoren4446 3 ай бұрын
Well done!
5 ай бұрын
Norway is my favourite country.I worked in Trondheim as a consultant for one year and loved the city and the people.
@Lerian_V
@Lerian_V 5 ай бұрын
In your charity, would you gift me $850 out of your consultacy payout? 😋
@donniedarko6699
@donniedarko6699 5 ай бұрын
hello! I'm curious, was it easy to get adjusted to the social life in Norway in a year, or did you have a hard time as a foreigner? I'm a foreigner in Poland and I'm looking for other options, and since it's hard for me here because of language barriers, I wanted to ask for your opinion.
@Lerian_V
@Lerian_V 5 ай бұрын
My comment was removed, lol.
@Phelixc
@Phelixc 5 ай бұрын
@@donniedarko6699 It shouldn't be too hard. We're a bit anti social, but we're welcoming to foreigners that come here for work. Many find it charming that you've chosen to come to our little country. If you're comfortable speaking English, you'll find no language barrier, outside the older population (70+) most of us are fluent in English. I've worked with several foreigners, and they've all enjoyed their experience, apart from the difficulty of getting to know the people (takes effort and a bit of luck to get close to a Norwegian, we like our privacy. But it's not impossible).
@borisgrechanichenko
@borisgrechanichenko 5 ай бұрын
@@donniedarko6699 it's impossible to socialize in Norway. Norway seems to be quite like Japan (according to what I heard about it) - you are going to stay a foreigner forever whatever you do. It is not pronounced by anybody, but it is just a fact. I live and work here for a year. I don't have even a single Norwegian friend and not even close. Some of my eastern-European colleagues live here for ten years and even more. They have already got a citizenship, the speak fluently Norwegian, even its local dialect, but the situation is the same. One of them told me that once her eldest daughter finds a boyfriend, maybe they will be able to "socialize a bit better here". PS However, Norwegians are very polite, ready to help you in case of trouble and almost all of them speak English very well. They are just extremely self-sufficient.
@Growlizing
@Growlizing 5 ай бұрын
There is a story that, the first time that Statoil was filing taxes, the tax form did not have enough space for all the digits in the tax they were gonna pay, so the guy in charge of accounting at Statoil had to walk down to the tax office to figure out how to handle it.
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