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[return to "Can a Country Be Too Rich? Norway Is Finding Out"]
1. Vinnl+e6[view] [source] 2025-07-29 14:05:31
>>obscur+(OP)
> But recently, cracks have been starting to show. Norwegians are taking much more sick leave than a decade ago, driving up costs for health services. Student test scores have worsened more than in other Scandinavian countries, and critics of the government say there are too many boondoggle tunnels and bridges to nowhere.

These are the issues they're worried about? None of the numbers I saw while scanning look particularly worrying, and I doubt there's ever been a country on the face of this planet for which you wouldn't have been able to produce a similar list of issues of this magnitude - including past Norway.

They're worth paying attention to, but not sounding the alarm bells over.

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2. onlyre+gf[view] [source] 2025-07-29 14:48:18
>>Vinnl+e6
If every person in Norway is worth $100M - who's going to wait the tables and bring them coffee and service their boats and clean their houses while they sail around and be leisurely all day?

Who's going to tend to the ski lifts and the golf courses? Who's going to take care of their polo horses? Who's going to clean the streets and work at the police stations? Who's going to keep the grid running? Who's going to work the ports to import everything? Who's going to drive the delivery trucks and put everything in it's place upon arrival?

It's blatantly obvious that you can't have a society where everyone is "rich", unless you have a second class of citizens to wait on them.

Robots aren't advanced enough yet.

While in some ways Norway is laughably far from this scenario, in other ways, their sovereign wealth fund is less about a decade away from everyone being a millionaire - which, theoretically, should allow everyone to not work and have a decent life - but obviously will not (unless they import second class citizens, that aren't ever allowed access to the wealth fund, and have to do all the work).

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3. rwmj+tj[view] [source] 2025-07-29 15:09:54
>>onlyre+gf
The real numbers are $340,000 per person, not $100M. It's an income stream of about $10-$13,000 per person at a reasonable SWR.
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