House prices only go up

[DimPrawn]

Norway got oil and gas, there will never be any trade barriers to those commodities, so they could stay out of EU and keep all the money, smart move on their part.

In contrast successive UK govts (usually Labour) pissed up the wall the oil and gas profits, and joined the EU in order to restrict our global trade, and saddle us with red tape and costly EU membership fees in return for uncontrolled immigration. Nice one.

[PurpleGorilla]

In contrast successive UK govts (usually Labour) pissed up the wall the oil and gas profits, and joined the EU in order to restrict our global trade, and saddle us with red tape and costly EU membership fees in return for uncontrolled immigration. Nice one.

There's a lot of truth there DP.

[lukemg]

it's worse than that, Norway setup a sovereign fund for a proportion of the oil revenue to be invested because - of course, it won't last forever so future generations should benefit.
This is now one of the largest funds on the planet and makes Norway virtually immune from the global economy and can pay for huge amounts of the central government costs, education etc.
Ours is invested in.....errr, benefit payments ???

[AtW]

it's worse than that, Norway setup a sovereign fund for a proportion of the oil revenue to be invested because - of course, it won't last forever so future generations should benefit.
This is now one of the largest funds on the planet and makes Norway virtually immune from the global economy and can pay for huge amounts of the central government costs, education etc.
Ours is invested in.....errr, benefit payments ???

Yes that, and if the times get tough again then can send vikings to raid Britain again...

[PurpleGorilla]

Ours is invested in.....errr, benefit payments ???

You mean early retirement...