It annoys med that everyone misses this. in 1903, we invented the Birkeland-Eyde process, which allowed us to create fertilizer from air, using electricity. That is why the hydroelectric power was so important to begin with. It was and still is a giant export and Norway remains the leading producer. This was done by Norsk Hydro, who later also became big on hydrogen and aluminium. But the Birkeland-Eyde process is one of the most important inventions in the history of civilization. It has allowed human civilization to double in size.
I honestly don't remember if he touched on that topic or not, but should definitely be included if it wasn't. That would be the fault of mine, as I did suggest this video via Google Docs, because I found it refreshing to hear that he dismantled the "Oil wealth myth" that often gets repeated.
And according to Axel Augber, Norsk Hydro made more money in its first 40 years of existence then the norwegian state at the time.. ("vi har tjent mer penger enn hele AS Norge i samme periode.")
@@hwplugburz: That's true. :) Sam Eyde is a true Hero of Norway and it's sad that a lot of Norwegians don't know how important he was to the creation of this country.
The Birkeland-Eyde process is no longer used since more energy efficient ways have been discovered. But it was the first consistent method of creating nitric oxide which is important and the grandfather of synthetic fertilizer. Many norwegians also don't know that object oriented programming is a norwegian invention (Simula). This is pretty much the base of every computer program that is written today.
An now we just discovered the biggest natural deposit of Phosphate in the world in the eastern part of Norway; making Morocco deposits seem like pocket change... (!!!) - an addendum to the Norwegian Pension Fund Global 🙏💯❤️😎
So so true... And to think that our country was once covered by a 3 - 4 kilometer-think layer of ice, helps understanding how this precious moraine mass (or natural water filter) was deposited all over Nowways nooks and crannies - nature and geology is truly beautiful and beneficial if man could just keep his greedy fingers from it... (!!) Much love from Aalesund, Norway ❤️
What can I say....we have a LOT of water!! I sometimes watch American survival shows, there is allways this focus on storing water. No need for that in Norway, there is water everywhere! :D
That is a simplification. There have been periods where major cities have had to enforce water restrictions, banning anything from washing cars and watering gardens.
Water restrictions does not only apply to large cities. In Southern Norway, there are watering restrictions almost every summer in all the towns along the coast, and it also happens that watering with a hose is totally prohibited in periods. It is also encouraged not to wash the car and the facade if you do not absolutely have to. During these dry periods, the risk of fire is extremely high, and that is the direct reason why you have to hold back on watering, so that you have access to water should a fire break out.
I live a ten minutes walk from a lake that used to be a drinking water source. It's still kept as a back-up uf needed. We may svim and fish there, but with discretion and care.
I'm so happy that you finally see this video. I know it's a borrowed comment from the original video, but I just want to say it again "Norway is like a lottery winner who continued to work their day job".
Back in the days we even sold big ice briks to cooling to the worlds foodindustri befor the freezer /refrigerator. It was sawed out of the freshwater lakes and transported by ships 😊
Lumber was important the last 200 year. But the number one money machine was fish export for over 1000 year. At some point the fish export reach 99 percent of all the Norwegian export. This gave wealth to this country and built Bergen city. Read more about this in the history of Hansa and viking trade.
Great one Tyler, i knew u gonna like this video 😊 That big platform u saw at the end, i worked on that one for a while, when they was building it, as an industrial painter😋 They finished it off in a Fjord, that wasn't deep enough, to get up to he decks, one needed to use elevators or stairs , and if it was to windy u had to walk up, took about 5 min to walk up i think, depend on how fit u was hehe
Yeah and the amazing thing is that the visible chunk of concrete under the water surface there, is the halfway point of the total height of those columns. If you placed the Eiffel tower on the seabed next to Troll A, the antenna on top of the Eiffel tower would not even poke out of the water.
Public owned crucial industries, little to no corruption, re investment of profits back into the country and for the people..Long term planning with foreign investment. respecting the environment as much as possible.. admirable
React to Norways song to the eurovision. The eurovision is a television show hosted one time a year. Countries compete about having the best song and stage preformance. Its started in the 1950s. The show is seem by 200million poeple every year and some artist from the eurovision you sure have heard of is ABBA and Celine dion.
"Look to Norway."-President Franklyn Delano Roosevelt his famous quote. During World War II when ordinary citizens of Norway stood up to the Nazi Germans and fought back with great vigor and valor. Now and before they are ahead with hydroelectric power, fertilizer being used for electricity. What a country. One day I will make a point to visit Norway.
@@jeschinstad True. As far as offshore oil and gas production is concerned Norway is top of the class. Creative inventions like using marbles or sea water to squeeze more oil and gas out of the oil and gas fields, and having miniture unmanned oil riggs on the sea bed.
And yet, all of that wealth has only benefited corporations. But I guess that is on par for the US. Must be strange to live in a country that has the largest wealth gap of any industrialized nation, with over 37,9 million people and every 1 in 5 children living in poverty....
The rules for the oil companies/investments companies is living proof that "if you limit how much profit companies can make, they won't do anything" is utter BS. They won't pass on making a lot of money just because they are not allowed to make all the money.
Up until the mid 1980's greed was very frowned upon in Norway. While some were rich, it was very uncommon to be flashy. This changed during the second half of the 1980s when there was a lot of get rich quick MLM schemes that didn't actually produce anything. These days expensive cars and big boats are commonplace, but the distribution of wealth is still a bit more even than in many other countries due to tax and competition rules and labor protection legislation.
The next Big thing to Norway must be. Norway to develop massive phosphate deposit Norge Mining has completed an exploration, uncovering 70 billion tonnes of phosphate.
Yes, we do have alot of water and hydro electric power. downside now is that the governmenr has decided to share their power with other countries for cheap, sending the bill to their inhabitants. Example: my last bill was over 1000nok, and I barely ran my heaters and washed clothes once a week. Barely ate heated stuff, or anything requiring washing.
My guess is that this video ends with the discovery of one of the worlds largest phosphate sources on earth, giving Marocco some play for the money in that area. Norway already have a great history within fertilizer-industry through Norsk Hydro, now Yara. Phosphate will definitly up the game. The question is, can it be mined and processed in line with nature risk and climate risk concideration. I believe it can. It's a needed mineral. As regulated as Norway is - there's potential and an advantage in that. Workers rights, data collection, regulated buisness, responsible ownership. It's not best in class, but it's definitly better than some other places on this planet.
Wow im early! I will say, i embarrassingly didn't know of our wealth before the oil either 😅 I knew we were standing on our own feet by the time of the 20th century, but wo
Too be completly honest. Same. But it's not been talking about so much. Everyone has been talking about Norway was a poor at best little bit less then average country before we found the oil, but this is completly wrong? I will take further look into this. But didn't know that we was one of the richest countries in the earlier days? And for the future after discovering one of the biggest Phosphate fields in the world that's going too be our next gold adventure along with the oilfund that already exist. We have hit the jackpot four times (lumber, hydropower, oil and phosphate), but still working and paying taxes for it like it never existed. (No complaint about that - i like it the way Norwegian government has taken care of the financly.) Btw! Like somone else has mention it. We had a great benefits from the hydro electricty, but after connected with EU and ACER (i did warn about this) the electricty prices did skyrock. It wen't so crazy that the norwegian people demanded support by the government. So they are now supporting every household everything above 91,25 cents kroner ($0,09) per kwh with 90% after fees. Hour-by-hour. Because the prices could some hours skyrock too $1.00 kwh. Alot of people couldn't afford that. So they had too be doing that specially when we figured out how much the country was making on the crisis. They will continue too having this support at least till 2025. Hopefully they will have this permantly. I hope so. Norway the country has the money to do that in worse case scenario we have the fiscal rule from the oilfund that could support the norwegians. After been paying so much money into the oilfund i belive we the norwegian deserve that kinda stability and we have made norway so wealthy. If this would go away i bet that alot of people would be very worry about their own financly stability and would be saving alot more. After the electricty crisis went up for $1.00 kwh i did cut down too absolute minimum. That's the first time in my lifetime i had been really worry about having enough for electricty bill, rental and food. That was nasty feeling. I will never experience that ever again! So i cut down too absolute minimum for years. Even though it was just $1.00 for few hours. But if that would happend again i'm at least prepared for it.
Up until we became an independent country there was a lot of poverty among the population, which is part of the reason why so many Norwegians fled to America during the 1800's. But Norway itself as a nation was always wealthy in terms of tax revenue due to the many successful ventures such as shipping and forestry, which is why ownership of Norway were always attractive for Denmark and Sweden. The wealth of the common Norwegian would improve greatly after its independence, especially after the labor revolts 'dethroned' the 'capitalistic rule' in the 1930's.
@@ShadowTani It is wild to think that there are as many people with Norwegian ancestors living in America as in Norway. The country could need this workforce itself. To replace those who left, we are now bringing in people who are not brought up to contribute in the same way that Norwegians are brought up. If this development is not slowed down, everything our ancestors did for the country may be wasted. The legacy must be carried on by people who know what is at stake. Only Norwegians who have been taught history know that. Unfortunately, the younger generation is completely ignorant. They believe that everything is luck, and that anyone can run the country with the same prudence into the future.
@@ahkkariq7406 I'm sorry, but parts of that sentiment is pretty narrow minded and also based on an incorrect assessment. Norwegian culture isn't so weak and fragile that foreign cultures retain their hold on the future generations; by the third generation there is little difference in cultural values to an ethnic Norwegian. Any difference in sense of national belonging to Norway will at that point primarily only be disrupted by those who look at ethnicity before an individuals cultural values. This is why a mindset of segregation rather than one of inclusion is self-defeating. The primary problem is that there's poor integration of first generation immigrants since both sides of the political spectrum puts little effort into improving it, even the right tends to focus on the reduction of immigration rather than improving the quality of it. This means there's a cap on how big an influx of immigration that the society can reasonable handle at a time, but despite this immigration can still be considered an investment towards future generations.
not sure if this is true, but when they divided Skagerak (the ocean between Norway and Denmark), was the Dane not drunk or tipsy? and the Norwegian delegate just made a big "dent" in the line, favoring Norway and the Dane drunkingly accepted the proposal? 🤣 (I heard this from a friend of mine who is Danish but I have no clue if it's accurate)
REACT to the movie "Nordsjøen" or translated "The burning sea" Its a movie about a norwegian oil rig. I thought it was very interesing. Would love to see😊
The video is available for you to see it yourself, or wait to watch the videos for a few days, until he has reacted to all of them, then you can watch them all at once. It's a lot to take in in a short amount of time for people who don't already know parts of the story, so I understand that he's breaking it up. RUclips is also a source of income for many, and the more videos, the greater the income. Especially when you have relatively few followers, it is important to break it up into many, small videos. I have great respect for people trying to make a living on RUclips. They contribute to entertainment for the rest of us.
@@ImDrizzt Yeah, both fertilizer and aluminium production are energy intensive products that can only be produced in nations like Norway where electricity is both cheap and abundant. The average household have high consumption as well, but that's only because we've always been on the bleeding edge of technological progress.
Norway, Netherland and Switzerland alone can fuel the entire worlds need for electrisity for the next generations building up hydroelectrisity to latest tech and expanding powerlines. Why we cant do this is the everlasting problem with grids and battery capasitys
We did benefit alot from our hydropower. But after we started supplying EU with energy, the prices went through the roof. 3-4 years ago electricity was almost free in Norway. Monthly bill of mabye 50-100 usd has turned into 2-300 after we connected to the EU market. And at the same time the owners of the private companies using the norwegian peoples natural resources are taking out millions in bonuses etc. If they tried what they have accomplished now 40 years ago they would have been tried for treason
No, electricity was never almost free in Norway, until September last year, when it was literally free. You call it treason when we invest in the future today, because you just want to reap the benefits of investments made by previous generations. I'm not going to call you a traitor, because I reserve that kind of language. But it sure isn't respectful to the people who gave you what you have today.
That is not entirely correct. The problem is the lack of a proper national grid linking the power from the north of Norway to the grid in the south, and vice versa. Had that been in place, cause very often the temperature and weather is different in the north and south on the same day, energy could have been transported to the region with the coldest weather that day. Another problem is that the southern grid, the west, south and east of southern Norway not only is connected to Sweden by landlines, and mainland Europe by oceanic cable, but also provides hydro power for oil and gas riggs in the North Sea. Because of this southern Norway has a higher demand of electricity. Not so much because of the export of power, cause usually when it is very cold in mainland Europe, it is warmer in Southern Norway, and vice versa. It is mainly the high demand of the oil and gas installations in the North Sea that pushes the electricity prices up in southern Norway. The power that is being exported through the cables is surplus power, which depending on the demand in Europe can be either cheap or expencive. But the main problem with the Southern grid is the constant high demand for electric power to the North Sea installations, the increase in demand from more and more electric cars and gadgets, and too slow establishing rate for new power sources. Whether that be hydro power, windmills or other sollutions. The Southern grid is currently not self-sufficient. Demand is higher than supply most days. Another problem is that higher demand creates a need for stronger infrastructure with higher capacity of power. And now we are talking either so called monster masts or a wider grid. Either the masts have to be bigger to hold more cables, or there have to be more of them. Either way these costs to improve and update the grid will be reflected in the price. In Norway it is called nettleie, and is the part of the electricity bill which does not change with demand. It is guided by the cost of maintaining and building out the grid that transport the electricity to the customer.
Calling them private companies is... Not really a fair statement. The entities who own these electricity production companies are municipalities and county municipalities (approximately 57%), the state of Norway (approximately 30%) and private companies (approximately 13%). In other words the profits of these increased prices largely go back to the country of Norway, locally or centrally, not private interests.
And giving away what they made for us to europeans is right? Because that is what they are doing. We have voted NO to EU membership twice. Yet our politicians bend their ass over to European overlords the people want nothing to do with @@jeschinstad
Ffs…we’re not BECOMING one of the richest countries, we HAVE BEEN one of the richest countries in the last decade, and we are currently moving DOWN the list.
If Ekofisk had been discovered through the expertise of a corporation from any country not named The United States of America, Tyler aka Dumbo aka Panderer would have slathered it with praise.
And if Joan aka Silvia aka deluded American could only not feel so threatened by a small Nordic nation, we would all have a much more pleasant comments sections ;)
He repeats to confirm he understands the information. It's a lot. And some of it is very different from a casual knowledge of business. I don't know Tyler's background, but every time he says I'm just an average american, I say Nope, you're not. :)
Because too memorise everything you should actually repeat it too your self. Either with spoken words or towards thoughts. It's even better too memorise things when you are talking about it like he do. This has been confirmed by sciences. And like the title are saying: He is an american reacts to why Norway is so wealthy. If you don't like it. Don't watch reacting videos.
Tyler is not an average american. He is learning about the world. This is not his only channel. And we can hear that he is learning. We like his videos❤
Norway was rich in taking out most whales in antartica,making cockingbutter,thans to a norwegian invention,explosive harpoon, that could kill even bluewhal,almost to extinsion.
It annoys med that everyone misses this. in 1903, we invented the Birkeland-Eyde process, which allowed us to create fertilizer from air, using electricity. That is why the hydroelectric power was so important to begin with. It was and still is a giant export and Norway remains the leading producer. This was done by Norsk Hydro, who later also became big on hydrogen and aluminium. But the Birkeland-Eyde process is one of the most important inventions in the history of civilization. It has allowed human civilization to double in size.
I honestly don't remember if he touched on that topic or not, but should definitely be included if it wasn't.
That would be the fault of mine, as I did suggest this video via Google Docs, because I found it refreshing to hear that he dismantled the "Oil wealth myth" that often gets repeated.
And according to Axel Augber, Norsk Hydro made more money in its first 40 years of existence then the norwegian state at the time.. ("vi har tjent mer penger enn hele AS Norge i samme periode.")
@@hwplugburz: That's true. :) Sam Eyde is a true Hero of Norway and it's sad that a lot of Norwegians don't know how important he was to the creation of this country.
The Birkeland-Eyde process is no longer used since more energy efficient ways have been discovered. But it was the first consistent method of creating nitric oxide which is important and the grandfather of synthetic fertilizer.
Many norwegians also don't know that object oriented programming is a norwegian invention (Simula). This is pretty much the base of every computer program that is written today.
An now we just discovered the biggest natural deposit of Phosphate in the world in the eastern part of Norway; making Morocco deposits seem like pocket change... (!!!)
- an addendum to the Norwegian Pension Fund Global 🙏💯❤️😎
"Kinetic energy -just sitting there" is the best line ever.
No, that would be potential energy. Kinetic energy demands motion.
When Norwegians go out skiing, they know it is on next years supply of drinking water and electricity :p ;)
Filtered by the moraines filled with till - making the Voss, Imsdal, etc. mineral water we also export :p
So so true... And to think that our country was once covered by a 3 - 4 kilometer-think layer of ice, helps understanding how this precious moraine mass (or natural water filter) was deposited all over Nowways nooks and crannies - nature and geology is truly beautiful and beneficial if man could just keep his greedy fingers from it... (!!)
Much love from Aalesund, Norway ❤️
What can I say....we have a LOT of water!! I sometimes watch American survival shows, there is allways this focus on storing water. No need for that in Norway, there is water everywhere! :D
Yep. We've got lots of water and lots of vertical terrain making that water move quickly.
That is a simplification. There have been periods where major cities have had to enforce water restrictions, banning anything from washing cars and watering gardens.
@@Tvjunkieful12 That's true, but I don't live in a city rigth now. I have too much water. :D
Water restrictions does not only apply to large cities. In Southern Norway, there are watering restrictions almost every summer in all the towns along the coast, and it also happens that watering with a hose is totally prohibited in periods. It is also encouraged not to wash the car and the facade if you do not absolutely have to. During these dry periods, the risk of fire is extremely high, and that is the direct reason why you have to hold back on watering, so that you have access to water should a fire break out.
I live a ten minutes walk from a lake that used to be a drinking water source. It's still kept as a back-up uf needed. We may svim and fish there, but with discretion and care.
I'm so happy that you finally see this video.
I know it's a borrowed comment from the original video, but I just want to say it again "Norway is like a lottery winner who continued to work their day job".
Back in the days we even sold big ice briks to cooling to the worlds foodindustri befor the freezer /refrigerator. It was sawed out of the freshwater lakes and transported by ships 😊
btw here is an video u might like Tyler, about Norway's merchant navy , before and during WW 2 😊👍
Lumber was important the last 200 year. But the number one money machine was fish export for over 1000 year. At some point the fish export reach 99 percent of all the Norwegian export. This gave wealth to this country and built Bergen city. Read more about this in the history of Hansa and viking trade.
Norway is also known for heavy water
We are known for hydrogen production. Heavy water is a natural waste product after electrolysis.
Great one Tyler, i knew u gonna like this video 😊 That big platform u saw at the end, i worked on that one for a while, when they was building it, as an industrial painter😋 They finished it off in a Fjord, that wasn't deep enough, to get up to he decks, one needed to use elevators or stairs , and if it was to windy u had to walk up, took about 5 min to walk up i think, depend on how fit u was hehe
Yeah and the amazing thing is that the visible chunk of concrete under the water surface there, is the halfway point of the total height of those columns. If you placed the Eiffel tower on the seabed next to Troll A, the antenna on top of the Eiffel tower would not even poke out of the water.
Public owned crucial industries, little to no corruption, re investment of profits back into the country and for the people..Long term planning with foreign investment. respecting the environment as much as possible.. admirable
React to Norways song to the eurovision. The eurovision is a television show hosted one time a year. Countries compete about having the best song and stage preformance. Its started in the 1950s. The show is seem by 200million poeple every year and some artist from the eurovision you sure have heard of is ABBA and Celine dion.
"Look to Norway."-President Franklyn Delano Roosevelt his famous quote. During World War II when ordinary citizens of Norway stood up to the Nazi Germans and fought back with great vigor and valor. Now and before they are ahead with hydroelectric power, fertilizer being used for electricity. What a country. One day I will make a point to visit Norway.
Americans have been the petroleum engineer experts from the beginning.
Yes, they had a century's head start. Didn't take long for Norwegians to catch up though.
@@jeschinstad True. As far as offshore oil and gas production is concerned Norway is top of the class. Creative inventions like using marbles or sea water to squeeze more oil and gas out of the oil and gas fields, and having miniture unmanned oil riggs on the sea bed.
And yet, all of that wealth has only benefited corporations. But I guess that is on par for the US. Must be strange to live in a country that has the largest wealth gap of any industrialized nation, with over 37,9 million people and every 1 in 5 children living in poverty....
The rules for the oil companies/investments companies is living proof that "if you limit how much profit companies can make, they won't do anything" is utter BS. They won't pass on making a lot of money just because they are not allowed to make all the money.
Up until the mid 1980's greed was very frowned upon in Norway. While some were rich, it was very uncommon to be flashy. This changed during the second half of the 1980s when there was a lot of get rich quick MLM schemes that didn't actually produce anything. These days expensive cars and big boats are commonplace, but the distribution of wealth is still a bit more even than in many other countries due to tax and competition rules and labor protection legislation.
The next Big thing to Norway must be.
Norway to develop massive phosphate deposit
Norge Mining has completed an exploration, uncovering 70 billion tonnes of phosphate.
When is it gonna touch on the selling fish thingy?
Yes, we do have alot of water and hydro electric power. downside now is that the governmenr has decided to share their power with other countries for cheap, sending the bill to their inhabitants. Example: my last bill was over 1000nok, and I barely ran my heaters and washed clothes once a week. Barely ate heated stuff, or anything requiring washing.
Only 1000 NOK, you are lucky… we have avg 3000 NOK per month
And then we have Kongsberg Gruppen and NAMMO....
how much for the fish?
You're gonna finish the series on this video, right ?
Part 3 when? :)
My guess is that this video ends with the discovery of one of the worlds largest phosphate sources on earth, giving Marocco some play for the money in that area.
Norway already have a great history within fertilizer-industry through Norsk Hydro, now Yara. Phosphate will definitly up the game. The question is, can it be mined and processed in line with nature risk and climate risk concideration. I believe it can. It's a needed mineral. As regulated as Norway is - there's potential and an advantage in that. Workers rights, data collection, regulated buisness, responsible ownership. It's not best in class, but it's definitly better than some other places on this planet.
I hope next video will share the phosphate discovery in Norway. Might be the largest in the world.
Solving many problems in agriculture...
Wow im early!
I will say, i embarrassingly didn't know of our wealth before the oil either 😅
I knew we were standing on our own feet by the time of the 20th century, but wo
Too be completly honest. Same. But it's not been talking about so much. Everyone has been talking about Norway was a poor at best little bit less then average country before we found the oil, but this is completly wrong? I will take further look into this. But didn't know that we was one of the richest countries in the earlier days?
And for the future after discovering one of the biggest Phosphate fields in the world that's going too be our next gold adventure along with the oilfund that already exist.
We have hit the jackpot four times (lumber, hydropower, oil and phosphate), but still working and paying taxes for it like it never existed. (No complaint about that - i like it the way Norwegian government has taken care of the financly.)
Btw! Like somone else has mention it. We had a great benefits from the hydro electricty, but after connected with EU and ACER (i did warn about this) the electricty prices did skyrock.
It wen't so crazy that the norwegian people demanded support by the government. So they are now supporting every household everything above 91,25 cents kroner ($0,09) per kwh with 90% after fees. Hour-by-hour. Because the prices could some hours skyrock too $1.00 kwh. Alot of people couldn't afford that. So they had too be doing that specially when we figured out how much the country was making on the crisis. They will continue too having this support at least till 2025. Hopefully they will have this permantly. I hope so. Norway the country has the money to do that in worse case scenario we have the fiscal rule from the oilfund that could support the norwegians. After been paying so much money into the oilfund i belive we the norwegian deserve that kinda stability and we have made norway so wealthy. If this would go away i bet that alot of people would be very worry about their own financly stability and would be saving alot more.
After the electricty crisis went up for $1.00 kwh i did cut down too absolute minimum. That's the first time in my lifetime i had been really worry about having enough for electricty bill, rental and food. That was nasty feeling. I will never experience that ever again! So i cut down too absolute minimum for years. Even though it was just $1.00 for few hours. But if that would happend again i'm at least prepared for it.
Up until we became an independent country there was a lot of poverty among the population, which is part of the reason why so many Norwegians fled to America during the 1800's. But Norway itself as a nation was always wealthy in terms of tax revenue due to the many successful ventures such as shipping and forestry, which is why ownership of Norway were always attractive for Denmark and Sweden. The wealth of the common Norwegian would improve greatly after its independence, especially after the labor revolts 'dethroned' the 'capitalistic rule' in the 1930's.
@@ShadowTani
It is wild to think that there are as many people with Norwegian ancestors living in America as in Norway. The country could need this workforce itself. To replace those who left, we are now bringing in people who are not brought up to contribute in the same way that Norwegians are brought up. If this development is not slowed down, everything our ancestors did for the country may be wasted. The legacy must be carried on by people who know what is at stake. Only Norwegians who have been taught history know that. Unfortunately, the younger generation is completely ignorant. They believe that everything is luck, and that anyone can run the country with the same prudence into the future.
@@ahkkariq7406 I'm sorry, but parts of that sentiment is pretty narrow minded and also based on an incorrect assessment. Norwegian culture isn't so weak and fragile that foreign cultures retain their hold on the future generations; by the third generation there is little difference in cultural values to an ethnic Norwegian. Any difference in sense of national belonging to Norway will at that point primarily only be disrupted by those who look at ethnicity before an individuals cultural values. This is why a mindset of segregation rather than one of inclusion is self-defeating.
The primary problem is that there's poor integration of first generation immigrants since both sides of the political spectrum puts little effort into improving it, even the right tends to focus on the reduction of immigration rather than improving the quality of it. This means there's a cap on how big an influx of immigration that the society can reasonable handle at a time, but despite this immigration can still be considered an investment towards future generations.
@@ShadowTaniTHIS!! THANK YOU❤
Norway is progressiv in many ways.
Tyler 55 years ago when they found oil in 1969 my birth year.
Oh the poor (in 2 ways) Danes 😂 They did a swap for some territory 😂
not sure if this is true, but when they divided Skagerak (the ocean between Norway and Denmark), was the Dane not drunk or tipsy? and the Norwegian delegate just made a big "dent" in the line, favoring Norway and the Dane drunkingly accepted the proposal? 🤣 (I heard this from a friend of mine who is Danish but I have no clue if it's accurate)
We did the Oil thing much different ❤😂
Denmark gave us a good chunk of sea are. They didn't find it interesting. We found a lot of oil there
Thanks to Danish foreign minister Per Hækkerup who wasn't in top shape that day.
REACT to the movie "Nordsjøen" or translated "The burning sea" Its a movie about a norwegian oil rig. I thought it was very interesing. Would love to see😊
You most travle to the oil museum in stavanger
Please do the hole video in one go ❤
Never gonna happen on this channel
The video is available for you to see it yourself, or wait to watch the videos for a few days, until he has reacted to all of them, then you can watch them all at once. It's a lot to take in in a short amount of time for people who don't already know parts of the story, so I understand that he's breaking it up.
RUclips is also a source of income for many, and the more videos, the greater the income. Especially when you have relatively few followers, it is important to break it up into many, small videos. I have great respect for people trying to make a living on RUclips. They contribute to entertainment for the rest of us.
The demand for electricity is coming from a mere 5.4 million people.
IF YOU PAYED MORE ATTENTION, UD REALIZE WE BUILD MONSTER FACTORIES THAT NEEDS INSANE AMOUNT OF ELECTRICITY TOO, OMG MY CAPS KEY IS STUCK
@@ImDrizztand we sell electricity to all over Europe.
@@ImDrizzt Yeah, both fertilizer and aluminium production are energy intensive products that can only be produced in nations like Norway where electricity is both cheap and abundant. The average household have high consumption as well, but that's only because we've always been on the bleeding edge of technological progress.
Yeah, we have no industry at all, as stated several times in this very video🙄
Norway, Netherland and Switzerland alone can fuel the entire worlds need for electrisity for the next generations building up hydroelectrisity to latest tech and expanding powerlines. Why we cant do this is the everlasting problem with grids and battery capasitys
But this movie you are looking at is a bit faulty, as our main wealth has always been fishing and our way of taking care of fishing fields.
We did benefit alot from our hydropower. But after we started supplying EU with energy, the prices went through the roof. 3-4 years ago electricity was almost free in Norway. Monthly bill of mabye 50-100 usd has turned into 2-300 after we connected to the EU market. And at the same time the owners of the private companies using the norwegian peoples natural resources are taking out millions in bonuses etc. If they tried what they have accomplished now 40 years ago they would have been tried for treason
No, electricity was never almost free in Norway, until September last year, when it was literally free. You call it treason when we invest in the future today, because you just want to reap the benefits of investments made by previous generations. I'm not going to call you a traitor, because I reserve that kind of language. But it sure isn't respectful to the people who gave you what you have today.
That is not entirely correct. The problem is the lack of a proper national grid linking the power from the north of Norway to the grid in the south, and vice versa. Had that been in place, cause very often the temperature and weather is different in the north and south on the same day, energy could have been transported to the region with the coldest weather that day. Another problem is that the southern grid, the west, south and east of southern Norway not only is connected to Sweden by landlines, and mainland Europe by oceanic cable, but also provides hydro power for oil and gas riggs in the North Sea. Because of this southern Norway has a higher demand of electricity. Not so much because of the export of power, cause usually when it is very cold in mainland Europe, it is warmer in Southern Norway, and vice versa. It is mainly the high demand of the oil and gas installations in the North Sea that pushes the electricity prices up in southern Norway. The power that is being exported through the cables is surplus power, which depending on the demand in Europe can be either cheap or expencive. But the main problem with the Southern grid is the constant high demand for electric power to the North Sea installations, the increase in demand from more and more electric cars and gadgets, and too slow establishing rate for new power sources. Whether that be hydro power, windmills or other sollutions. The Southern grid is currently not self-sufficient. Demand is higher than supply most days.
Another problem is that higher demand creates a need for stronger infrastructure with higher capacity of power. And now we are talking either so called monster masts or a wider grid. Either the masts have to be bigger to hold more cables, or there have to be more of them. Either way these costs to improve and update the grid will be reflected in the price. In Norway it is called nettleie, and is the part of the electricity bill which does not change with demand. It is guided by the cost of maintaining and building out the grid that transport the electricity to the customer.
Calling them private companies is... Not really a fair statement. The entities who own these electricity production companies are municipalities and county municipalities (approximately 57%), the state of Norway (approximately 30%) and private companies (approximately 13%). In other words the profits of these increased prices largely go back to the country of Norway, locally or centrally, not private interests.
And giving away what they made for us to europeans is right? Because that is what they are doing. We have voted NO to EU membership twice. Yet our politicians bend their ass over to European overlords the people want nothing to do with @@jeschinstad
strange that we didnt have that problem and the prices we have today before ACER then🤔 @@Tvjunkieful12
Ffs…we’re not BECOMING one of the richest countries, we HAVE BEEN one of the richest countries in the last decade, and we are currently moving DOWN the list.
Do you want to come visit?
D you ever read anything ?
Have you heared about more countries. There is many others. You are alway saying that you didnt know.
Norway whaling,feed a warthorn europe butter,margari n, made of whale blubber
Hunting bluewhales almost to ectinxinsion in the the 50 fiftis.
Any idea of the demographics among the viewers of these videos? 90-95% Norwegians? 🙂
First. Lol.
If Ekofisk had been discovered through the expertise of a corporation from any country not named The United States of America, Tyler aka Dumbo aka Panderer would have slathered it with praise.
And if Joan aka Silvia aka deluded American could only not feel so threatened by a small Nordic nation, we would all have a much more pleasant comments sections ;)
Why are you repeating every word that has been said as your own?
He repeats to confirm he understands the information. It's a lot. And some of it is very different from a casual knowledge of business. I don't know Tyler's background, but every time he says I'm just an average american, I say Nope, you're not. :)
Because he's smart and inteligent, that's how you memorize and learn. How do you do that?
yeah, dont be shitty.
it's to affirm that he understood the information.
Because too memorise everything you should actually repeat it too your self. Either with spoken words or towards thoughts.
It's even better too memorise things when you are talking about it like he do. This has been confirmed by sciences.
And like the title are saying: He is an american reacts to why Norway is so wealthy.
If you don't like it. Don't watch reacting videos.
Tyler is not an average american. He is learning about the world. This is not his only channel. And we can hear that he is learning. We like his videos❤
Norway was rich in taking out most whales in antartica,making cockingbutter,thans to a norwegian invention,explosive harpoon, that could kill even bluewhal,almost to extinsion.