You Won't Believe How THIS Country Is Becoming the Richest in the World!

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  • Опубликовано: 27 сен 2024
  • Norway is on its way to becoming one of the richest countries in the world, thanks to its vast oil and gas reserves. The country has been smart about managing its wealth by investing profits from oil into a huge savings fund, known as the Government Pension Fund Global, which is now worth over a trillion dollars. Norway also has a strong welfare system, providing free healthcare and education to its citizens. Even though the country is rich in resources, it’s also a leader in renewable energy, working toward a greener future. The state encourages innovation, creating new jobs in tech and sustainable industries.

Комментарии • 2

  • @gregkahele154
    @gregkahele154 День назад

    And they don't go all over the World making WAR, like the US and UK, both of which, I might add, are inundated with homeless people. I can tell you about the homeless in America, where I live, but, on a recent visit, I was stunned to see homeless people in the UK, sleeping on the sidewalk and in shop doorways at night. I had never encountered that before. Shame on them! What does the UK do with it's wealth also earned from the North Sea Oil? I would love to know! Was it squandered?

    • @wavesdiscovery
      @wavesdiscovery  День назад

      It's true that homelessness is a significant issue in both the US and the UK. Despite their wealth, social and economic factors like housing shortages and mental health challenges contribute to the problem. The UK did invest some of its North Sea oil revenues, but comparisons with countries like Norway raise questions about long-term wealth management. Both nations have work to do in addressing homelessness and poverty.