Norway - 1. U.S.A - 0.

Norway is doing something right.  With the largest recession since the Great Depression, Norway’s economy expanded by almost 3% last year and its government currently has a surplus of 11% of GDP and is debt free.  Wow!  The U.S. on the other hand aren’t so impressive.  The U.S. government will be racking up a deficit of 12.9% of GDP this year and it will grow its debts to $11 trillion (that’s a lot of zeros), which is roughly 65% of its entire economy.  On top of all this, unemployment in Norway is 3% vs. 8.9% in the U.S.

One thing that contributes to Norway’s strong economic performance is the large amount of oil it continually exports and will continue to export into the foreseeable future.  Also, the Government has intelligently and ethically invested Norway’s pension fund, which has put it to a worth of USD$ 300 billion or USD$ 62 000 per capita making it the largest capital reserve per capita in the world.

Norway thinks as a whole unlike the U.S. where it is survival of the fittest which has lead to people bettering themselves at the expense of others.  That way of thinking brought the U.S. economy to where it is now.  Rock bottom.  Norway knows how to think.  The future relies on people making actions that better themselves, but not at the expense of others and Norway, among many other European countries, has known this for some time.  Norway is a free market economy, but at the same time it is somewhat of a socialist state.  This allows for the proper allocation of resources while allowing for betterment of all people.  Not just the rich and famous.

Case in point.  Go Norway.  Boo the U.S.  We can learn from cases like Norway.  And if we don’t I think we are doomed.

Check out how beautiful Norway is:

Who wants to move?