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Old 09-30-2008, 06:02 PM   #4
lucrum
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Join Date: Sep 2008
Location: Norway
Posts: 209
Default Re: Norwegian politician

Yeah, they seem to have a hard time subduing the crowd now. We keep getting the so called safetynet shoved in our face when we question norwegian authority about the crisis.

"We have 2000 billion NOK in our oil trustfund, we won't be getting in trouble"

The problem I have with that statement is the fact that this is a fund invested in the very market we now see crashing down. I don't think this fund is as large anymore as they tell us. I mean, the man responsible for investing the money gambled on Lehman Bros getting saved by the government, and thus lost a load of money when it crashed and burned.

In any case, I think at least at the moment their life is worse than of the common man. Many of us know that it ain't as simple as they portrait, and others just don't really care...or they would see.
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