Three days ago I arrived in Bergen, second largest city and most important port in Norway. The country is more socialist than the United States and it has been the media's golden child as the best economic model in the world amid the financial crisis.
Arriving here, I can say, the country is no doubt beautiful and clean. The society is the most educated in the world but the taxes are high and the goods expensive. Norway has a couple advantages the U.S.A. does not. First, it brings in huge amounts of Oil Revenue of its coast which it saves in a large Government operated fund. Second, only 5 million people occupy Norway.
Norway dreads the day the Oil runs out, and that is exactly one of the topics I'll be studying here during the next two weeks.
As my studies continue, I will try to analyze the successes and failures of the socialist model this country uses, and go into more detail about the system from a first hand point of view.
No comments:
Post a Comment