Norway - Is It The Perfect Economy?: Norway's Sovereign Wealth Fund

The video discusses Norway's strategic use of its oil wealth by investing in a sovereign wealth fund, the largest in the world. This fund, owned by the citizens, invests ethically, avoiding industries like weapons and tobacco. Despite high living costs, Norwegians benefit from strong welfare systems. The video concludes that while Norway's model is exemplary, it may not be replicable elsewhere.

What are some economic challenges faced by citizens of Norway despite the wealth from the fund?

How does the high cost of living in Norway compare to the average wages?

What is the overall sentiment of Norwegian citizens regarding their high taxes and cost of living?