Brad / vivere militare est
@lngeconomist
Process Engineer | Project Facilitator | Energy Economist | #commodities #LNG #Hydrogen #ONGT #OOTT #oil #natgas #lithium #potash #hamradio #nuclear
ID: 346696663
01-08-2011 18:00:10
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Max Chandler-Mather Norway invests in the industry, they underwrite and subsidise corporate profits you fool. The Australian gov has no financial stake in these projects. There are many other factors which make your pathetic leftist Norway comparison to be laughable, but you wouldn't understand.
Max Chandler-Mather Ever wonder why all the rich productive people who know how to create wealth are leaving norway. Socialists only know how to take but never make. Eventually you run out of other peoples money to redistribute then the hunger games always follow.
Max Chandler-Mather Who owns Equinor (Statoil)? You leave that bit out don’t you. That the state developed the resource.
Max Chandler-Mather Norway’s oil and gas industry is essentially a nationalised industry and the capital investment was largely govt funded. Not in Australia, Your simplistic comparison shows your economic illiteracy. Maybe that was okay when you were a uni Marxist, but not in the real world