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A comment on An Iraqi who saved Norway from oil (2009). Parent comment

Re:An Iraqi who saved Norway from oil (2009) by AlexCoventry on Wednesday October 06, 2021 @09:43PM (#28780799)
I think it's meant to convey grief that Australia has allowed itself to be exploited by foreign miners, and waste the wealth that its natural resources could have generated.
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Re:An Iraqi who saved Norway from oil (2009) by bobthepanda on Wednesday October 06, 2021 @10:48PM (#28781245)
hasn't Australia consistently had uninterrupted economic growth?

Australia has the highest median household wealth of any country in the world. https://www.statista.com/chart/19651/countries-with-highest-...

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Re:An Iraqi who saved Norway from oil (2009) by AlexCoventry on Thursday October 07, 2021 @01:18AM (#28782335)
But its net debt is something like 40% of GDP, whereas Norway's is something like -110%.

https://knoema.com/atlas/Australia/topics/Economy/Financial-... https://knoema.com/atlas/Norway/topics/Economy/Financial-Sec...

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Re:An Iraqi who saved Norway from oil (2009) by ceejayoz on Thursday October 07, 2021 @09:02AM (#28785671)
https://en.wikipedia.org/wiki/Australian_property_bubble
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