Norway rethinks €1.7 trillion sovereign fund to boost support for Ukraine
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(the outcome of which is another signal to autocrats eyeing future invasions, for example Taiwan, Tasmania)
Wait, what? What autocrat is eyeing Tasmania?
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Yes, the rule is up to 4% of annual proceeds can go into the national budget for covering spending. That rule, however, is arbitrary nonsense and only serves to limit the size and scale of investments on the budget.
The actual limiting factor is that the law states that the purpose of the fund is to save for the benefit of future generations.
It sounds to me like 4% is the amount they've guesstimated as being the maximum safe amount that can still fulfill that sustainable spending goal. I might call that "arguable," but I wouldn't call it "arbitrary."
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It's indirectly referring to the sovereign fund, but (emphasis mine):
"Norway is one of the few countries that has large amounts of money readily available, and we must therefore multiply our support for Ukraine immediately," Liberal Party leader Guri Melby said on Saturday.
Norway's support should be increased "significantly" and "fast", Norway's former Conservative prime minister, Erna Solberg, said in a statement. "The government can safely assume there is will in Parliament to give more," she added.
The leader of the Greens, who are currently polling at 2.7%, reiterated their proposal that Norway should pledge €85.5 billion to Ukraine.
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On this episode of false dichotomy...
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$170billion have been allocated to assisting Ukraine.
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Oops, thanks. Meant Transnistria (to which the answer would be Putin, although I guess you would not have asked if I had not made that mistake). Sometimes, the letters in the middle of a word do seem to matter.
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Ah, that makes much more sense.
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LOL imagine if the US Republican government would do a single thing that would help reduce the cost of health care, improve disease or health research, or even reduce taxes for anyone not making millions a year.
Your argument is so fake. Just the latest directive from the Kremlin.
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Ah I see it just infers it will dip into it and doesn't provide much detail, thank you kind sir.
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This guy already blocked me as he believes women cannot handle being treated like adults and I called him out for it. Just block this fool and move on.
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Move to Texas or wherever the taxes aren't paid and then just start sending money to Ukraine
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You still pay taxes in those states, just not income. Most people will pay more taxes in those states compared to places like California (not the rich, of course). Texas chose a system of sales taxes (state and local), which act like flat-taxes, which put more burden on lower income people.
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While sending billions to Israel for bombing civilians?
Get real.
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It’s arbitrary. The reasoning is based around avoiding inflationary effects, but that’s based on a stupidly simplistic and wrong-headed idea of how inflation works.
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Sorry, forgot to add /s
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Honestly Norway could equal Russia's entire military budget for the year without anyone in Norway noticing any changes to their daily lives.
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End Kiwi expansionism!
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Ukraine doesn't want to use the same meatwave tactics as Russia. It's not the same as having a recruitment problem. Ukrainian soldiers are also way more motivated than the Russians who, are advancing very slowly and at huge cost.
The reason Russia is advancing at all is because Russia is prepared to suffer catastrophic numbers of dead and wounded to take a field and Ukraine is prepared to loose a field or two if it means conserving their population. The two methods for Ukraine to regain their territory are to either use a massive portion of their population in meatwave attacks or to cause a collapse of government within Russia. The latter is much quicker and more effective long term.
Russia has a population of 140ish million people all of which are viewed as expendable by Putin. Recruiting more meat won't help. Long range ordinance to fuck up russas logistics routes and oil infrastructure will absolutely help. So shut your cock-pocket and scurry back to your basement in the Kremlin.
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Socialized healthcare would be cheaper and better tgan the current system, and the surplus that niw goes to people like Brian Thompson could go to Ukraine.
Thanks for pointing out another source of aid dollars.