BBC News has published a fascinating report on how young Norwegians have enjoyed a 13% rise in disposable household income while their counterparts in other nations are going backwards, thanks largely to the nation’s Sovereign Wealth Fund (SWF), which saved the bounty of its oil and gas boom:
Best known for its Viking history, snow sports and jaw-dropping fjords, Norway is making a new name for itself as the only major economy in Europe where young people are getting markedly richer.
