Quote:
Originally Posted by ZiggiZiggiCrew
Norwegian "economy" is a oil pump. Without high oil prices there is nothing left
2013: 1 USD = 5,4 NOK
2016: 1 USD = 8,9 NOK
Canadian "economy" is a oil pump. Without high oil prices there is nothing left
2013: 1 CAD = 1.1 USD
2016: 1 CAD = 0.74 USD |
Norway's GDP per capita is 4 times greater than Russia. Devalued Krone resulted in some inflation but not much.
Norway Inflation Rate | 1950-2017 | Data | Chart | Calendar | Forecast
Inflation in Russia is in double digits.
Petroleum is not the only thing in Norwegian economy. But almost 60% of Russian government revenue comes from oil.
The government's revenues - Norwegianpetroleum.no - Norwegian Petroleum
Canadian dollar has never been greater than US dollar, so you are full of shit.