elcoco said...What about Norway, has a huge sovereign wealth fund generated from oil, it taxes private companies operating in there fields and is also directly involved through a state owned and run company.
en.wikipedia.org/wiki/State%27s_Direct_Financial_InterestBrazil also has direct interest in their petroleum industry that is part of there current economic rise.
Why cant we retain more of the wealth created by digging up our ground. We only get one chance to do it.
The current set up is crook, letting the mining companies manipulate our political system and dictate terms is bull****.
What sort of crazy communist thinking is this? Using the wealth of the nation for the citizens.......that just can't work!
