Scandinavia and the World
The North Sea Lotto satwcomic.com

The North Sea Lotto


The true story of how Denmark just freaking gave away one of the world’s biggest oil reserves in the North Sea to Norway without realizing it. We never quite got over that.

Oh well, Norway used to be one of the poorest countries in Europe, and this helped them kick start their economy, and today it’s one of the best places in the world to live. You’re welcome, Norway.

"Kroner" is of course the Norwegian, Swedish and Danish currency.


Norway Sweden Denmark
16th October 2009
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339 Comments:
 
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3 years ago #9780164        
4
 
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I’m surprised America didn’t show up at the sound of oil.

5 years ago #9562737        
2
 
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Sweden doesn't even care anymore. I think he has seen too much weird shit.

5 years ago #9536883        
2
 
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Sweden´s face is mine everytime



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5 years ago #9511528        
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Oh God..Denmark has a razor blade. Close to his arm/wrist..and Sweden is telling him not to do...that...Oh god I didn't get it before now..


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5 years ago #9508841        
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Denmark is my favourite in satw by far

keplar

18
5 years ago #9463982        
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Oil is one hell of a drug.


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6 years ago #9401105        
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Actually, while it is true that Norway once was one of the poorest in Europe, and now is one of the richest, it's not true that the oil reserves were the primary driving force behind that, although it is a commonly believed myth. Obviously, they helped, but Norway was already rapidly moving up the economic charts before they discovered oil. The effects of WWII had the biggest impact, given that Norway, despite being occupied, was relatively unscathed in its infrastructure (although deeply scarred in its psyche), a fate shared by the rest of Scandinavia and the US. The second biggest impact was the wise political decisions to invest in human capital, something that was shared by the rest of Scandinavia. That's the reason why all Scandinavian countries, with or without oil, are now among the top 20-25 or so in per capita GDP (depending on which measure you use), as those advantages were shared by all. The small relative difference between Norway and Sweden/Denmark is likely due to oil, but that's a small part of Norway's economic growth. Many countries, including the US (even in oil alone, the US is number 3 in production, but the big US advantage is that it's near the top in almost every single important natural resource, especially in nominal terms, although even in per capita, it's usually way above the average), have more natural resources, but lag far behind Norway in income/wealth.

Hinoron

40
9 months ago #9846709        
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This is why I don't give people lottery tickets.

If they don't win, I paid money to give them something worthless... and statistically that's almost certain to be the case, so I might as well have bought them a piece of paper that says "This was expensive. Please remember to recycle it when you're done looking at it."

If by some miracle they WON... I would have trouble feeling happy for them because I'm 100% wishing I'd kept the ticket and bought them a nice toaster oven or something.

Finn456

23
3 years ago #9765048        
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Wow, Denmark. That takes a special level of skill.

3 years ago #9744918        
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Sweden went to happy to just really bored in a matter of seconds. Wow

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America wearing England's shirt