Norway vs THE ROCK (Newfoundland & Labrador)

Why is Norwway super rich and successful BUT NL debt ridden, poor, underpopulated, struggling and underpermorning endlessly and seemingly foreevr? NORWAY #'s Norway's nominal GDP in 2025 was approximately $530.76 billion USD, with a Purchasing Power Parity (PPP) GDP estimated around $606.59 billion USD. Annual economic growth for 2025 slowed to about 1.1% to 1.2%, dampened by contractions in petroleum and shipping activities.Key 2025 Economic IndicatorsNominal GDP: ~$530.76 billionGDP (PPP): ~$606.59 billionGDP Growth Rate: ~1.1% - 1.2%GDP Per Capita (Nominal): ~$83,812 – $90,320 Newfoundland & Labrador #'s For the 2024–2025 fiscal year, Newfoundland and Labrador's net debt stood at approximately $18.4 billion, costing the province around $890 million annually in debt-servicing interest. By late 2025, economic updates projected the net debt to approach $19.9 billion amid rising public sector and healthcare costs.Financial HighlightsNet Debt Level: Reached $18.4 billion according to the auditor general's audit of 2024–25 financial statements.Per Capita Burden: Represents over $33,000 of debt for every resident in the province.Debt-to-GDP Ratio: Remaining near 44% to 45%, giving Newfoundland and Labrador the highest debt burden among Canadian provinces.Borrowing Program: Gross borrowing requirements for the province remained high, near $4.1 billion. Q; WHY IS NORWAY A FINANCIAL SUCCESS & world-class WINNER WHILE NEWFOUNLAND AND LABRADOR ARE DEBT RIDDEN LOSERS??? A; GOVERNANCE - POLITICIANS WHO SUCK, MISMANAGEMENT, GRAFT & GREED, INEPTITUDE, STUIDITY, NEGLIGENCE CALL IT WHAT YOU WANT ...