Recently, I’ve noticed a pretty interesting phenomenon—Norway has been quietly making a fortune these past few years. Whenever the Russia-Ukraine situation heats up, Europe’s energy market goes wild, and Norway’s natural gas exports rake in massive profits—about $200 billion over a few years. Just think: Europe used to buy cheap gas from Russia, but now, insisting on sanctions and decoupling, they’ve accepted paying high prices for Norway’s supply.
Some European scholars have done the math: the whole of Europe has a population of 500 million, compared to just 340 million in the US; GDP is even higher than China’s; and its industrial base is extremely solid—aerospace, shipbuilding, pharmaceuticals, machine tools, cars, weapons—almost all among the world’s best. By all rights, with this kind of hardware, they should be able to support a military powerhouse.
But the real problem lies in “division.” Europe has dozens of countries: the wealthy north doesn’t want to bleed money, the central countries are capable manufacturers but each has its own agenda, and the populous south and east lag behind economically. Every country’s defense procurement protects its own companies, and the end result is a mess—no one gets big, and no one gets strong enough.
So, some people started thinking: why not have Norway foot the bill? After all, they’re making a killing from the energy crisis, their sovereign wealth fund is worth over a trillion dollars, and with just over 5 million people to share the wealth, they’re definitely not short on cash. Logically, since Europeans gave up Russian energy for “security,” and Norway is the biggest beneficiary, asking them to give back to defense makes sense, right?
But can this really work? Europe took forever to argue over confiscating Russia’s $300 billion in assets to support Ukraine—Belgium alone could hold things up. Dozens of countries sitting together to discuss how to deal with “unreliable neighbors” and “wavering allies”—the level of coordination required is unimaginable. Will Norway obediently pay up? Probably won’t happen anytime soon.
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ContractTearjerker
· 8h ago
Norway is really making a killing, just sitting back and reaping the benefits like no one else. Meanwhile, Europe is a complete mess over here—the level of fragmentation is just ridiculous.
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ValidatorVibes
· 20h ago
this is basically what happens when you can't achieve consensus lol. europe's got all the hardware but zero governance layer... literally fractured into competing validators with no slashing mechanism to keep em honest. norway just exploited the arbitrage opportunity while everyone else stayed gridlocked. typical tragedy of the commons energy tbh.
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TokenRationEater
· 12-05 02:54
Norway is really making easy money this time. Sanctioning Russia ends up giving others a bigger wallet... It's the common problem of internal conflicts in Europe, a disunited group still expecting Norway to bleed? Dream on.
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TokenAlchemist
· 12-05 02:51
nah the coordination problem here is actually a textbook inefficiency vector — you've got europeans trying to optimize geopolitical returns while trapped in a collective action deadlock. classic game theory failure tbh. norway holding all the liquidity but zero incentive to provide it? that's just extracting rent from structural fragmentation, fr fr
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StillBuyingTheDip
· 12-05 02:49
Norway’s move this time is truly brilliant. They’re earning 200 billion effortlessly thanks to the sanction dividends, while Europe is digging its own grave by insisting on cutting off Russian energy... Speaking of which, expecting Norway to subsidize European defense? Please, even Belgium can freeze Russian assets, and now dozens of countries want to coordinate and make Norway pay up? That’s never going to happen in this lifetime.
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DaoDeveloper
· 12-05 02:48
honestly the coordination problem here is basically unsolvable without some kind of governance primitive... like you need merkle proofs of consensus or smth lmao
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DisillusiionOracle
· 12-05 02:36
Norway is making a killing this time. Europe insisted on picking up the slack at high prices and still wants to turn around and profit off Norway? Dream on.
Dozens of European countries trying to negotiate together—Belgium alone can cause a stalemate. Do you really expect Norway to obediently hand over money? I bet five bucks they won’t reach a deal.
To put it simply, no matter how high Europe’s GDP is, it’s still a loose collection of countries. Norway is just sitting back watching the show, and no one should expect to touch its money.
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AirdropHunter9000
· 12-05 02:30
Norway made a huge profit this time. Europe insisted on cutting itself off from Russian energy, and as a result, got fleeced for 200 billion. This logic is unbelievable.
Recently, I’ve noticed a pretty interesting phenomenon—Norway has been quietly making a fortune these past few years. Whenever the Russia-Ukraine situation heats up, Europe’s energy market goes wild, and Norway’s natural gas exports rake in massive profits—about $200 billion over a few years. Just think: Europe used to buy cheap gas from Russia, but now, insisting on sanctions and decoupling, they’ve accepted paying high prices for Norway’s supply.
Some European scholars have done the math: the whole of Europe has a population of 500 million, compared to just 340 million in the US; GDP is even higher than China’s; and its industrial base is extremely solid—aerospace, shipbuilding, pharmaceuticals, machine tools, cars, weapons—almost all among the world’s best. By all rights, with this kind of hardware, they should be able to support a military powerhouse.
But the real problem lies in “division.” Europe has dozens of countries: the wealthy north doesn’t want to bleed money, the central countries are capable manufacturers but each has its own agenda, and the populous south and east lag behind economically. Every country’s defense procurement protects its own companies, and the end result is a mess—no one gets big, and no one gets strong enough.
So, some people started thinking: why not have Norway foot the bill? After all, they’re making a killing from the energy crisis, their sovereign wealth fund is worth over a trillion dollars, and with just over 5 million people to share the wealth, they’re definitely not short on cash. Logically, since Europeans gave up Russian energy for “security,” and Norway is the biggest beneficiary, asking them to give back to defense makes sense, right?
But can this really work? Europe took forever to argue over confiscating Russia’s $300 billion in assets to support Ukraine—Belgium alone could hold things up. Dozens of countries sitting together to discuss how to deal with “unreliable neighbors” and “wavering allies”—the level of coordination required is unimaginable. Will Norway obediently pay up? Probably won’t happen anytime soon.