Not All Oil-Rich States Are Created Equal – Norway vs. Alberta, Canada

A fascinating read –

http://www.theglobeandmail.com/report-on-business/international-business/european-business/norways-sovereign-wealth-fund/article25973060/

Related –

Norway – not so great anymore

http://www.bloomberg.com/news/articles/2015-08-10/for-norway-oil-at-50-is-worse-than-the-global-financial-crisis

Canada – Both the currency and the economy are tanking

http://www.macleans.ca/economy/economicanalysis/how-canadas-economy-went-from-boom-to-recession-so-fast/

Australia – First major slowdown in decades
http://www.ft.com/cms/s/0/f4ef0a0e-3cad-11e5-8613-07d16aad2152.html#axzz3iQK1Fmws