r/Norway • u/throwrafootballdad • 10d ago

News & current events With allies like these who needs enemies?

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Norway's probably the only small country in the world secure enough to withstand trade-ending tariffs from the US. It absolutely needs to start America-proofing its economy

2.3k Upvotes

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101

u/AngryFrog24 10d ago

I hope they do this and we retaliate. We should divest from every US company and refuse their military from training here. Let the whole world kick these fascists out of their countries. Let them become North Korea 2.0.

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u/trying1more 10d ago

When that orange lump of lard discovers the existence of Svalbard he may claim he wants it to go along with Greenland

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u/AngryFrog24 10d ago

He claims a lot of things. He just claimed he was the president of Europe (no joke, he seriously said that). He's demented.

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u/trying1more 10d ago

Europe (von de Leyen) has let him walk all over Europe. Still amazed how people don't learn that letting him bitch you about will only lead to more humiliation. He will never stop wanting more

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u/AngryFrog24 10d ago

That's one narrative, but so far I haven't seen any result of the "bad deal". It wasn't even a deal, but a promise she couldn't even keep because it wasn't up to her (private investment). The energy purchases were already happening. The only thing that might be bad is an unspecified "billions" in US military hardware purchases. Those could be contracts that are already paid for.

He hasn't actualy gotten anything. No medium/big US businesses have moved back. No medium/big foreign businesses have moved to the US. Nothing but more taxes on US Americans through tariffs, a declining economy and reputation.

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u/Elkesito36482 10d ago

How about the massive oil deal that will screw clean energy development? Stop negotiating with fascists

6

u/Original_Employee621 10d ago

The EU is kinda stuck in the middle between the US and China as major trading partners. Untangling from the US is important, but China isn't a good trade partner either.

An immediate cut off from the US would spell disaster for the European economy and even worse for Ukraine. The EU needs to buy time to put new trade deals and agreements in place with other countries, as they gradually wean off the US relations. There is also still a vain hope that the US can come back from its fascist flirt (though personally, I think they need to come to terms with the US as a fascist state akin to Russia for decades to come).

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u/throwrafootballdad 10d ago

The issue with a fascist flirt like this is you don't extinguish it until you comprehensively defeat it in a war. And that's not happening, so even if the odd election goes the other way, you can't have security guarantees and normal relations with a country perpetually 4 years away from fascism

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u/Original_Employee621 10d ago

The issue is complicated beyond just finance and economics. It's about the core ideals the EU wants to demonstrate, democracy, free trade and equality. If they back out of US relations, they are forced to admit that the Western ideals of freedom and democracy have failed. That the EU is the lone bastion of equality left in the world. China, Russia or the UAE certainly do not believe in equality for all. And consequently, the EU would be under siege on all sides by right wing forces of anti-modernism and fascists.

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u/throwrafootballdad 10d ago

The EU is indeed the lone bastion of equality in the world. Not admitting that doesn't change reality. Although how they hold that line, I have no idea either

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u/Original_Employee621 10d ago

Because admitting that freedom and equality are failed ideals means that I am better than you, because I am a landed Norwegian. It would be my right to treat you worse, because you aren't landed or Norwegian, and Norway is one of the richest countries in the world.

Admitting that we were wrong would make life so much harder for any LGBTQ+ people, immigrants or refugees. It would mean it's okay to mass incarcerate undesireable people or bomb hospitals and schools. It would mean, it's okay to treat women like property again and make them into baby ovens for mens pleasure, and they would have to cater to their every whim and abuse. Because the US doesn't give a shit anymore, and Russia or China certainly does not have a good track record on that front either.

Were the ideals perfectly implemented? No, not at all. There is a lot of inequality within the EU. But giving up on the US would make everything so much harder and expensive for everyone in Europe too.

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u/Lud4Life 10d ago

I’m sorry who do you think are huniliating themselves?😂

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u/trying1more 10d ago

The EU, both in their verbal and performative acquiescence, their fright at taking a harder line on Israel, their agreement to invest hundreds of billions in US weapons manufacturing in a one-sided. Oh, and in Mark Rutte calling Trump daddy lol

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u/Lud4Life 10d ago

The US is losing every advantage they’ve previously had while a demented 80 year old is screaming that he wants more toys. I dont think a lot of people agree with you.. Quite embaressing for THIS to be the guy to swing ‘the land of the free’ into dictatorship lmfao

4

u/hk-ronin 10d ago

He’s literally demented.

1

u/ILikeToDisagreeDude 10d ago

Russia also has some say on that actually even though it’s Norway’s island. Trump would never betray his daddy like that!

1

u/Square-Hope-7322 10d ago

Coooould be an opportunity to do something very funny with this

1

u/BringBackAoE 10d ago

I’m pretty sure that the reason Putin put the idea of Greenland into Trump’s head is because Putin wants to take Svalbard.

Security experts assess that if Putin expands further into Europe (militarily) the highest risks are to Svalbard / Norway or Estonia.

1

u/trying1more 9d ago

Although to be fair the US taking Greenland would not be in Russia's interest either

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u/Aeroxic 10d ago

Hear hear

3

u/Square-Hope-7322 10d ago

Like for real, what are those gun laws for if not protecting your fellow man, woman and child from fascism

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u/CB_I_Hate_Usernames 10d ago

You probably should. But also—please don’t wish too harsh of a fate on the whole country. I hate the motherfucker and every one of his supporters and cronies, but it’s not easy to emigrate. There are a lot of people here with no control over what they’re doing that also have to deal with the results. 

1

u/ShardsOfTheSphere 10d ago

Let the whole world kick these fascists out of their countries. Let them become North Korea 2.0.

I hate Trump and Graham too but damn, that's a bit of an overreaction there.

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u/Ok-Lettuce-7451 10d ago

You do know that the five biggest companies on the sp500 individually is worth as much or more then our wealth fund right?

12

u/AngryFrog24 10d ago

And? We invest a huge amount in the US economy, especially relative to our size.

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u/Ok-Lettuce-7451 10d ago edited 10d ago

We dont go over 2,5% ownership because we dont want voting rights in a company. What do you think would happen if we sold out of everything from the us?

This info is outdated and wrong. Ignore the first sentence of this comment. Thank you

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u/AngryFrog24 10d ago

What do you base that figure on? We own over 25% in one UK company, and 9.5% in a US company. NBIM's representatives eregulsarly attend board meetings in the companies we invest in.

https://www.nbim.no/no/investeringene/investeringsoversikt/#/2025/investments/equities

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u/Ok-Lettuce-7451 10d ago

Ok, its been a few years since ive read up on % and im clearly not remembering correct. But thats fine, what would happend if we sold out of all us stocks?

3

u/OlivierTwist 10d ago

But thats fine, what would happend if we sold out of all us stocks?

Suddenly some independent journalists will find out that top Norwegian politicians or royals have visited Epstein island or something like that.

2

u/LuxuryBeast 10d ago

Short-term: drop in value and some volatility in the US stock market. Some companies would probably lose value, other invester might sell as well.

Long-term: market would stabilize, the biggest companies would stabilize and business would be as usual. Minimal damage to the market.

2

u/ILikeToDisagreeDude 10d ago

Private owned companies that is. So it isn’t government property like our wealth fund.