Spekulatius Posted April 17 Posted April 17 On 4/9/2026 at 4:53 PM, Dalal.Holdings said: Norway has taxed EQNR at 78% for a while but also encouraged it drilling in the North Sea--they have let it operate freely...Norway has a massive sovereign wealth fund and massive exports in oil and gas to the rest of Europe as a result. UK raised taxes on its oil industry while over-regulating it and talking about banning it outright (in addition to crippling refining, chemicals, etc) at the altar of the "Net Zero" cult/religion--hence, UK North Sea production has dwindled and now the UK imports oil and gas from Norway via Equinor who drills in the North Sea (lol). I think EQNR has pretty much exclusivity in Norway as a compensation of sorts for the high tax rates.
Dalal.Holdings Posted April 18 Posted April 18 1 hour ago, Spekulatius said: I think EQNR has pretty much exclusivity in Norway as a compensation of sorts for the high tax rates. Yeah I guess you can consider it a state owned enterprise given the gov't gets 78%...but it has worked out very well for Norway. The problem with UK tax at that level is that its politicians want to end fossil fuel production completely while also taxing it. Then, when there is a crisis, they get squeezed by high prices.
John Hjorth Posted April 18 Posted April 18 2 hours ago, Spekulatius said: I think EQNR has pretty much exclusivity in Norway as a compensation of sorts for the high tax rates. 1 hour ago, Dalal.Holdings said: Yeah I guess you can consider it a state owned enterprise given the gov't gets 78%...but it has worked out very well for Norway. The problem with UK tax at that level is that its politicians want to end fossil fuel production completely while also taxing it. Then, when there is a crisis, they get squeezed by high prices. lol! - EQNR and the Norwegian State is much worse than Sadar at Bigliari Holdings! - Here, much more money to steal! - But it can still be a good investment anyway! Do you want a crash course?
Spooky Posted April 23 Posted April 23 I haven’t been following this thread much but I’m in Milan and it is amazing here. Seems like there is tonnes of money.
Parsad Posted April 23 Posted April 23 Services and PMI contracts significantly in France and Germany. Almost certainly two quarters well below 50 coming up...so the core of Europe is going into recession. Cheers!
Dalal.Holdings Posted April 23 Posted April 23 15 hours ago, Parsad said: Services and PMI contracts significantly in France and Germany. Almost certainly two quarters well below 50 coming up...so the core of Europe is going into recession. Cheers! Germany has basically been in recession for years... no one in the EU or German elite seems to really care and yet they wonder why AfD has become so popular...
james22 Posted April 24 Posted April 24 GDPR & European Innovation Culture: What the Evidence Shows https://medium.com/@AdamThierer/gdrp-european-innovation-culture-what-the-economic-evidence-shows-b19d2309de07
Dalal.Holdings Posted April 26 Posted April 26 On 4/24/2026 at 10:00 AM, james22 said: LMAO. Yep. Brussel-tards will never understand the harm they have caused. These people should not be in power.
Dalal.Holdings Posted April 26 Posted April 26 A bunch of British elite will look at this and still wonder why Reform is gaining in popularity...
Marco Van Basten Posted April 27 Posted April 27 1 hour ago, Dalal.Holdings said: A bunch of British elite will look at this and still wonder why Reform is gaining in popularity... You have also forgotten the Rotherham grooming scandal and the impact of immigration on the UK...
Dalal.Holdings Posted April 27 Posted April 27 https://www.ft.com/content/f4925d94-bd09-43bb-b0e6-8d066fcedf31?syn-25a6b1a6=1 Incredibly hilarious turn of events: Quote China has warned the EU that it will take “countermeasures” if its companies are hurt by a proposed new European law aimed at bolstering the bloc’s industry against cheaper imports. Quote The law is seen as the EU’s answer to decades of practices in China requiring foreign companies to invest alongside joint-venture partners and transfer their technology to local manufacturers. Quote The EU’s new law will place restrictions on foreign investments of more than €100mn from countries with more than 40 per cent of global production in strategic sectors including batteries, solar panels and nuclear power. These investments will have to ensure at least 50 per cent of workers are from the EU, that local companies are involved in the manufacturing process and companies transfer technological knowhow to European partners. Quote In its statement, China’s commerce ministry also said the act violated a range of WTO principles and international agreements governing intellectual property rights and subsidies. Quote It said the EU should delete “discriminatory requirements against foreign investors, local content requirements, mandatory transfer of intellectual property rights and technology requirements, public procurement restrictive policies, and other content”.
Dalal.Holdings Posted April 28 Posted April 28 (edited) Eventually, as their GDP compounds at near zero rate while others move on, Europeans will discover the massive downside of the path they’ve chosen: Britain is poorer than all 50 U.S. states… Edited April 28 by Dalal.Holdings
Dalal.Holdings Posted April 28 Posted April 28 The situation in the UK with respect to financial prudence...is not very reassuring: https://www.telegraph.co.uk/business/2026/04/28/block-people-with-anxiety-adhd-claiming-benefits-tony-blair/ Quote Block people with anxiety and ADHD from claiming benefits, says Tony Blair The angry Reddit comments here say it all: People think they are entitled to these benefits for anxiety and ADHD...the only thing that is going to fix this welfare abuse is likely a crisis in the UK or political upheaval...
Dalal.Holdings Posted April 29 Posted April 29 https://www.politico.eu/article/germany-friedrich-merz-donald-trump-eu-economy/ Looool Quote At a trade fair in Hannover earlier this month, the chancellor said he would push to “exempt industrial AI from the current regulatory straitjacket” imposed by the EU. Merz’s conservatives have also launched an effort to get European Commission President Ursula von der Leyen to slash regulations more aggressively, while the chancellor has also pushed back strongly against her budget plans, calling instead for “across-the-board cuts in all sections” of the EU executive’s proposal. Quote Merz’s attacks on Brussels are part of a bid to placate German industry leaders, who blame excessive EU regulation for a loss of competitiveness. Four in five German firms complain that bureaucracy has increased over the past three years, according to a survey of 1,000 companies by the German Economic Institute. More than 90 percent want EU rules scaled back. Weird...I was told that my posts about EU regulations strangling European Industry were irrelevant in this thread by certain folks... Germany's multi-year recession continues while the UK looks headed for a crisis. Political upheaval chances growing. Thanks for playing. Quote As dissatisfaction with Merz’s government grows, the far-right Alternative for Germany (AfD) party — which has been hitting the government hard on the economy and high energy prices — has surged to new heights in polls, and is now the most popular force in German politics, according to POLITICO’s Poll of Polls.
Dalal.Holdings Posted April 30 Posted April 30 https://www.bloomberg.com/news/articles/2026-04-29/von-der-leyen-warns-iran-war-may-damage-europe-for-years Quote The European Union warned the continent may spend years grappling with fallout from the US-Israeli war in Iran, signaling that an energy price spike will not abate soon. “There is also a harsh reality we all need to face: the consequences of this conflict may echo for months or even years to come,” said European Commission President Ursula von der Leyen, the EU’s top executive, speaking before the European Parliament in Strasbourg on Wednesday. Who didn't prepare their continent for an energy crisis? Who bears responsibility for the mess Europe finds itself in? According to European leaders who have been leading their continent for years, anyone but them....
lnofeisone Posted April 30 Author Posted April 30 10 hours ago, Dalal.Holdings said: https://www.bloomberg.com/news/articles/2026-04-29/von-der-leyen-warns-iran-war-may-damage-europe-for-years Who didn't prepare their continent for an energy crisis? Who bears responsibility for the mess Europe finds itself in? According to European leaders who have been leading their continent for years, anyone but them.... I was reading the start of this thread where I thought that EU's energy policies were not going to do them any favors. We now have an energy volatility event, and Europe has not prepared adequately. Bigger problem is that I don't know if I should go long energy or short now that Dalal and I are seeing something the same way...(lighthearted poke Dalal lol)
Dalal.Holdings Posted April 30 Posted April 30 1 hour ago, lnofeisone said: I was reading the start of this thread where I thought that EU's energy policies were not going to do them any favors. We now have an energy volatility event, and Europe has not prepared adequately. Bigger problem is that I don't know if I should go long energy or short now that Dalal and I are seeing something the same way...(lighthearted poke Dalal lol) Well the funny thing is that this is not the first energy crisis for Europe—they had Russia invade Ukraine in 2022–four years ago! And what did they do in the interim? Did they secure their energy further? Did they build out excess capacity? Did they maybe build out more fossil fuel reserves? No, of course not. Instead, Germany demolished its nuclear reactors so there is no chance of rebuilding them. Oh and they are still importing Russian energy! And of course, prior to Russia invading Ukraine was Crimea in 2014…so European leaders have had over a decade to prepare for such exigencies, but they are led by a bunch of truly stupid people (with lots of advanced degrees) and now they will pay the price. They sold out their future for some crazed political Green agenda…it’s like the leaders really have no skin in the game or simply don’t care: all they do is react, they are unable to take any proactive action to better prepare for an uncertain future. Quote Without French nuclear power, Europe would be in a complete blackout. All of Europe, from Lisbon to Riga.
Dalal.Holdings Posted April 30 Posted April 30 Green shoots? Are these people (finally) learning? And who is opposed to this? The usual suspects: https://www.belganewsagency.eu/mixed-reactions-as-belgium-explores-nuclear-takeover Quote However, environmental organisations strongly oppose the idea. Greenpeace and Bond Beter Leefmilieu described the potential nationalisation as a “reckless choice” that could cost taxpayers billions and slow down the transition to renewable energy. They warned of high investment needs, long-term waste costs and financial risks for the state. Green party leader Aimen Horch also criticised the plan, questioning why the government would spend large sums on ageing reactors that are nearing the end of their lifespan.
Dalal.Holdings Posted April 30 Posted April 30 https://www.wsj.com/opinion/what-happens-when-europeans-find-out-how-poor-they-are-270cff5d Quote What Happens When Europeans Find Out How Poor They Are? The Continent trails far behind U.S. economic output. Politics is bound to catch up sooner or later. Quote Yet voters so far remain unaware. Consider a recent report from the Institute of Economic Affairs, a London-based think tank that advocates free markets. The main conclusion: British voters don’t know how far behind they’ve fallen. Respondents to a January poll commissioned by the think tank were asked to guess how the British economy compares with the U.S. On average, respondents thought that if the U.K. were a state, it would be the seventh-richest in terms of per-capita GDP, behind the likes of New York and California. The reality is that Britain is toward the bottom of the table, roughly on the level of Mississippi. Quote Politically, bliss is ignorance. European welfare states, by creating relatively comfortable lives for voters, conceal the full extent of Europe’s prosperity gap. Quote A collision with reality may be required. The bliss will run out when the funding for welfare does. Voters then will have to confront their failure to generate enough growth to pay for social benefits. Rising demands for defense spending are another stressor. Europe can use social welfare to hide from its economic failures, but it can’t run from them forever.
Dalal.Holdings Posted May 3 Posted May 3 And absolutely no European politician will be held accountable and all the forever politicians will be able to keep their jobs and soon be promoted !
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