Podcasts · The David McWilliams Podcast

England V Norway: A Tale of Two Oil Discoveries?

· 41 min · S2026 E56

Episode England V Norway: A Tale of Two Oil Discoveries?

0:00 41:22

Norway turned North Sea oil into $2 trillion in the bank. Britain turned it into tax cuts, unemployment cheques and a housing bubble. We unpack the tale of two oil finds, why one country nailed it and the other blew it, and what it says about how nations really make, and lose, their fortunes.

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