Trond writes: My point is that while mainsteram economists in most countries have to explain to the public that the gvt. "cannot" run a deficit, they in Norway have the much more tricky task to explain that the gvt. HAS TO run an extremely large SURPLUS. And this in a situation where gvt. net financial assets are around 280 billion NOK already. The projected 1996 surplus is 55 billion NOK, and will be even higher in 1997. COMMENT: Gee, our governments always decide to play Santa Claus when this happens---but only if there is an imminent election! Xmas Cheers, Ken Hanly