2 Comments
User's avatar
⭠ Return to thread
knowltok's avatar

Per capita, Norway is sitting on a shitload of oil. In fact, they're the one country with fabulous oil wealth that is the exception to the rule of what happens when a country has a boatload of oil.

Expand full comment
Shawn's avatar

True, but the SWF is not funded by oil for the most part, but by worldwide investment, since it's one of the biggest mutual funds ever created.

The US is also sitting on oil, but it's a different story.

In any case, the US loves itself some mutual funds.

Expand full comment
ErrorError