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A comment on Norway's wealth fund now worth $319,900 per citizen. Parent comment

Re:Norway's wealth fund now worth $319,900 per citizen by dyauspitr on Saturday February 01, 2025 @04:49AM (#42897232)
They’re definitely governing well but without the oil it would all break down in a heartbeat.
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Re:Norway's wealth fund now worth $319,900 per citizen by calmbonsai on Saturday February 01, 2025 @08:48PM (#42904793)
The fun "life-hack" is now the oil doesn't matter anymore.

Norway needed it initially, but thinks to smart conservative finance policies now they don't.

As as lovely counter example, look at all of the UAE's expenditures on attempts at "destination tourism" revenue.

UAE "invested" its money into concrete. Norway invested its money into its people.

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