Re:Thriving Norway provides an Economics Lesson
by Xichekolas on Thursday May 14, 2009 @02:23PM
(#609301)
Well that's not quite the same, since that story is about municipalities investing poorly. Hopefully Norway's sovereign wealth fund didn't do likewise.
(as an aside: I've been to Narvik, in the summer, and the scenery is absolutely stunning. The 2am sunshine is also amusing to behold.)
Here's one case (and I'm sure there are others) which is a resounding no: http://www.nytimes.com/2007/12/02/world/europe/02norway.html