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The More You Know: Norway has the World's biggest sovereign fund.

Discussion in 'Reality Check' started by NameLeSS, Dec 6, 2013.

  1. NameLeSS

    NameLeSS
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    They been saving almost all the money it gets from the sale of oil and is worth almost a trillion dollars.

    http://www.bbc.co.uk/news/world-europe-24049876



    It's a really interesting thing the fund ,read that they voted on something like 6,000 boards last year because they have a stake in so many companies, also only 0.4% of the interest is re-invested in Norway.Think about the fact that Norway has a population of 5 million people and has a trillion dollar investment fund which will grow to around 3 trillion by 2030. They will have invested $500,000 for every citizen, assuming 5% interest that is $25,000 a year per captia
     
  2. User1628

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    time to learn norwegian and find me a new home
     
  3. MRA

    MRA
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  4. Wayne

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    Jesus
     
  5. MRA

    MRA
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    meanwhile nova scotia is 16 billion dollars in debt
     

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