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Hindsight is always 20/20, the Norwegian fund was setup because the country went bankrupt and needed to save its pensions a similar fund in the UK would’ve been
by dogma1138 8y ago
Hindsight is always 20/20, the Norwegian fund was setup because the country went bankrupt and needed to save its pensions a similar fund in the UK would’ve been about half of the total endowment the Norwegians had with 12 times the population it’s not that clear if it would’ve made any difference in the long term.