"t. There’s really no excuse for most cities not to follow this model." Norwegian Sovereign Wealth Fund owns 2% of the entire world's publicly traded stocks.

"t. There’s really no excuse for most cities not to follow this model." Norwegian Sovereign Wealth Fund owns 2% of the entire world's publicly traded stocks. They have so much money the fight over what to do with it. They are an Oil rich state, like Qatar, Kuwait. When you have that kind of surplus, a lot of things become easy. For the rest of the world, the issue is money: either you raise taxes, increase fares, take on more debt (or invade a rich country), none of which are good options.