[mistermann]

Taxation is the skim. A secure (protected from "borrowing, just this one time, I promise, don't worry I'll put this fancy piece of paper in the box as a replacement") kitty containing these funds, is something else entirely.

[ttul]

Norway provides ample guidance here. They have what, a trillion dollar sovereign wealth fund, invested exclusively in non-Norwegian assets, locked away for the rainy day when oil runs out or becomes valueless. That day may now be upon them.

[mistermann]

It's easier to do when you have massive oil reserves and a small population, however, Norway has done an absolutely top notch job imho. I 100% agree with you that we should be looking, and very closely, at Norway and any other countries whose policies in any area seem to be working exceptionally well.

I wonder if doing that would be considered a loss of face in some way.