[danaris]

To be fair to countries that are not Norway, my understanding is that their sovereign wealth fund is significantly funded by their oil fields.

(Otherwise, 100% cosigned.)

[bruce511]

Absolutely true.

Although lots of countries have oil, and derive profits from it, Norway (as far as i know) was unique in not spending that income, but rather creating the sovereign wealth fund.

That long-term thinking, which was fundamentally socialist not capitalist though, is exactly what puts them in such a strong position now.