Norway did the same thing, it has worked very well for their economy so far. | Hacker News

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		lazyjones on Sept 28, 2019 \| parent \| context \| favorite \| on: Dog-walking startup Wag raised $300M, then things ... Norway did the same thing, it has worked very well for their economy so far.

olivermarks on Sept 28, 2019 [–]

Norway's sovereign wealth fund is vastly larger than the Saudi Arabian one, SA don't have much room to maneuver if the Aramco ipo doesn't work and these investments fail

lazyjones on Sept 28, 2019 | [–]

> vastly larger than the Saudi Arabian one

By one order of magnitude these days, the Norwegian fund's market value was less than $100b in 2004 though.

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