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0 sats \ 0 replies \ @nullama 19 Aug \ on: Visualizing the Rising Cost of Government Debt econ
Norway is a true rag to riches story, it was the poorest country in the area, but in the 1960s they found oil, so they ended up with a lot of money.
Interestingly, they kept normal market prices for energy and invested the revenues into a sovereign fund. That way, they have managed to create one of the richest countries on Earth only after a few decades.