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christkvyesterday at 6:16 PM2 repliesview on HN

You have no idea how that would destroy the Norwegian State. They are addicted to money from that fund. A collapse in it's value would have direct impact on the finances of the state. Nearly 1/4 of the budget is funded from that found a year.


Replies

onraglanroadyesterday at 6:53 PM

That's got to be a tiny amount relative to the fund size though.

Anyway, how would that destroy the fund? They'd be selling it not giving it away.

KellyCriterionyesterday at 8:04 PM

The contribution of the State Fund to national pensions is around 20-25% to the state expenses