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JCMach1

(29,211 posts)

6. It's not the price control, but the subsidy that sits behind it...

Reply to Loki Liesmith (Reply #5)

Wed Aug 10, 2016, 11:37 AM

Aug 2016

As I said, it's lack of economic foresight to create a sovereign fund. For example, is Norway, or even Saudi Arabia experiencing huge economic dislocation right now.

No, because they invested in their future whichever type of government they have.

In fact, Norway is currently making a killing off of Pokemon Go:

http://oilprice.com/Energy/Energy-General/Pokmon-Go-Fuels-Norways-Oil-Fund.html

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