@cfr_org: “We live in a generation where we are transferring value from energy into a fund that will fund pensions in the future. When oil prices go up and down, nothing goes into my budget—it goes into this fund,” says Jonas Gahr Støre, prime minister of Norway. “From that fund, we can spend 3% or less of interest a year. We have not spent any money from that fund—only part of the interest. It’s meant to be there for future generations. It basically is meant to be a fund there forever.”

Council on Foreign Relations
Council on Foreign Relations
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Monday 28 September 2026 19:15:56 GMT
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ken.thugge
Ken Thugge :
Government that works for the people
2026-09-29 03:05:28
424
schmavis
Coolmom :
Can you imagine leadership with intelligence? Ethics? Future minded responsibly? Yes I crave that. Sigh. Not in the USA.
2026-09-29 00:50:44
538
tiktok_obsessed17
tiktok_obsessed17 🇵🇹 :
This is the definition of how “Generational Wealth” is created. You have to be disciplined
2026-09-28 22:21:53
1213
nel1g
Nelig :
Norway oil fund is impressive, no doubt. But ordinary Norwegians dont have €2 trillion sitting in their bank accounts. We still pay high taxes and fees, and many households struggle with rising living costs. Were an oil and gas producing country, yet petrol recently cost around €2.73 per litre. The size of the oil fund doesnt necessarily tell you what everyday life feels like for ordinary Norwegians.
2026-09-29 06:56:13
39
yomidada4
YD :
Norway is an iconic well governed country. Bless their leaders.
2026-09-28 23:27:04
265
silvingram
silvingram :
and Westminster squandered and sold off Scotland oil
2026-09-29 06:29:08
11
kierenpriestley1
K ❤️‍🔥 :
Crying in Australian
2026-09-29 01:37:55
77
91k3ify24r
91k3ify24r :
whole country is minted
2026-09-28 21:29:13
1150
davebaker23
Dave Baker :
why can't the rest of the world be like Scandinavia 😩
2026-09-29 08:28:41
0
user4158728156234
chris :
Can Ireland copy this mentality 🤔🤔🤔🇮🇪🇮🇪🇮🇪
2026-09-29 08:00:30
0
congratss97
Cöngrattz :
SHARE WITH THE FINS I just love him🥰
2026-09-28 21:52:06
749
peterjohncruickshank
Peter Cruickshank :
Imagine what Scotland might have built if our riches had stayed in Scottish hands instead of disappearing down Westminster’s pockets? 🥲
2026-09-28 21:34:58
87
thugundercoverr
Ibrvheem :
that's how u run a country
2026-09-29 05:48:50
20
user270907014
/ :
Good to know there are still some politicians that are thinking about future generations.
2026-09-29 04:13:16
41
enoch_blessed
Enoch :
This is golden.
2026-09-29 07:40:08
0
thisguy_thatguy
ThatGuy :
Oh to not have a handful of people snatching all of the wealth
2026-09-29 07:12:46
0
liveandlearn_26
ክብርት ምርጫነሽ :
The quality of discussion and the narrative between these countries compared to many other countries in other parts of the world is self explanatory😁
2026-09-28 21:44:37
189
learnthetruthnow.org
The Truth will set you free. :
amazing
2026-09-29 05:52:28
0
zig_pashtun
ZIGZAG_🇦🇫🇩🇪 :
but he dodged the question whether he fund Israel or not
2026-09-29 02:16:26
5
koen50007
User5000 :
share with the Fins!
2026-09-28 19:35:00
203
smogmonster64
Smogmonster64 :
This is what we should have done….. instead we sold our North Sea Oil off in the 70,s & 80,s 👏👏
2026-09-29 06:15:08
9
asinanvalue
asinanvalue :
the decision of the earlier generation to set it up is truly brilliant
2026-09-29 05:04:44
30
chazwyman
Chaz Wyman :
If they cashed it out it would destroy the economy and cause poverty in 10 years.
2026-09-29 07:17:35
7
user362351824
theCretin :
Back in America we have 1 guy worth a trillion dollars. 🤣🤣🤣
2026-09-29 01:07:51
112
arg2004
AK :
That is what government should be .. unlike most other countries where corruption rules all across
2026-09-29 05:21:01
8
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