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Thread: Norway's government owned investment bank is active on stocks, bonds markets worldwide

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    Default Norway's government owned investment bank is active on stocks, bonds markets worldwide

    So I was blown away to learn just how influential the state investment bank / hedge fund operations are in Norway.

    They use oil revenue reserves to reinvest in worldwide stocks and bonds markets and as a result Norwegian government effectively has a huge influence on corporate sector all around the world.

    The surplus is used in the social interest to further increase wealth of Norway.

    That's so statist and capitalist at the same time.


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    Norges Bank Investment Managemen has $1tln investment fund "has stakes in over 9,000 companies worldwide"
    "Norway's $1.1 trillion fund said Tuesday that it made a record 1 trillion kroner ($131.5 billion) in 2017. Its return jumped to 13.7% from 7% in 2016."
    https://money.cnn.com/2018/02/27/inv...cks/index.html

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