A close look at the principles governing the management of Norway’s oil fund shows that it may run out in two generations or less.
The Fiscal Policy Rule is meant to ensure that Norway’s oil fund fulfils its mandate of providing for future generations. Yet a closer look at the principles governing its management shows that it may run out in two generations or less – unless the rule fundamentally changes.
I just read they got a viking boat back to sea 5 minutes ago. If I was a in UK right now I'll be sweating cause they might be going back to the old ways.