โฒ 201 โผ Norway discovers Europe's largest deposit of rare earth metals (www.cnbc.com) submitted 2 years ago by boem@lemmy.world to c/europe@feddit.de 25 comments fedilink hide all child comments
[โ] ThePyroPython@lemmy.world 32 points 2 years ago (1 child) Haha Sovereign Wealth Fund money printer goes Brrr. permalink fedilink source parent hideshow 2 child comments replies: [โ] llothar@lemmy.ml 12 points 2 years ago (2 children) The fund owns 1.5% og the world traded stocks. Madness. permalink fedilink source parent hideshow 4 child comments replies: [โ] ThePyroPython@lemmy.world 15 points 2 years ago (1 child) It looks like madness because it's something that's almost completely absent from politics around the world: thinking past the next election! Ok, the government has this oil money what should we do with it? Give everyone tax cuts? Build giant vanity projects? Throw a year-long nation-wide party with a kilo of cocaine for every household? Nope, let's invest it into a government owned diverse market fund so the social security of our citizens is sound for generations to come. permalink fedilink source parent hideshow 2 child comments replies: [โ] luckystarr@feddit.de 1 point 2 years ago Took them an oil crisis (70s) to figure this out to be fair. permalink fedilink source parent [โ] SuddenDownpour@sh.itjust.works 8 points 2 years ago And it pays for public pensions. I see that as an absolute win. If there's going to be exploitation of the working class, at least let it be to care for old bums. permalink fedilink source parent
[โ] llothar@lemmy.ml 12 points 2 years ago (2 children) The fund owns 1.5% og the world traded stocks. Madness. permalink fedilink source parent hideshow 4 child comments replies: [โ] ThePyroPython@lemmy.world 15 points 2 years ago (1 child) It looks like madness because it's something that's almost completely absent from politics around the world: thinking past the next election! Ok, the government has this oil money what should we do with it? Give everyone tax cuts? Build giant vanity projects? Throw a year-long nation-wide party with a kilo of cocaine for every household? Nope, let's invest it into a government owned diverse market fund so the social security of our citizens is sound for generations to come. permalink fedilink source parent hideshow 2 child comments replies: [โ] luckystarr@feddit.de 1 point 2 years ago Took them an oil crisis (70s) to figure this out to be fair. permalink fedilink source parent [โ] SuddenDownpour@sh.itjust.works 8 points 2 years ago And it pays for public pensions. I see that as an absolute win. If there's going to be exploitation of the working class, at least let it be to care for old bums. permalink fedilink source parent
[โ] ThePyroPython@lemmy.world 15 points 2 years ago (1 child) It looks like madness because it's something that's almost completely absent from politics around the world: thinking past the next election! Ok, the government has this oil money what should we do with it? Give everyone tax cuts? Build giant vanity projects? Throw a year-long nation-wide party with a kilo of cocaine for every household? Nope, let's invest it into a government owned diverse market fund so the social security of our citizens is sound for generations to come. permalink fedilink source parent hideshow 2 child comments replies: [โ] luckystarr@feddit.de 1 point 2 years ago Took them an oil crisis (70s) to figure this out to be fair. permalink fedilink source parent
[โ] luckystarr@feddit.de 1 point 2 years ago Took them an oil crisis (70s) to figure this out to be fair. permalink fedilink source parent
[โ] SuddenDownpour@sh.itjust.works 8 points 2 years ago And it pays for public pensions. I see that as an absolute win. If there's going to be exploitation of the working class, at least let it be to care for old bums. permalink fedilink source parent