this post was submitted on 13 Nov 2026
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[โ€“] farmgineer@nord.pub 10 points 1 day ago (1 children)

As someone studying Norwegian and looking to maybe move there, that's a bit unsettling. Granted, Japan is also in a rather precarious position and North America is, well, full of the US.

[โ€“] cabbage@piefed.social 27 points 1 day ago (2 children)

The sovereign wealth fund lost 1500 billion kroner of value since this summer. And that's before the stock market crashes.

All the money in the world is invested in the same scam, so we're not worse off than anyone else. The biggest difference is that we have a lot more money to lose. I'm just angry because we should have been better than that, but instead hired some finance bro with the IQ of a fencepost and no fucking idea what anything is worth to manage the fund. Now is the time for strengthening ethical guidelines, not weakening them. The social democrats won the election, but they're not challenging the leadership of the wealth fund because it's supposed to be "apolitical'.

If funding tech bros is apolitical then so is the guillotine.

[โ€“] dou9m@lemmy.ca 8 points 1 day ago

As an American, Iโ€™m almost certain that your finance bro here is actually an American crony asset meant to do exactly what you are characterizing as incompetence.

[โ€“] plyth@feddit.org 5 points 1 day ago

Iโ€™m just angry because we should have been better than that,

Do you think Norway was allowed to keep the profits while all other oil producing countries are regularly raided?