Thursday, September 1, 2016

Thursday 09-01-16

It is just a matter of time before our government decides publically to do something similar, imo.

 

Norway Raids Sovereign Wealth Fund To Cover Government Expenses


Norway's $890 billion sovereign wealth fund has long acted as a backstop for global equity markets due to it's ability to measure risk over the long-term.  But that may be coming to an end as Deputy Governor at Norway’s Central Bank, Egil Matsen, warns that withdrawals are "relevant for how we think about the risk-bearing capacity of the fund

read the rest at 

http://www.zerohedge.com/news/2016-08-29/norway-raiding-sovereign-wealth-fund-cover-government-expenses




 

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