|"Norway’s sovereign wealth fund hit $1 trillion for the first time on Tuesday, driven higher by climbing stock markets and a weaker U.S. dollar.|
The milestone valuation was reached for the first time on Sept. 19 at 2:01 a.m. in Oslo, Norges Bank Investment Management said in a statement on Tuesday."
What we believe and what are true are sometimes not the same thing. Norway has far more socialism than the US and they now have one of the largest sovereign wealth fund in the world. Unlearning is sometimes harder than learning.