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Like us, Norway hit the North Sea oil and gas jackpot in the 1970s... but their politicians created the world's biggest wealth fund - while ours frittered the money away: ROBERT HARDMAN
Norway's discovery of North Sea oil and gas in the 1970s led to the creation of the world's largest wealth fund by its politicians, contrasting with another nation's failure to manage similar resources effectively. The article highlights the long-term financial planning versus short-term mismanagement.
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