True Patriot Love - Norway's $2 Trillion Secret： Oil, Funds & Global Power

00:00:00.000 let me ask you when norway created this fund yes what were they trying what problem were

00:00:06.080 they trying to solve was it a problem at the moment that they were trying to solve

00:00:10.160 they were they were trying to fall uh solve a couple problems number one they were trying to

00:00:15.760 solve the problem of making sure that they got returns from a finite resource so they understood

00:00:23.440 right away that oil was a wonderful resource to have in their country to have offshore but it was

00:00:28.960 finite right so they one day it potentially could run out so they decided that what they were going

00:00:35.600 to do is they were going to take the money they made from oil and reinvest it one of the other

00:00:40.720 things they decided was the challenge with having a resource that creates so much wealth that it

00:00:46.160 overheats your economy it actually stimulates your economy too much because once you get that

00:00:52.640 oil coming from that government subsidization it could potentially cause a high level of inflation

00:00:58.080 right so they said listen we're going to put uh spending caps and uh we're going to restrict

00:01:04.160 spending at home and force as much of the money abroad to globally reinvest now i'm going to give

00:01:11.360 you some numbers because this is going to knock you off your seat right so now when i'm this is

00:01:16.320 two trillion dollars sitting in this fund now so think about it since 1990 when they made this

00:01:21.200 strategic decision. So first of all, this fun starts up.

True Patriot Love - May 06, 2026