Welfare states work best when the majority of the population has that attitude. ... | Hacker News

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		rayiner 44 days ago \| parent \| context \| favorite \| on: Can a Country Be Too Rich? Norway Is Finding Out Welfare states work best when the majority of the population has that attitude. It keeps the most people in the “producer” column and fewer people in the “being supported” column.

triceratops 44 days ago [–]

When you have a sovereign wealth fund that invests abroad, the "producer" column can be the rest of the world.

It'll work as long as those other countries respect property rights of foreign investors.

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