>I'd like to point out a HUGE fallacy in this "simple" plan -- it only works in low population high natural capital resource areas. Alaska and Norway happen to be relatively remote/cold places with an abundance natural gas/oil. Norway's 1T dollar fund would be comical at US scale.
What makes natural resources different from capital such that these wealth funds work with natural resources but not capital?
What makes natural resources different from capital such that these wealth funds work with natural resources but not capital?