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Politics : View from the Center and Left
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To: arno who wrote (143080)8/25/2010 8:24:16 PM
From: Snowshoe  Read Replies (1) of 540800
 
The principal in the fund comes from oil revenue, but the dividends are paid out of investment earnings.

The politicians could have just spent all the oil revenue as it came in, like most petrostates. But they saved and invested a significant chunk of it.
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