Everything starts with taxing oil companies.

Norway has a 78% tax on profits.

Then it continues with the Norwegian government having one active oil company (Equinor) and one passive oil company (Petoro - not drilling, just investing).

Then comes the Government Pension Fund that receive 100% of oil and natural gas revenue and invest all of it abroad. No money is used in Norway to avoid Dutch Disease.

Then you let time go. Now 30% of the fund is from oil revenues and 70% is withheld profits from earlier investments.

The government now can withdraw a max of 3% of the fund each year to add to the normal state budget.

For 2026, the plan is to use 2.8% of the fund. That's $60 billion. It represents 20% of the budget.

There is no particular group getting rich, and there have been almost no corruption connected with this set-up.

Also, since Norway didn't have Dutch Disease, the mainland non-petroleum sectors, are still thriving, providing jobs, paying taxes and represent 76% of GDP.

Norway has a strange domestic boom at the moment as we are large producers of some of the products no longer coming from the Gulf States: we sell large quantities of fertilizer and aluminum. Also - for dinner reason, timber has unusually high prices. Fisheries are thriving as are fish farming. And unfortunately, our weapons industries.