Comment by ninjagoo

  > Norway is the 5th largest weapons and defense manufacturer

Any evidence for this? Norway shows as 13th on the list of arms exporters, and is 1/42 of US exports [1]. If counting total manufacturing, Norway is 1/100th to 1/150th of US volume, based on how you count. [2]

  > while the so called Oil Fund doesn't directly invest in them, Kongsberg is 50% state owned.

Kongsberg is a conglomerate with non-defense businesses [3]. The volume of defense-related product is not called out but Norway's total is just around $2.5B [4] compared to US at $334B [5] or about 1/133. Your point does stand as hypocrisy at the state level; though management decisions are likely separate between the two entities and not coordinated at the state level.

  > Glad Norway's oil fund has some sense and is above the virtue signaling of the Danes.

That is two claims: that the Danish fund lacks judgment, and that its policy is performative. Any evidence?

  > so called Oil Fund

'Oil fund' is fair shorthand - it's funded by petro wealth. 'so called Oil Fund' seems to be a sneer. Combined with 'some sense' and 'virtue signaling,' it reads less like argument and more like contempt.

  [1] https://www.sipri.org/sites/default/files/2026-03/fs_2603_at_2025.pdf
  [2] https://www.sipri.org/sites/default/files/2025-11/fs_2512_top_100_2024.pdf
  [3] https://nordicdefencereview.com/operating-in-more-than-40-countries-kongsberg-norway-2024-performance-review-and-growth-outlook-kongsberg-norway-2024-results-and-growth-trajectory/
  [4] https://www.researchandmarkets.com/reports/6052795/aerospace-and-defense-in-norway
  [5] https://www.sipri.org/media/press-release/2025/sipri-top-100-arms-producers-see-combined-revenues-surge-states-rush-modernize-and-expand-arsenals