Incubi said:
Right now, like in Eve interestingly enough, corporations are investing in monetizing space - so the advancements are going to come from that. But, even the biggest corporations are a joke compared to what a rich country can invest. As an example, my country is a rich country. We often talk about Nintendo's cash reserves being around 11 billion dollars, Microsoft cash reserves being 63 billion dollars. Norway cash reserves is currently at 700 billion dollars with no debt. http://www.reuters.com/article/2013/03/24/us-norway-oilwealth-idUSBRE92N07M20130324 It's clear that a nation can invest much more into space technology than a privately funded corporation. So if nation states had invested in space technology we'd prolly be much further along. |
I swear I don't understand why the US doesn't fund things like Social Security with a soverign wealth fund instead of government IOUs.
They're just so helpful.
Although, Norway does have debt... just not much compaired to most nations.













