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- When Sovereign Wealth Funds Invest for Political Reasons
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The US is the world’s sole superpower: it has global influence both politically and militarily which no other country can even dream of. What’s more, it does not hesitate to use that influence in its own best interests.
The one thing the US doesn’t have, of course, is a large amount of money in the bank. In fact, as the world’s largest debtor, it borrows billions of dollars from the rest of the world every day. So my eyebrows rose a little when I saw that former US Treasury secretary L…
Original Source
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31 January, 2008| Economy |
@ 19:21
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