Oh for real? Wow. I thought it would be pretty simple.
PicklePanther9000 on
I dont see what this would accomplish that couldnt be done via normal changes to government policy
SharkSymphony on
> Such government investment vehicles are popular in Asia and the Middle East. They allow countries like China and Saudi Arabia to direct their budget surpluses toward a wide range of investments and wield their financial influence around the world.
> While some individual states have their own versions of wealth funds, the United States, which runs large budget deficits, has never pursued one.
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[archive link](https://archive.is/xxHeD)
Oh for real? Wow. I thought it would be pretty simple.
I dont see what this would accomplish that couldnt be done via normal changes to government policy
> Such government investment vehicles are popular in Asia and the Middle East. They allow countries like China and Saudi Arabia to direct their budget surpluses toward a wide range of investments and wield their financial influence around the world.
> While some individual states have their own versions of wealth funds, the United States, which runs large budget deficits, has never pursued one.
That article ended faster than I was expecting.