Saturday, August 5, 2017

The Swiss Problem-The Entire Point Of A Sovereign Wealth Fund Is That It Doesn't Invest Domestically

Thus the Swiss wealth fund proposal is, by spending the cash domestically, exactly the opposite of why we might have a sovereign wealth fund in the first place. But then this is an economic idea from a socialist, isn't it?

from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/08/05/the-swiss-problem-the-entire-point-of-a-sovereign-wealth-fund-is-that-it-doesnt-invest-domestically/
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