Sovereign Wealth Funds Debate
Here is a great video discussion of sovereign wealth funds. It is about 6 minutes long and discusses the whether sovereign wealth funds and their investments in US banks, hedge funds and private equity groups are good or bad for Wall Street and America. The video is not of premium quality but the interview is only 5 days old and gives a good introduction to the issues being discussed around sovereign wealth funds.
Direct Hyperlink to this video: http://www.youtube.com/watch?v=uxKpg--Rxjg
I tend to agree with Eli Lehrer in this interview, if foreign governments want to spend their tax money on propping up our economy that is great for us. More intertwined economies gives other countries incentives to build more positive foreign relations and if by some chance we do ever go to war with them their ownership risk is hedged by our ability to seize their assets on these investments.
What is your opinion on Sovereign Wealth Funds? You can always share your opinion on this post or any other by using the comment form below.
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