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Sovereign Wealth Funds Briefing - Categorized | Market

The one with the money makes the rules

Posted on 26 September 2008

From Forbes.com: For the past 20 years, globalization has relentlessly diffused power and technology into the hands of rising powers like China and India, while control over energy resources has propelled Russia, Brazil, Venezuela, Kazakhstan and Saudi Arabia into the tier of pivotal states as well. The axiom at play is as familiar to historians, economists, and realists as it is shocking to those who cling to American exceptionalism: The one with the money makes the rules… Full article: Source


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