29.12.2008 - SWFs threatening U.S. national security
From Netnewspublisher.com: Over the years nations - some hostile to U.S. interest - have been using petrodollars and profits from trade surplus with the U.S. to fill their coffers with enormous cash reserves to be used for the sole purpose of buying up U.S. assets. These sovereign wealth funds typically lack transparency and there is a growing fear that nations such as China, Venezuela, Japan, Iran and others could be amassing these huge funds not to advance their own economic interests inside the U.S., which is detrimental enough to the American economy, but rather to advance political agendas..... Full Article: Source
Print