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Sovereign Wealth Funds Briefing - Categorized | People, Trends

Governments have ‘limited firepower’ to deal with future financial shocks: Future Fund

Posted on 02 September 2016

Future Fund chairman Peter Costello says governments are “running out of shots” to protect against any future financial shocks. The head of Australia’s $123 billion sovereign wealth fund said monetary policy alone was no longer enough to stimulate growth in the global economy.
This was creating a growing sense of unease among the investment community that governments would be powerless in the face of another GFC………………………………………..Full Article: Source


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