Sovereign Wealth Funds

This is a potentially important item to review, the relatively new phenomenon of "Sovereign Wealth Funds" or large pools of capital owned by foreign governments (many oil producers) that then seek return for their excess capital and invest in other nations. This is of note given the recent information about Citigroup and Merril Lynch being "rescued" by foreign dollards flowing in from places such as Singapore, Kuwait and South Korea.

This will probably result in a backlash, though the reality, in terms of impact is murky and unknown.

http://www.economist.com/opinion/display...

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