There are some pretty big claims being made these days for sovereign wealth funds, or SWFs. They represent a fundamental shift in the global balance of power. They are going to galvanise world equity markets as they shift their enormous firepower out of bonds. And they are riding to the rescue of the western banking system. None of these would be a bad thing, and the last would be positively ...
From: news.yahoo.com
Why SWFs will not fix the western financial mess
Posted by Ruslan Abuzant at 11:24 AM
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