This is one of those nerdbait topics. Every tunnel in the rabbit warren splits into more and everyone ends up arguing with themselves about completely disparat

This is one of those nerdbait topics. Every tunnel in the rabbit warren splits into more and everyone ends up arguing with themselves about completely disparate topics. Does money have a nationality? / If you owe the bank a million, it owns you. If you owe the bank a billion, you own the bank. Does that apply here? / Taking money from morally questionable people... what about X? / Is Saudi Arabia going to liberalize? Will there be a republican revolution? Do monarchies suck? / Islamic banking? / Foreign shareholders = censorship? Down in my tunnel... I'm getting kind of fascinated by these sovereign wealth funds. Norway, being democratic and having a better run wealth fund, is a better example. The last 15 years of bull markets have been sort of fraught. Government and personal debts got big, as asset prices grew. Sovereign wealth funds give the government/public a stake... and countries that have these are in very strong positions. It makes so much more sense to hold stocks and bonds than gold and forex... maybe. That way, national treasuries finance real economic activity. In an adjoining tunnel someone is worried about malinvestments.