... which in turn could be invested in his and his cronies' ventures, then carried away to private enclaves in the Middle East and elsewhere. The country is be

... which in turn could be invested in his and his cronies' ventures, then carried away to private enclaves in the Middle East and elsewhere. The country is being outright looted. Also in what universe does it make sense for a country with both a trade deficit and a large domestic spending deficit to have a sovereign wealth fund? A sovereign wealth fund makes sense for countries with large fiscal surpluses.