thod
02-25-2008, 10:58 AM
So greenspan has backed them.
SWFs are estimated to manage about 2.5-3.0 trillion dollars, with five countries managing about 70 percent of this, the chief executive of Lehman Brothers, Richard Fuld, said at the time.
He said the amount under management could rise to 15-20 trillion dollars in the next five years.
Funds exist in China, Kuwait, Singapore and the UAE, as well as Russia and Norway, and several of them have made a 60-billion-dollar cash injection into Western banks struggling with the fallout of the US subprime crisis.
What these are is overseas governments, not individual, managing their excess oil wealth etc. With 20 trillion they should be able to buy out every farm in America. If I was in a desert like Kuwait, then I can secure all the food for my babies by owning all the food supplies. The US citizens cant have any food unless I say so, all the people now work for me, the overseas government. You have to laugh, for centuries we had the locals working in the foreign owned banana plantations. Now its the going to be the other way around. America cant do crap, foreigners already own half the industry.
We throw a few million to get our tame people into office since US elections are bought and sold. The joys of capitalism. You work on my farm, or in my factory. Either way you work for me, you vote for my politician, and I tell you who to vote for via my media network.
You see Hugo Chavez complaining that everything in his country is foreign owned and the US fighting him for it. Same with Castro. Now the same thing is going to happen to America. Will they extol the virtues of private ownership then or will they become all revolutionary like those unruly foriegn peasants. Its high time the British brought a claim for all the land they lost in 1776.
SWFs are estimated to manage about 2.5-3.0 trillion dollars, with five countries managing about 70 percent of this, the chief executive of Lehman Brothers, Richard Fuld, said at the time.
He said the amount under management could rise to 15-20 trillion dollars in the next five years.
Funds exist in China, Kuwait, Singapore and the UAE, as well as Russia and Norway, and several of them have made a 60-billion-dollar cash injection into Western banks struggling with the fallout of the US subprime crisis.
What these are is overseas governments, not individual, managing their excess oil wealth etc. With 20 trillion they should be able to buy out every farm in America. If I was in a desert like Kuwait, then I can secure all the food for my babies by owning all the food supplies. The US citizens cant have any food unless I say so, all the people now work for me, the overseas government. You have to laugh, for centuries we had the locals working in the foreign owned banana plantations. Now its the going to be the other way around. America cant do crap, foreigners already own half the industry.
We throw a few million to get our tame people into office since US elections are bought and sold. The joys of capitalism. You work on my farm, or in my factory. Either way you work for me, you vote for my politician, and I tell you who to vote for via my media network.
You see Hugo Chavez complaining that everything in his country is foreign owned and the US fighting him for it. Same with Castro. Now the same thing is going to happen to America. Will they extol the virtues of private ownership then or will they become all revolutionary like those unruly foriegn peasants. Its high time the British brought a claim for all the land they lost in 1776.