On Feb 3 - US Pres. Donald Trump ordered for the creation of a 'United States Sovereign Wealth Fund', possibly to facilitate the acq. of TikTok.
What's a SWF?
→ SWFs are state-owned investment funds that manage a nation's excess reserves (Funds oft
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Anonymous 1
Hey I am on Medial • 3d
This is a terrifying amount of state power creeping into private markets. SWFs are fine when they’re funding roads or hospitals. But when they start acquiring tech companies? That’s a slippery slope to government-backed monopolies.
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