Author Topic: Donald Trump Orders Start of a Sovereign Wealth Fund: What to Know  (Read 578 times)

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Offline libertybele

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Donald Trump Orders Start of a Sovereign Wealth Fund: What to Know



President Donald Trump on Monday signed an executive order directing the U.S. Treasury and Commerce departments to establish a sovereign wealth fund.
Why It Matters

Trump indicated that the fund could potentially be used to purchase TikTok, the popular social media app that was briefly taken offline on January 19 before a law took effect mandating that its parent company, Bytedance, divest from it or face a ban.

Critics argued that banning the app would disrupt the creator economy and disproportionately affect small businesses that have reaped economic benefits from the platform. Ban proponents raised national security concerns. The fund could present an alternative to keep the app open while addressing those concerns.

What Is A Sovereign Wealth Fund?

A sovereign wealth fund (SWF) is a state-owned investment fund composed of assets such as stocks, bonds, real estate or other financial instruments. The funds are typically established by governments to achieve specific economic objectives and are often generated from budgetary surpluses, foreign currency operations, proceeds from privatizations, governmental transfer payments and revenue generated from resource exports.
Key characteristics and purposes of sovereign wealth funds:

    Stabilization Fund: To insulate the national budget and economy from commodity price swings or economic shocks.
    Savings Fund: To build wealth over the long term, particularly for future generations.
    Pension Reserve Fund: To cover future pension liabilities and ensure long-term fiscal health.
    Development Fund: To fund social and economic development projects like infrastructure or education.
    Strategic Investment Fund: To influence or acquire strategic assets that can benefit national interests.

Examples of prominent sovereign wealth funds include Norway's Government Pension Fund Global, Abu Dhabi Investment Authority and China's China Investment Corporation.........

https://www.newsweek.com/trump-sovereign-wealth-fund-tik-tok-executive-order-2025391




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Offline IsailedawayfromFR

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Re: Donald Trump Orders Start of a Sovereign Wealth Fund: What to Know
« Reply #1 on: February 04, 2025, 01:57:13 am »
Who controls this fund will be paramount so it does not become the politicians' new slush fund
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington

Offline jafo2010

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Re: Donald Trump Orders Start of a Sovereign Wealth Fund: What to Know
« Reply #2 on: February 04, 2025, 02:34:43 am »
Reading the above made me think back to the days with the start of the personal computer.  Do you remember the software package(s) you used before MS Word became entrenched as the dominant word processing package?  Do you remember the spreadsheet package(s)?

I honestly do not recall the first word processing package, but I liked it more than Word Perfect, which I used for years before MS Word became the dominant word processing software.  For spreadsheets, I used Lotus 1,2, 3 for years before moving over to MS Excel.  And in every case, I liked the prior software more than the new software.

So, I say ban TikTok and allow something else to rise up and dominate the market.  Initially there will be those that scream and cry, but eventually the market will allow something else to dominate that is NOT A THREAT TO NATIONAL SECURITY. 

If TikTok is in fact a threat to national security, there is no mystery what needs to be done.  SHUT THE DAMN THING DOWN ALREADY!!!!!!!!

Offline Timber Rattler

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Re: Donald Trump Orders Start of a Sovereign Wealth Fund: What to Know
« Reply #3 on: February 04, 2025, 10:38:12 am »
What could go wrong (when Democrats are back in power again)?
aka "nasty degenerate SOB," "worst of the worst at Free Republic," "Garbage Troll," "Neocon Warmonger," "Filthy Piece of Trash," "damn $#%$#@!," "Silly f'er," "POS," "war pig," "neocon scumbag," "insignificant little ankle nipper," "@ss-clown," "neocuck," "termite," "Uniparty Deep stater," "Never Trump sack of dog feces," "avid Bidenista," "filthy Ukrainian," "war whore," "fricking chump," "psychopathic POS," "depraved SOB," and "Never Trump Moron."

"In a time of universal deceit - telling the truth is a revolutionary act."  ---George Orwell