Originally posted by Pickle2
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Previously on "Sovereign Wealth Funds may save us from recession ..."
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SWFs keeping prices of stock up wont save us from the big R though will it?
Unless the SWFs prevent the housing crash by starting to buy up all the overpriced housing stock we are fecked anyway.
I somehow doubt they will.
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All globalisation is good remember.
All UK manufacturing, service sector and research overseas.
All UK businesses foreign owned
All UK property foreign owned.
Sounds like a good plan.
HTH
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Sovereign Wealth Funds may save us from recession ...
... but at what price? A fall in asset prices during a recession may be partly ameliorated by SWFs bargain hunting and thus driving the price up.
But yet more assets become foreign owned.
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