BREAKING NEWS Trump signs an executive order to create a sovereign wealth fund!

Discussion in 'Wall St. News' started by TrAndy2022, Feb 3, 2025.

  1. SunTrader

    SunTrader

    Another stitch in the rug .... that will be pulled in 1929 2029.
     
    #11     Feb 3, 2025
    TrailerParkTed and PennySnatch like this.
  2. mervyn

    mervyn

    #12     Feb 3, 2025
    TrAndy2022 likes this.
  3. If they buy TikTok through the fund, isn't that nationalizing a company?

    Mostly, a communist thing to do if you ask me.
     
    #13     Feb 3, 2025
    zdreg likes this.
  4. maxinger

    maxinger

    SWF to invest in

    Tiktok

    Panama's Ports at Pacific and Atlantic coasts

    drill drill drill things along Pacific and Atlantic coasts

    drill drill drill things in Alaska

    Mega Iron dome for the US

    Greenland acquisition

    Canada acquisition

    Moon and Mars acquisition?


    Who knows, SWF could be worth trillions and trillions of dollars.
     
    Last edited: Feb 3, 2025
    #14     Feb 3, 2025
  5. zdreg

    zdreg

    It is a communist thing. It started with the Republican Richard Nixon opening the door to China and no longer requiring the treasury to offer gold as backing the US dollar and instituting wage and price controls to fight inflation.
    Trump is cut from the same cloth.
     
    Last edited: Feb 3, 2025
    #15     Feb 3, 2025
    comagnum and Drawdown Addict like this.
  6. nitrene

    nitrene

    Just convert SSA to SWF money. SSA had it's money in 1% bonds from 2009-2022. That was a great investment, right? Buying equity shares is what it should've done all along, especially after a once in 80 year event like the 2008 GFC.

    I remember GWB tried that but he was labeled a granny killer because 1929 was right around the corner.
     
    #16     Feb 3, 2025
    TrAndy2022 likes this.
  7. SunTrader

    SunTrader

    Hindsight is a great ummm strategery. ;)
     
    #17     Feb 3, 2025
  8. Sprout

    Sprout

    Misleading headline. He signed an EO to 'call for' a SWF not the creation of one.
     
    #18     Feb 3, 2025
  9. What is funny to me is that these guys define themselves as libertarians when they are asked to pay taxes.

    But when they are given any power they are the worst communist dictators you have ever seen.

    I always thought that liberals and libertarians are full of shit. And the more I see them, the more I get confirmations of that.
     
    #19     Feb 3, 2025
  10. otctrade

    otctrade

    That part yes. The way it works in Hungary is the Govt buys it with public funds then later on they re-privatize it by selling to one of their buddies for cents on the dollar. Finally, the company is re-sold once again but this time at actual market value. Profiting the difference.
     
    #20     Feb 4, 2025
    Picaso likes this.