Why are sovereign funds all the rage now?
Observation, first drafted on Oct. 26, published on Oct. 31, 2007
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Excuse us, but we do not understand why neo-conservative finance circles get so excited nowadays about
sovereign funds. After all, these investment vehicles are run by government institutions too. And so neocons
should not be worried at all about their force. For too sure should they be that these funds will ultimately be run
inefficiently, that they would now still have to court them.
No, no, if they want to be honest here, they have to accept that it is their own anti-government and pro-business
stance, which is prohibiting them from worshipping these finance institutions. And so they should brace
themselves for not accepting their liquidity. For too convinced should neocons be that these vehicles will perform
sub-par anyway, that they would now still have to waist time with them.
Given however that neocon finance gurus do everything they can to associate themselves with this state-run
money, we must conclude that their pro-business and anti-government stance is not half as conclusive as they
make it out to be. And so we can only reject the political supremacy that they are vying for. For too arbitrarily do
they apply their own logic that the could now expect to prove their superiority still.
No, no and a third time no, if someone truly strives for a cultural revolution, he cannot discard his convictions
when opportunism seems to dictate that. And so he has to accept the short-term shortfalls that unrealized
opportunities create for him. For too much would he else have flip-flopped in the tide that he could now still hope
to master it.
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