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Why are sovereign funds all the rage now?
Observation, first drafted on Oct. 26, published on Oct. 31, 2007

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 try to court them in the first place. After all, they will only be run just as inefficiently, as
neo-conservative ideology has it that governments are working anyway.
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