Why a Sovereign Wealth Fund Won't Save America

The USA wants its own sovereign wealth fund. Think Norway’s oil billions or China’s trillion-dollar flex. But with no surplus cash and a mountain of debt, is this genius or just silly? We dive into how it could work, the hurdles it faces (tax breaks, borrowing risks), and what it might mess up (markets, geopolitics). From ancient gold reserves to modern funds, we unpack it all. Plus, why the US might just be swinging a mallet when it needs a scalpel. Watch now!

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[MikaelEriksen]

Norway actually has two sovereign wealth funds. The big one you’ve covered extensively, but the small one is not very well known even in Norway. It’s called folketrygdfondet (the welfare fund), and it only invests in the domestic Norwegian market. It’s roughly worth around 35 billion USD, and it was started off of surplus pension money in the 60’s. Politicians only recently started spending from it. Not because they needed more money, but because they were becoming too dominant on the Oslo stock exchange.

[lakeguy]

the problem with a Leveraged Soveriegn Wealth Fund is that will be a strong incentive for the government to manipulate equity markets.

[ccabalar]

"the government shuts itself down from time to time, its a very strange ritual." I choked on my lunch I laughed so unexpectedly.

[mahir]

us is a debt heavy economy. there entire growth is fueled by debt...how on earth are they going to maintain a S.W.F?

[CanusDirusx]

I can’t wait to see the US government go all in on Tesla, NFTs and The Line.

[nathanielstove]

Just start taxing college football and you’ll have a wealth fund before you know it 😂

[MirkoRatar]

I swear, Bevelorus The Hidden Codex of the Financial Alchemists is one of the best books I’ve read. It’s life-changing.

[baruchspinoza]

I am under strong impression that Trump was brought to power by the group of very successful short sellers.

[JoeyPthemainsqueeze]

It makes a lot more sense for each individual state to have their own sovereign wealth funds.

[MindLitch]

Would love for you to do an in depth video on Australia’s wealth funds and the fact that they don’t utilise resource revenue like they should.

[_ata_]

Very nice analysis on why there are no magic formulas for every country.

[NotFluplaxio]

Like everything in the US involving money, my question will always be how is it going to be implemented? Who will benefit? How will it be skirted around/abused?
No politician will ever ask it, but I think about it a lot.

[aroto]

well, your conclusion makes sense, it will be something that they vaguely do and use to prop up their friendly companies and political points

[alancadorette]

wasn't social security supposed to work like a this

[rmidifferent]

If a Tesla ad in the white house did not help Elon enough then a fund probably would. The fund would probably include a lot of Tesla stock which definitely would be an accident

[Kelfuma]

It's like the East India Company all over again. A sovereign nation with vested interest in stock performance will more likely try to exert its influence to boost performance even if it means military aggression.

[DouglasJWalker]

I'm just amazed each time on the thinking of these topics. Many times I'm like, oh, that's simple and true but I would not have thought that.

[rate]

There already is a US Sovereign Wealth Fund, it's called US Military Budget ... worked like a charm for decades.

[missinglinq]

The US sovereign wealth fund is its ability to spend like drunken sailors with seemingly no consequence.