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bucolic_frolic

(55,615 posts)
1. We are being outclassed and we are slipping behind.
Sat May 2, 2026, 09:19 PM
Saturday

Gemini: "A sovereign wealth fund (SWF) is a state-owned investment fund composed of surplus government reserves, often from natural resources or trade surpluses, invested in global assets to achieve long-term financial returns and economic stability. These funds aim to secure future prosperity, diversify economies away from finite resources, and manage currency reserves. Risks include potential lack of transparency, susceptibility to political influence, and, in some cases, raising concerns about national security and protectionism, often necessitating oversight bodies like the Committee on Foreign Investment in the United States (CFIUS). Key players include Norway's Government Pension Fund Global, China Investment Corporation, and Abu Dhabi Investment Authority."

So Canada is focused on long term growth and capital preservation to cushion rough times. If we did this with Social Security, there would be nothing to invest because we use current funds to pay benefits.

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