Los caprichos tienen sus encantos para algunos,
y para los tales los dejo.
Caprice may have charms for some,
and to them I leave it...
The "myths and realities of sovereign wealth funds".
There is a certain deja vu to this SWF debate.
The panel-lists in charge of such funds proclaimed
that their intentions were pure; they were investing
for the long-term, & had a total hands-off approach
to the management of the companies they buy.
Maybe it's their sheer size that is intimidating.
On a conservative estimate they have assets worth
about $3 trillion, give or take a couple hundred billion.
Thus more ever occurring worries about hidden motives abound.
They don't publish their investment strategy and are
not publicly accountable. There had been "failures galore"
in the world of hedge funds, but all attempts of regulations
had been rejected, because they would "interfere with...
the smooth working of financial markets". YEAH RIGHT!!!
EXIST - GODZILLA
SO AWAKEN & Picture this:
You are finance minister and several
very large banks in your country are in trouble.
An investment fund steps into the breach and provides
the much-needed cash - say $10bn (£5bn) or thereabouts.
It helps to avoid a financial meltdown.
So far so good. But what if this fund is controlled
by a foreign government with unclear intentions?
What if such a fund also wants to buy your nation's most important ports?
And what if the fund takes a large stake in a business
that is a rival to its country's national champion?
Across the Western world, politicians are grumbling,
and economists and business leaders are pricking their ears.
GETTING THE REAL DEAL BOTTOM LINE YET...LINE IS TIGHT
REMEMBER GOOD OL'Richard Fuld, chief executive of investment bank Lehman Brothers, he once predicted that - with other state-controlled firms taken into account, these countries would control $15-20 trillion in 5 years.
The owners are 15 governments, and five of them control 70% of the total.
'Model investors', well with the notable exception of Norway,
all these funds are fairly secretive.
China casts a giant's shadow over the global financial markets,
even if it has mostly used the money to pile up American Treasury bonds.
FEEL THE GLOBAL FUNDS SIX FEET DEEP...
Russia... Chinese... Moaists.. Hindu's..
Nagaland... Myanmar-Burma... IndoNesia...
Korea Audit Hits... Med- Unity Conference Lurks...
While KashMIR...Nepal Blues...Sing More A Coming...
So who here is really prepared to barge into murky
private markets as well as liquid public ones.
It is not the only inscrutable country to be
cosying up to the inscrutable private-equity industry.
Thus around the world, a secretive society is emerging
of governments flush with foreign assets, some of them
petrodollars & mining interests, that are increasingly
calling the shots in all aspects of international finance.
Man, I Don't Have The Time To Give You A Lesson In Time
But I Will Just Say This In Closure Upon Your SleepWalking
Over- Exposure Closing BELLS GOING OFF IN YOUR HEAD BY NOW...
AS A New Faze Matrix Vortex Paradigm Shape Shifter
Med-Bronze Unity-Conference A Coming... Over All Those
Sovereign wealth funds - government-controlled investment funds -
thus it will be one of their upcoming hottest topics...
SO WHO IS REALLY CONTROLLIN WHAT HERE! & WHO HERE!
HISTORY LESSON...Temasek, a Singaporean entity created in 1974
to pool state-owned investments, started to change the mindset.
It subsequently evolved into an even more complex investment vehicle.
The heady combination of state-control, success and secrecy,
entranced other governments.
Recently, central bankers have also begun wondering whether they have a fiduciary duty to make higher returns from the public wealth under their supervision,
which could mean placing at least some part of foreign-exchange reserves in high-yielding, if less liquid, investments.
In Asia this question has become increasingly pertinent
in the past two years, as reserves have mushroomed.
The result has been a torrent of money into a finite pool of assets. There is no precedent for such fortunes suddenly to find their way into global financial markets, and they help explain the waterfall of liquidity that has driven up the value of risky (and less risky) assets of all descriptions around the world. The world's entire supply of shares is $55 trillion, and bonds account for a similar amount.
Sovereign-wealth funds could soon become the most important buyers of such assets, and many others besides.
If so, the world will witness the intriguing spectacle of its largest private companies being owned by governments whose belief in capitalism is often partial.
The last time governments were this involved in sinking money into private assets, the process tended to be called nationalisation.
Now the funds are invested both abroad and domestically.
NOW TAKE YOUR PLACE & COME & SEE TO BEAR WITNESS To...
The angels of the future. These are the projection angels, who forecast a future age and plan for the realization of the better things of a new and advancing dispensation; they are the architects of the successive eras. The group now on the planet has thus functioned since the beginning of the current dispensation.
Those with Futuristic ears "Come, See, Hear of that which awaits...
WITHIN EACH THREAD OF TIME & SPACE IS FOUND THE ARENA
The Arena is not a game.
The Arena is not a product.
The Arena is not a secret.
The Arena is a sacred public ritual and
A Munus (a sacred obligation to the dead, a funeral rite)
THUS HEARKEN QUICKLY TO DEATH'S WINNOWING CALL &...
May The Force Of Truth & Freedom Be With You Always
And So Thus As Always So Be Thus So...
Signed Gladly , Sadly & Tragically
At The Silent PassionSword Blades Edge
We Bitter Over Bitter Sweet Gladiators
Of The Society Of The Sacred PassionsWord
@The Centrist Arena of Gladiators 1981-2008, are # Of
The Society Of The Sacred Sword, a wholly-owned subsidiary
Of $ Grand Journey Enterprise Release LTD, a privately-held
Investigative Research Source of Internet Conspiracy Theory%
"Alone of Angels Death has no love for gifts,
Libation helps you not, nor sacrifice.
He has no altar, and hears no hymns;
From him alone Persuasion stands apart.
"Aeschylus (525-465 B.C.) "Niobe"
