Post #2726940
2026-04-27 18:32 UTC
A #SovereignWealtFund is primarily built with government __revenues__ (e.g. from commodity exports) and/or __revenues__ from foreign exchange reserves.
Not built with private equity.
Not built with pension funds.
They are built with #revenues from national assets which have no pre-allocation.
This fund will apparently be built by borrowing $25 Billion, of which $18 billion will go into this.
Debt is not a previously known method for creating a SWF.
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Replies (2)
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@Amgine@mamot.fr 2026-04-27 18:32
SWF's are not transparent, and have very high risk for corruption. As they are not accountable to regulators (e.g. not reporting size and source of funds, investment goals, internal checks and balances, disclosure of relationships, or holdings in private equity funds,) they have potential effects on other investors, such as banking, insurance and hedge funds. SWFs have engaged in economic warfare with private and public targets.. 3/
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@Amgine@mamot.fr 2026-04-27 20:01
Correction!! I misread the AP News article. It was translating the Canadian dollars to US dollars: the reported plan is to borrow $25 Billion Canadian Dollars in the Spring update for this initiative.