Geopolitics

BUYER BEWARE: Mark Carney Pitches a Canada “Wealth” Fund - Funded With Government Debt - What Could Possibly Go Wrong? - EnergyNow

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DW NOTE

Carney ran the Bank of England through £895 billion in QE and now wants to run a sovereign wealth fund on borrowed money. A wealth fund is meant to invest surpluses you already have. Borrowing to invest is called a leveraged bet, and when governments do it at scale, the losses get socialised while the fees go to Bay Street.

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

For the first four months of the war between the United States and Israel and Iran, oil traders remained largely bearish. The overwhelming expectation was that the war would end soon—even as July rolled around—and oil flows out of Hormuz would recover. Instead, the world is slipping into a fuel shor

BUYER BEWARE: Mark Carney Pitches a Canada “Wealth” Fund - Funded With Government Debt - What Could Possibly Go Wrong? - EnergyNow

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

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