Geopolitics

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

Source: EnergyNow

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DW NOTE

Mark Carney wants to borrow money the government doesn't have to invest in projects the market won't fund — and he's calling it a wealth fund. Canada's debt-to-GDP is already 106%. A sovereign wealth fund is what you build with budget surpluses, not what you rename deficit spending when you run out of other ideas.

Read the full story at EnergyNow →

The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des

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

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