The Last Thing America Needs Is a Sovereign Wealth Fund.

Saved in:
Bibliographic Details
Title: The Last Thing America Needs Is a Sovereign Wealth Fund.
Authors: Burshtein, Dimitri (AUTHOR)
Source: Wall Street Journal - Online Edition. 3/12/2025, pN.PAG-N.PAG. 1p.
Subjects: Investors, United States economy, Public investments, Sovereign wealth funds, Decision making in investments
Abstract: The article argues against the establishment of a U.S. sovereign wealth fund (SWF), highlighting the economic risks and potential political interference it could bring. It emphasizes that the U.S., with its large deficits and debt, is not suited for an SWF, unlike smaller nations with fiscal reserves. The text warns that an American SWF could distort markets, invite government interference, and undermine the constitutional separation of powers, potentially granting the president unprecedented authority over the economy. [Extracted from the article]
Copyright of Wall Street Journal - Online Edition is the property of Dow Jones & Company Inc and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Database: Regional Business News
FullText Text:
  Availability: 0
Header DbId: bwh
DbLabel: Regional Business News
An: 183605534
AccessLevel: 6
PubType: News
PubTypeId: newspaperArticle
PreciseRelevancyScore: 0
IllustrationInfo
Items – Name: Title
  Label: Title
  Group: Ti
  Data: The Last Thing America Needs Is a Sovereign Wealth Fund.
– Name: Author
  Label: Authors
  Group: Au
  Data: <searchLink fieldCode="AR" term="%22Burshtein%2C+Dimitri%22">Burshtein, Dimitri</searchLink> (AUTHOR)
– Name: TitleSource
  Label: Source
  Group: Src
  Data: <searchLink fieldCode="JN" term="%22Wall+Street+Journal+-+Online+Edition%22">Wall Street Journal - Online Edition</searchLink>. 3/12/2025, pN.PAG-N.PAG. 1p.
– Name: Subject
  Label: Subjects
  Group: Su
  Data: <searchLink fieldCode="DE" term="%22Investors%22">Investors</searchLink><br /><searchLink fieldCode="DE" term="%22United+States+economy%22">United States economy</searchLink><br /><searchLink fieldCode="DE" term="%22Public+investments%22">Public investments</searchLink><br /><searchLink fieldCode="DE" term="%22Sovereign+wealth+funds%22">Sovereign wealth funds</searchLink><br /><searchLink fieldCode="DE" term="%22Decision+making+in+investments%22">Decision making in investments</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: The article argues against the establishment of a U.S. sovereign wealth fund (SWF), highlighting the economic risks and potential political interference it could bring. It emphasizes that the U.S., with its large deficits and debt, is not suited for an SWF, unlike smaller nations with fiscal reserves. The text warns that an American SWF could distort markets, invite government interference, and undermine the constitutional separation of powers, potentially granting the president unprecedented authority over the economy. [Extracted from the article]
– Name: AbstractSuppliedCopyright
  Label:
  Group: Ab
  Data: <i>Copyright of Wall Street Journal - Online Edition is the property of Dow Jones & Company Inc and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.)
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bwh&AN=183605534
RecordInfo BibRecord:
  BibEntity:
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 1
        StartPage: N.PAG
    Subjects:
      – SubjectFull: Investors
        Type: general
      – SubjectFull: United States economy
        Type: general
      – SubjectFull: Public investments
        Type: general
      – SubjectFull: Sovereign wealth funds
        Type: general
      – SubjectFull: Decision making in investments
        Type: general
    Titles:
      – TitleFull: The Last Thing America Needs Is a Sovereign Wealth Fund.
        Type: main
  BibRelationships:
    HasContributorRelationships:
      – PersonEntity:
          Name:
            NameFull: Burshtein, Dimitri
    IsPartOfRelationships:
      – BibEntity:
          Dates:
            – D: 12
              M: 03
              Text: 3/12/2025
              Type: published
              Y: 2025
          Identifiers:
            – Type: issn-print
              Value: 25749579
          Titles:
            – TitleFull: Wall Street Journal - Online Edition
              Type: main
ResultId 1