Friday, Jun 08, 2007

Another nice mess you got me into

bloomberg.com: A $12 Trillion Monster Threatens Globalization: William Pesek

A $12 Trillion Monster Threatens Globalization:For years, globalization's discontents have hoped to derail the free movement of goods, capital and people. Most governments held firm, betting there's more to gain than lose from the phenomenon. Wouldn't it be rich, then, if many of those governments are unwittingly setting the stage for globalization's demise? They may be doing just that with the proliferation of so-called sovereign wealth funds.

Posted by chris @ 07:23 AM (134 views) Add Comment

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