#1 2025-02-03 19:26:35
Oh look, what a plan for the tariff bounty!
Trump signs order to create sovereign wealth fund that could buy TikTok
A sovereign wealth fund would act as an investment fund for the country, operating outside of the Federal Reserve and the treasury department. Few details were offered about the creation of the fund, which would require congressional approval, including where the cash for a potential fund would come from.
“We have tremendous potential,” Trump said from the Oval Office on Monday afternoon. “I think in a short period of time, we’d have one of the biggest funds.”
Trump floated the idea of a sovereign wealth fund on the campaign trail, saying in September that it can use “all this money that will be taken in through tariffs and other intelligent things”.
“We’ll have the greatest sovereign wealth fund of them all,” he said at the time.
Last edited by Johnny_Rotten (2025-02-03 19:40:23)
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#2 2025-02-19 22:31:46
Speaking at the Future Investiment Initiative, a global finance conference in Miami organized by Saudi Arabia’s sovereign wealth fund, today, Donald Trump said the United States is “back and open for business” and that the “dark days of high taxes, crushing regulations, rampant inflation, flagrant corruption, government weaponization…and total incompetence will be gone for ever.”
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#3 2025-02-20 08:00:10
And, as usual, he has no explanation as to how that's going to happen. Just speaking it into existence again.
We all know how he could get rid of "total incompetence", just slit his own throat.
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#4 2025-02-20 12:45:16
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