An MMT site bringing you dogma-free economics without the pleadings of self interest
Wednesday, June 17, 2009
China’s Sovereign Wealth Fund Aims to Invest in Hedge Funds
The Chinese don't need to beat us militarily. (They know they can't, anyway.) They're smarter than that. They'll just pour billions into hedge funds knowing that these opportunistic money-hungry speculators will run rampant in the "free market," unregulated U.S. economy and blow it up for good next time.