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Sovereign Wealth and Sovereign Power

Price: Free
Report Format: PDF
Date Published: September 15, 2008

America's current account deficit is financed by foreign purchases of such assets as Treasury securities and stakes in US firms. A good deal of these purchases today are made by the central banks and sovereign wealth funds of countries that do not share many American political values and foreign policy goals. This report from the Council on Foreign Relations addresses the potential strategic implications of US indebtedness.


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