101–110 of 131 posts
I know it is not the same thing, but in case people aren't already aware, Alaskan residents have long owned stocks in private companies. It is called the Alaska Permanent Fund and a constitutionally established sovereign wealth fund invested in a diversified portfolio and managed by a state-owned corporation, the Alaska Permanent Fund Corporation. Earnings help fund the state government and annual dividend checks are…
I know it is not the same thing, but in case people aren't already aware, Alaskan residents have long owned stocks in private companies. It is called the Alaska Permanent Fund and a constitutionally established sovereign wealth fund invested in a diversified portfolio and managed by a state-owned corporation, the Alaska Permanent Fund Corporation. Earnings help fund the state government and annual dividend checks are…
it is not the same thing :)
I'm sorry if your interest wasn't piqued or you were already aware of the fund.
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Seems like it'd be a lot cheaper to work with china rather than pretend like they're going to attack us.
When it comes to China it's best to remember the Boy and the Rattlesnake Story.
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The issues with this are precedent/slippery slope. Today it's a small stake in a small number of companies, but empirically government initiatives almost always grow. Once entrenched, I would be willing to bet that the government will take larger and larger stakes in a bigger and bigger number of companies until this model becomes a non-trivial, potentially dominant, share of the economy. I can see myself becoming a…
Anything is a slippery slope if you resign to it. It's not like governments have never been willing (or forced) to privatize or reduce their roles in markets. We are exchanging ideas on a government initiative
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Seems like it'd be a lot cheaper to work with china rather than pretend like they're going to attack us.
When it comes to China it's best to remember the Boy and the Rattlesnake Story.
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Exactly, few would oppose a stake in rare earths mining or something, but the more likely endgame of this is a government stake in companies like Google and Palantir. Which will inevitably lead to even more influence and “special access” privileges. Edit: others have pointed out that the government likely already had investments in most of these tech firms through In-Q-Tel, which is also a potential issue, but that’s…
I'm against the government having stake in any private company. It incentivizes the wrong behaviors. Regulations need to be written by a neutral party. Policy decisions need to be fair and balanced between the players in the market, not favoring one that they "own".
Do I think we have that kind of restraint? No. It’s probably going to end up this way. Our future is all the bad parts of China without any of the good.
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Really? It is quite fashionable to call the US fascist while going gaga at other countries that have similar or worse conditions. Let me bring receipts. https://www.econstor.eu/bitstream/10419/263159/1/1815112018.... The most striking difference is that top investors in Europe hold much higher stakes than in the United States. The top ten in Europe features several governments. https://en.wikipedia.org/wiki/Category:…
The investments listed here in the article make this seem like an effort to shore up or incentivize industries or companies that are integral to national defense. One example, in the ongoing US-China trade war one of the strongest moves China did was put [export controls on rare earth minerals][1] which are essential components across technology, defense, and healthcare to name a few. The government investing in thes…
Seems like it'd be a lot cheaper to work with china rather than pretend like they're going to attack us.
Earlier quoted context omitted.
Seems like it'd be a lot cheaper to work with china rather than pretend like they're going to attack us.
When it comes to China it's best to remember the Boy and the Rattlesnake Story.