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Another scary line

“Were China’s [sovereign wealth] fund so inclined, it could buy Ford, G.M., Volkswagen, and Honda, and still have a little money left over for ice cream.”

James Surowiecki.

A sovereign wealth fund is an investment fund controlled by a government.

Posted on November 25, 2007November 25, 2007Author NewMexiKenCategories Best Line of the Day, Economics & Business

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