Sovereign Wealth Funds and National Debt
by Brian Wang from NextBigFuture.com on (#6V282)
China has the second largest sovereign wealth fund in the world at $1.3 trillion and it has over $16 trillion in debt. Singapore also has both a large national debt and a large sovereign wealth fund. The Federal Reserve holds about $4.4 trillion in T-bills and bonds. The US already holds a lot of financial ...