skeldon_man posted:D2 posted:Vish M posted:The Sovereign Wealth Fund should be independently established
it must not be under any government control
If it follows the Santiago protocol which is the baseline for these funds it will be fine. The problem here is that the government ultimately gets to make demands on it and has the authority to spend it if the so desire. You cannot place such a fund solely in civilian hands. They will promptly begin to live the high life.
Are you saying that this is happening because the government has their hands on the money?
I write clear English. I said what I meant. There are no nuanced opinions there, no subtle gloss.