I guess conversely one could look at how the huge SWFs of Saudi Arabia and Kuwait for example invest in foreign entities/industries and thus secure an element of control over them as well as financial gain. Is that worse or better than the US maintaining control and financial gain over its own industries? Tricky one.
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Right, and if this is something the US is going to do anyway, is it better to establish it now under this administration, or under some future administration with different priorities? I guess the details will matter, but it just feels like it opens a big can of state-owned-everything worms.