Look behind the myth of global imbalances - FT - Brittan (Discusses SWFs role)

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mandrews@ips.edu

DATE:

2011-01-07 14:04:24

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<2FEE3849-5E78-4727-84A2-FAB760398C3B@ips.edu>

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Eric Schwerin <eschwerin@rosemontseneca.com>

H

Hunter Biden <hbiden@rosemontseneca.com>

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PROCESSED

Hey-

Hunter I think it would be useful to read this prior to Monday's
meeting. Thad is very touchy about the global view that US is an
economy in decline. We all know it is a relative decline but some of
us bristle when we read about it from writers in perhaps the best
paper in the world - the Financial Times. The role of Sovereign Wealth
Funds are likely to mitigate the effects of some nations ceasing to
buy US dollar denominated instruments.


Michael

http://www.ft.com/cms/s/0/43e2fb2e-19cd-11e0-b921-00144feab49a.html#axzz1AMEzvvAC

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