The Shadow Market: How Sovereign Wealth Funds and Rogue Nations Threaten America’s Financial Future by Eric J. Weiner
Requirements: .ePUB reader, 2 Mb
Overview: Acclaimed financial journalist Eric J. Weiner reveals how foreign countries and private investors are increasingly controlling the global economy and secretly wresting power from the United States in ways that our government cannot reverse and about which the average American knows nothing.
The most potent force in global commerce today is not the Federal Reserve, not the international banks, not the governments of the G7 countries, and certainly not the European Union. Rather, it is the multi-trillion-dollar network of super-rich, secretive, and largely unregulated investment vehicles—foreign sovereign wealth funds, government-run corporations, private equity funds, and hedge funds—that are quietly buying up the world, piece by valuable piece.
As Weiner’s groundbreaking account shows, the shadow market doesn’t have a physical headquarters such as Wall Street. It doesn’t have a formal leadership or an index to track or a single zone of exchange. Rather, it comprises an invisible and ever-shifting global nexus where money mixes with geopolitical power, often with great speed and secrecy.
Genre: Non-Fiction > General
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