- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Did Trump just announce a USA ETF?
Posted on 2/3/25 at 12:34 pm
Posted on 2/3/25 at 12:34 pm
How would this even work?
5
Posted on 2/3/25 at 12:52 pm to 50_Tiger
Sounds like SPY 
Posted on 2/3/25 at 12:54 pm to 50_Tiger
I don’t know. Did he?
Posted on 2/3/25 at 1:25 pm to CecilShortsHisPants
U give him money
but don't get bad sneakers this time
Latest grift
but don't get bad sneakers this time
Latest grift
Posted on 2/3/25 at 1:56 pm to CecilShortsHisPants
quote:
President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve as an economic development tool and perhaps be used to buy TikTok.
Among the aims for the fund would be developing infrastructure such as airports and highways, and it could help the U.S. extend its influence in areas such as Panama and Greenland.
“We’re going to stand this thing up within the next 12 months. We’re going to monetize the asset side of the U.S. balance sheet for the American people,” U.S. Treasury Secretary Scott Bessent said during a media parley. “There’ll be a combination of liquid assets, assets that we have in this country as we work to bring them out for the American people.”
There were no other details for a fund Trump said during his campaign could back “great national endeavors.” He has said tariffs could help provide funding. Other nations use taxes on natural resources, financial transactions carbon use as funding mechanisms.
A discussed deal in which the U.S. would become a partner in social media platform TikTok would be one potential use, Trump said. The app was taken offline briefly amid security concerns, but Trump signed an order allowing it back for a 75-day period during which it likely will have to divest itself of Chinese interests.
Though the idea of such a U.S. fund has been brought up before, the vehicles are generally used by smaller nations with vast natural resources as well as fiscal surpluses to deploy — unlike the U.S., which has been running massive budget deficits.
Nations with the funds include China, Norway and Singapore. A U.S. fund could help it compete with those countries and might make the government less dependent on issuing Treasury debt to raise money.
These funds are involved in global financial markets through investments in stocks, bonds and real estate, along with stakes in infrastructure and private equity. Critics say a lack of transparency can lead to conflicts and corruption if there are not strict governance rules.
From CNBC
This post was edited on 2/3/25 at 1:57 pm
Posted on 2/3/25 at 2:35 pm to bigjoe1
I think this is a good idea if run correctly.
We all know it won’t be, but it’s a good thought.
Maybe it will keep SSI from getting pilfered constantly.
We all know it won’t be, but it’s a good thought.
Maybe it will keep SSI from getting pilfered constantly.
Posted on 2/3/25 at 2:37 pm to Tmcgin
Havent you embarrassed yourself enough when it comes to Trump bad?
Weirdo
Weirdo
Posted on 2/3/25 at 3:04 pm to 50_Tiger
I hope not, I can only get so hard.
Posted on 2/3/25 at 3:29 pm to 50_Tiger
Sovereign wealth gund doesn't equal ETF.
I want to like this but feels like opening a Robinhood account to take moon shots while you're drowning in credit card debt. Maybe if we stop spending on frivolous shizz we can afford to invest.
I want to like this but feels like opening a Robinhood account to take moon shots while you're drowning in credit card debt. Maybe if we stop spending on frivolous shizz we can afford to invest.
Posted on 2/3/25 at 3:55 pm to 50_Tiger
US Gov owns stock now. Certainly did after the mortgage meltdown. Interesting to see who supported it back then and who doesn’t support it now.
It was mostly preferred shares after the mortgage meltdown.IIRC.
I think they also still hold an equity stake in Fannie and Freddie.
Only reason I post this is I’m entertained by the flip flopping that is gong to occur on here, because several were in favor of taking equity then, and don’t seem to be excited about it now.
But it’s different this time. Sure it is.
It was mostly preferred shares after the mortgage meltdown.IIRC.
I think they also still hold an equity stake in Fannie and Freddie.
Only reason I post this is I’m entertained by the flip flopping that is gong to occur on here, because several were in favor of taking equity then, and don’t seem to be excited about it now.
But it’s different this time. Sure it is.
Posted on 2/3/25 at 5:37 pm to Hateradedrink
quote:
I think this is a good idea if run correctly.
This is where I am. I can be persuaded. It would be a perfect place to put the proceeds from the sale of oil and gas leases.
Posted on 2/3/25 at 10:35 pm to bigjoe1
Posted on 2/4/25 at 7:31 am to Kjnstkmn
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News