Bring back Mercantilism!
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You mean Socialism. Sovereign Wealth Funds work well in China and other socialist countries where the government has a controlling interest in capitalism.
Trump should back off this idea. Biden tried a venture capital partnership with Ukraine. And we all know how that worked out.
Mercantilism predates Karl Marx by 350 years, and was based on bullionism - who owned the most gold. Now it can be about Bitcoin - or a return to the gold standard.