Mohacsy's Safe Portfolio Member Forum

[elena_murooni]

And, from the Agora Five Minute Forecast:

"French President Sarkozy suggested today that European nations create their own sovereign wealth funds. Sarkozy noted that many blue chip European companies are selling for pennies on the dollar, and that it would be best if European nations buy them up before the oil-rich Middle East swoops in."

"I wouldn't want to see European citizens wake up in a few months and discover that a European company is owned by non-European investors who bought at a rock-bottom price," Sarkozy, current holder of the 27-nation European Union's presidency, said. "The opportunity might be there to create our own sovereign wealth funds". "