Campbell notes that sovereign wealth funds typically exist in countries with trade surpluses or natural resource windfalls (like Norway with oil/gas), not in the US which has neither, making a US sovereign wealth fund a strange proposition at first blush.
factualpending
Speaker
Joseph WangEvidence Quote
“Usually, countries that have sovereign wealth funds uh have tremendous trade surpluses or some kind of windfall from their natural resources, like Norway, for example. Uh they have all sorts of oil and gas. They earn a lot of hard currency that they deploy for the benefit of their citizens.”
Source
The Secret To Maintaining Dollar Dominance | Joseph Wang & Austin Campbell LIVE @ DAS— Forward GuidanceCreated: 8/11/2026, 8:05:39 AM
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