Communism is bad.
Discussion
Developed nations like Norway or Singapore also have a national wealth fund
If I understand those correctly, they only invest in foreign companies/investments. That is much different from what Lutnick said in that video above.
“Norges Bank Investment Management, which operates the fund, invests some 70% of assets in global stocks, about 25% in bonds and the rest in real estate and renewable energy plants, with most of its portfolio tracking international market indexes.”
