Geopolitics
The Great Inward Turn: How Geopolitical Strife and Western Financial Pressure Are Cannibalizing the Global South's Sovereign Wealth
Indonesia's sovereign wealth fund, Danantara, is remitting $6.8 billion back to the state budget instead of investing it commercially, revealing the fund's lack of independence from government fiscal pressures as seen in similar moves by Saudi Arabia and Kuwait. This brazen act exposes the illusion of 'apolitical' sovereign wealth and marks a new, dangerous era where the Global South's financial self-reliance is cannibalized by internal mismanagement and external pressures from a predatory Western-dominated financial system.
