The United States of America has declared it's intention to buy, own, and develop Gaza into the "Riviera of the Middle East.” Since the United Nations Resolution 1514 instructs all nations to decolonize, and the ICC declares colonialism a “crime against humanity,” their best and final offer will have to come in the form of neocolonialism: the use of economic, political, cultural, or other pressures to control or influence other countries.

Sovereign wealth funds (SWF) are state-owned investment funds set up to manage a country’s surpluses. Some, as in the case of Norway and Saudi Arabia, are funded by revenues from state-owned natural resources. Others are financed by government budget surpluses, excess foreign currency reserves or one-off injections from privatization.

However, the US government does not own all of the nation's natural resources, nor does their government have a big budget surplus. The US deficit stands at close to 7 percent of GDP, while debt stands at almost 100 percent of total output. President Donald Trump it seems wants all the perks of a SWF without having any of the means with which to establish one.

An executive order called a “Plan For A United States Sovereign Wealth Fund” claims the “US government directly holds $5.7 trillion in assets” that could be invested. The federal government owns and manages approximately 650 million acres of land in the United States—about 30% of the nation's total surface area.

So could Trump’s tariff revenues fund a new SWF? Last year, US Customs and Border Protection collected $77 billion in tariffs—1.57 percent of total government income. However, a SWF is built from trade surpluses and the US runs a trade deficit. They import far more than they export. Last year, the US imported $1.2 trillion more than they exported.

Globally, SWFs hold around $13 trillion in assets. Norway’s SWF is the largest at $1.8 trillion thanks to their state-owned oil and gas revenue. It’s worth four times the country’s GDP—comparable to the entire economy of Australia. The economic prosperity of Norway’s SWF works hand in hand with their welfare state.

Saudi Arabia’s SWF comes in at #2 with $925 billion, here again generated from state-owned oil and gas revenues. “The Saudi fund is on the large side, but eventually we’ll catch it,” says Trump, overlooking that Saudi Arabia is an Absolute Monarchy.

Trump 2.0 hasn’t provided specifics on the fund’s risk profile, asset allocation, governance structure, transparency, or reporting requirements—all key factors that define a SWF. But there’s skepticism among financial institutions, some of whom view a SWF as a way to allocate part of the Treasury’s general budget to a discretionary fund controlled by a select group of insiders. Oligarchy is a form of government in which power rests with a small number of people.

While the US Congress is cautious about privatization, only they can approve the creation of a SWF. Concurrently, the US government is contracting: 12,000 federal employees will be cut this week; 77,000 federal employees have already accepted a “deferred resignation” package; and the Office of Personal Management has instructed that all 200,000+ employees on ‘probationary status’ be terminated. Cut to Elon Musk running ramp-shot through IRS taxpayer data and you’ve got a veritable kill bill for the independent agencies, too. Benjamin Franklin warned the American enterprise: “The Executive will always be increasing here, as elsewhere, till it ends in a Monarchy.”

Establishing an SWF will position the US as a major player in the international sovereign wealth community, a confounding shift at a time when the ‘America First’ agenda has withdrawn from so many global organizations.

On 4 February, Trump 2.0 ordered a sweeping 180-day review of all international organizations to which the US belongs and supports, as well as “all conventions and treaties to which the United States is a party.” The directive aligns with the goals of Project 2025, which dismisses the IMF and World Bank as “expensive middlemen” that “intercept” US funding before they reach projects abroad. If Trump follows this playbook, a US exit will be imminent. Abandoning the World Bank and IMF, the US would lose a key source of global influence and economic leverage. In effect, the US would forfeit vital tools for supporting its partners and withholding financing from its foes.

Can Jared Kushner's investment firm connect Gulf money to Trump's Gaza plan? Trump's call for rich Arab states to fund an American takeover of Gaza seems tailor-made by Kushner's Affinity Partners, a private equity firm fueled by investments from Saudi Arabia, Qatar and the United Arab Emirates. Affinity Partners’ recent windfall of $1.5 billion from the Qatar Investment Authority and Abu Dhabi investor Lunate means Trump’s son-in-law and former White House Middle East advisor Jarad Kushner could be a linchpin between Arab investment capital and US policy. Kushner observes shortly after the October 7 Hamas-led attack on Israel:

Gaza’s waterfront property, it could be very valuable. It’s a little bit of an unfortunate situation there, but I think from Israel's perspective, I would do my best to move the people out and then clean it up.

Behind the scenes, Kushner remains a pivotal figure in the Trump White House. A silent partner in Trump's Middle Eastern strategy, Kushner is in regular contact with White House Chief of Staff Susie Wiles; works directly with Attorney General Pam Bondi; and even prepped Steve Witkoff to negotiate for and in behalf of the United States with Russia.

Kushner is a brainchild behind sidestepping the regulatory controls of the IMF and World Bank; among the masterminds behind the importance of establishing an American Sovereign Wealth Fund; and the very broker behind what he’s called, “The Deal of the Century.” Then came into Egypt a Pharaoh who did not know.

The Book of Exodus stories a new Pharaoh coming to power in ignorance. Jospeh, a Hebrew, had effectively saved the Egyptians from famine, but as Arab leaders gathered on Friday in Riyadh to discuss countering Trump’s seizure of the Gaza Strip they must reconcile Israel’s case. As Crown Prince Mohammed bin Salman summons Egypt, Jordan, and the Persian Gulf’s leadership to Saudi Arabia, the Gaza Summit, considered the most consequential in decades, marks the beginning of Israeli-Palestinian reconstruction.

Trump may’ve triggered global outrage with his proposal of ethnic cleansing on the Gaza Strip, forcibly relocating 2.4 million innocent people to neighboring Egypt and Jordan. Still, the king feigning he didn’t know Joesph maybe been a ploy. Secretary of State Marco Rubio confirmed that Trump’s Gaza proposal was in part “aimed at pressuring Arab states to create their own postwar plan in cooperation with Israel.”

The United Nations estimates that rebuilding Gaza will cost more than $53 billion, somewhere north of Affinity Partners’ pay grade, and a diplomacy mission misaligned with a SWF and larger message of “delivering God's people from oppression.” Crown Prince Mohammed bin Salman says, “We intend to launch a political track to implement the two-state solution,” seemingly savvy to Ezekiel’s “false prophets and jackals in Jerusalem,” and the scavengers who profit from the people's awful condition.