The Mideast Mirage: Mnuchin's Misguided Optimism Former US Treasury Secretary Steven Mnuchin's recent comments on Middle Eastern investment have been met with skepticism by industry insiders, who question his vision for the area's economic future.
While he touts the region's long term potential, Mnuchin's focus on short term gains and failure to acknowledge structural issues plaguing the region are significant concerns.
Mnuchin's enthusiasm for Middle Eastern investment appears driven as much by politics as economics.