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originally posted by: blackadder01
Another posted here on ATS made me realize we're being bought out by Foreign Investors even more than we want to believe it. This sort of goes with my previous post, and not just China, but Saudi Arabia. Why in tarnation is this being allowed to take place? It's way past the Oil issue now, and far into the control of our daily lives through the Media like FOX News Part owned by Saudi Investors.
How far is America going to allow this to go for greedy people with more power than I could ever imagine?
coolinterestingstuff.com...
China is run alot like North Korea in so many ways. Don't forget that.
How much of the USA does China own ? how much money does the USA owe China? How many American States would China take ownership over to cancel the debt?
According to a Forbes report China is one of the few countries that still views the USA as a stable and desired place to invest money. Not only are Chinese investors and the Chinese state buying up luxury homes and apartments across all major US cities, they are also buying up US treasury bonds at an alarming rate. China has also been buying up Texas oil fields, major Chinese company Chesapeake Energy, holds 600,000 acres of South Texas oil and gas fields. China and Japan combined now own 2300 billion dollars of treasury securities The U.S. debt was more than $14.3 trillion during the so-called debt crisis of 2011, when the level of borrowing reached its statutory limit and the president warned of a potential default if the cap wasn’t raised. To put China’s ownership of U.S. debt in perspective, its holding of $1.2 trillion is even larger than the amount owned by American households. U.S. citizens hold only about $959 billion in U.S. debt, according to the Federal Reserve. Some Republicans have expressed concern over the amount of U.S. debt owned by China. Republican U.S. Rep. Michele Bachmann, a 2012 presidential hopeful, joked that when it came to the debt “Hu’s your daddy,” a reference to Chinese President Hu Jintao.
originally posted by: muzzleflash
a reply to: blackadder01
There's nothing technically wrong with investors around the world buying American properties or securities.
This is actually a positive thing, it's fueling our economic boom and improving the lives of everyone overall.
This is what happens when Capitalism triumphs over Communism. We brought the Chinese into the world market in a big way.
I welcome their money and appreciate doing business with everyone of all walks of life.
They are recognizing how great America can be, so shouldn't you too? We are bringing people together and improving the living standards in a very legitimate peaceful way.
I realize we stil have tons of problems but making friends and doing fair business is something we are actually doing halfway right for once.
The Chinese and Japanese are adopting our ways far more than we adopt theirs. You can't have your cake and eat it too.
There is no reason to be afraid of this. We just averted global economic collapse, mass famine and war because we made friends with China. Let's play nice and show them we are worth being friends with OK?
originally posted by: muzzleflash
a reply to: blackadder01
There's nothing technically wrong with investors around the world buying American properties or securities.
How far is America going to allow this to go for greedy people with more power than I could ever imagine?
originally posted by: muzzleflash
a reply to: blackadder01
Wait so it's OK and cool to invest in, build our factories and pollute China - but how dare they buy US real estate or bonds?
Think about this.