Very recently a Texas legislator suggested that Texas retirement funds invest in Texas roads. That sound good but the head of the teacher retirement fund said that they can make more money investing in China roads.
The point being that capital investment money is flowing all all around the world and if you exclude foreign investors, domestic investors will be excluded elsewhere.
“if you exclude foreign investors, domestic investors will be excluded elsewhere”
Screw that *tit for tat* neoliberalism.
The toll roads around Austin were built with American money (least I believe so) and operated locally. If we have foreign operators they won’t be around when we have issues.