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To: Willie Green; Wolfie; ex-snook; Jhoffa_; FITZ; arete; FreedomPoster; Red Jones; Pyro7480; ...
Trade concessions became a favored foreign policy tool.

The path of least resistance.

8 posted on 03/19/2006 8:48:23 PM PST by A. Pole (Carly Fiorina: "Technology will 'disappear' in 25 years")
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To: A. Pole; B4Ranch

a few interesting statistics:

The U.S. borrows more than $2 billion per day from foreigners to finance its huge trade deficits.

Foreigners already own half of the U.S. government's publicly traded debt. Currently $2.19 trillion in Treasury securities were in the hands of central banks, including China and Japan, and private investors abroad.

Total foreign direct investment in this country actual factories, office buildings and other tangible assets as opposed to stocks and bonds came to $1.53 trillion, 8.2 percent more than in 2003.

European nations accounted for $977 billion, or two-thirds, of the $1.53 trillion of foreign direct investment

Arab countries in the Middle East accounted for $9.3 billion, led by $4.7 billion in investment from Saudi Arabia. The United Arab Emirates was second among Middle East Arab countries with $1.8 billion in investments, according to the data.

Nearly one in five U.S. oil refineries is owned by foreign companies. Foreign companies also have a sizable presence in running power plants, chemical factories and water treatment facilities in the United States.


12 posted on 03/19/2006 10:41:09 PM PST by hedgetrimmer ("I'm a millionaire thanks to the WTO and "free trade" system--Hu Jintao top 10 worst dictators)
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