“There was a similar panic about Japan buying up all of New York a few decades back. It didn’t pan out. It’s still there.
Some Japanese did buy The Pebble Beach Golf Club back then, causing panic in some circles. They paid $8 billion, sold it for $4 billion a few years later.
Yup. I think they lost their socks on most everything they bought.
That was the time it was claimed that the property of the imperial palace was worth more than the entire state of California. Crazy times...we may be headed there again.