[neutrino]

The transcript is fairly long - I extracted the part of interest.

Notice that China has now edged out the U.S. in foreign investment.

[neutrino]

China is now ahead of the U.S. in foreign investment. Their already strong economy will get stronger; ours will get weaker.

Can we support our global commitments in such an environment?

Consequences, my FRiends. I fear we face quite a banquet of them.

If you want on or off my offshoring ping list, please FReepmail me!

[Leo Carpathian]

Didn't we see the similar situation with Lenin sucking westerners to lift the Soviet Union from the mud and then "nationalize" factories and go on with march towards "better tomorrow" (enslaving nations)?

It is dangerous to farm out important manufacturing into (un)friendly camp. My dog learns faster.

[BJungNan]

China, The World's Factory.

[maui_hawaii]

If America invests in America its not counted as foreign investment. If America invests in China it is foreign investment. You can do the math from there.

[tm22721]

We will soon reap the downside of the trade/fiscal/investment imbalances, the mountains of debt and paper generated by derivatives and Fed printing press since 95.

Watch the dollar.

BUMP

[1rudeboy]

The Financial Times reported yesterday (June 29th, page 9) that France enjoyed greater FDI than the US during the last year ($47B versus $40B). Whatever's going on, it ain't because of free trade, no matter how desperately you wish it to be true.