[snowsislander]

This year's International Investment Position (IIP) report should be interesting. I imagine it will come out this week, probably on this web page.

To quote from the June 30th, 2004 release: "The U.S. net international investment position at yearend 2003 was a negative $2,430.7 billion (preliminary) with direct investment valued at current cost, as the value of foreign investments in the United States exceeded the value of U.S. investments abroad." My own guess is that we will be south of there, hopefully not by too much.

[durasell]

Know what's more interesting? Despite huge cash reserves in dollars, the Chinese haven't bought much (if any) real estate...