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To: John Filson
The equity on Wall Street is already more than 50% owned by foreigners and foreign interests.

Because of my previous experiences with protectionists and their very weak math skills, I'll have to ask you what you think US equities are currently worth and where you got the absurd idea that foreigners own more than 50%? Link maybe?

109 posted on 07/04/2005 10:26:21 AM PDT by Toddsterpatriot (If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
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To: Toddsterpatriot
Because of my previous experiences with protectionists "free traders" and their very weak math citizenship skills, I'll have to ask you where you got the absurd idea that "free trade" is good for anybody but those who want the global socialist WTO to manage the trade of our sovereign nation?
111 posted on 07/04/2005 10:57:25 AM PDT by hedgetrimmer
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To: Toddsterpatriot
I'll have to ask you what you think US equities are currently worth and where you got the absurd idea that foreigners own more than 50%?

I briefly looked around and didn't find anything difinitive to support my assertion, so I may be wrong about that, yes.

Do you have any numbers to show otherwise? It's an interesting statistic.

One issue is bond ownership, and I did find this discussion at a WSJ blog that assumes that 53% of U.S. Treasurys are held by non-residents, with 29% of them officially held by foreign central banks (unofficially, a much larger fraction) (Nouriel Roubini).

There's no denying that Asian, European, and Arab investors own equity on Wall Street. How much do they own? What is the impact?

133 posted on 07/04/2005 6:01:48 PM PDT by John Filson
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