Foreign investment is a GOOD THING.
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And do you consider the ownership of America’s debt by “foreign investment” a good thing? Who really owns America? And now we want to sell MORE of it to “foreign investment”. And what makes buying America such a great deal? Ah, yes, the value of our currency. And who manages that in reality?
“Ownership of America” ?
No, its ownership of properties in America. America has huge amounts of property, the gross value of everything potentially for sale in the US is incredible, 50X or better total global GDP. Foreign investment at any scale is a teeny slice of the net worth of “America”.
This is not some banana republic where the sole significant industry can be purchased by a single foreign owner.
What makes America such a good deal ? Do you have to ask ? This is the worlds most dynamic economy AND the ultimate destination of “capital flight” - where you want to hide your wealth ultimately, because if the US goes down, the state of everywhere else would certainly be worse. America is the backstop investment.
Yes, definitely! Debt is not Equity...no ownership by debt-holders. And on sovereign funds buying up America's assets, it's inevitable. Paraphrasing Jeremy Siegel in "the Future for Investors" (p.203-221) 'the young in [USA and] emerging countries will buy the assets of the elderly in developing countries.' (a solution to the 'aging wave') In ppg. 218-221 he eloquently elaborates on why such 'transfer of wealth' is good...an 'opportunity not a threat'. Pick up a copy at your library...oh he published that book in 2005...and is still 'timeless' advice, he's an excellent writer!