Posted on 02/21/2016 11:20:05 AM PST by SeekAndFind
Those are purchases that strategically help China to grab and hold us by our short hairies.
A primary distributor of electronic components? Yikes!
Major source of seeds? Double yikes!
Thank you for that. I guess most here don’t remember the Japan buying freak out.
Only thing I would add is the strong dollar helps the Americans who are getting a paid now.Good time to sell.
The business tide goes in and out during every30-35 years;America will be back up on top in a few years.
And using our money (our debt to China) to do it. Basically they’re collecting on that debt.
Yes: Bernie, because he will drive most viable U.S. companies overseas, and render those that remain too unprofitable to interest foreign buyers.
If relations deteriorate with China past a certain point the Chinese will have to have a fire sale on their US assets. Americans in general will not buy from a company owned by people who are killing Americans.
Transactions for trade goods has limited impact if it’s balanced trade where you don’t run a huge trade deficit. Presumably export jobs created offset the loss of jobs to imports.
But that’s not what we do. What we do is buy goods for China and then sell them debt or worse equities to pay for it. That shifts the means of production overseas which causes unemployment which has a huge impact on national debt. It raises the safety net payments at the same time it reduces government revenues. And that causes the government to run red ink which they pay for buy borrowing.
I’m not opposed to preventing sales of businesses to China. We have Congressional committee that reviews sensitive sales, but our Congressmen have so much Chinese stock that they have a bigger financial incentive to do a good job for China than for America.
Transactions for trade goods has limited impact if it’s balanced trade where you don’t run a huge trade deficit. Presumably export jobs created offset the loss of jobs to imports.
But that’s not what we do. What we do is buy goods for China and then sell them debt or worse equities to pay for it. That shifts the means of production overseas which causes unemployment which has a huge impact on national debt. It raises the safety net payments at the same time it reduces government revenues. And that causes the government to run red ink which they pay for buy borrowing.
I’m not opposed to preventing sales of businesses to China. We have Congressional committee that reviews sensitive sales, but our Congressmen have so much Chinese stock that they have a bigger financial incentive to do a good job for China than for America.
Except they’re not buying “goods”, they’re buying assets.
True, and what percentage of students at our best science and tech universities are from China? A lot.
What are the refrigerators stoves carpets drywall tiles faucets furniture, etc. Inside houses?
And let’s say they buy a factory, what about all the equipment it needs.
And what’s the difference between a good and an asset? To someone a drill may be a good to a carpenter it’s an asset.
Oh, and believe me there are hundreds of American companies that own assets in China.
And I have some wonderful news for you - even you can own Chinese assets - buy Chinese stocks!
My husband’s company is one of the ones mentioned in the article, and since the announcement, I’m waiting for the other shoe to drop. Getting prepared for so many possibilities, few of which are positive. I figure on 4-6 months employment, then all hell breaks loose.
Urgent call to Trump ....
It is call FOREIGN TRADE DEFICITS every year.
Urgent call to Donald Trump...save America before it is too late!
Go out and vote for Trump! Only hope America has left.
I want to inform you that you don’t make any sense!
I’m sorry to have to give you bad news, but the pink caps and bad grammar did not make your argument more convincing, as I’m sure you were counting on.
You are crazy. Go away.
Did you run out of pink ink?
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