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To: expat_panama
"If Noah Smith and other economists worry about this debt, they should advocate reducing wayward government spending instead of restricting trade."

Amen!!!

I can remember a few decades back how angry some were that "The Japanese were buying up America. They even owned The Rockefeller Center!" Well, guess what. The Rockefeller Center is still here.

Then it was the South Koreans, the Indonesians, and now the Chinese. And yet,.....The Rockefeller Center is still here. No matter how high the tariffs Trump places on the Chinese, the buggy whip factories will still be closed.

10 posted on 03/23/2016 6:13:14 AM PDT by norwaypinesavage (The Stone Age did not end because we ran out of stones)
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To: norwaypinesavage

In real estate a good point to note is when the top of the market is reached is when the foreigners are buying.


14 posted on 03/23/2016 6:26:42 AM PDT by Mouton (The insurrection laws maintain the status quo now.)
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