It’s a great time to buy a house in Detroit - cheap!
Some are predicting the stock market to double from here, even though it is overpriced now. There is a lot of money overseas with no better place to go, and here looks like a good investment for now.
Japan did the same thing once didn’t work out to well.
Once the fed stops propping up the stock market it will tank.
We are trillions in debt and all our manufacturing jobs have been exported.
Translation:
All four wagon axles are broken and the horse won’t last long with politicians whipping the horse to make it go.
Don’t buy the wagon and horse until it is fixed!
There is a long history of foreign investment in the US, as well as a long history of Americans ripping off foreign investors in the US.
My favorite was how the Scots thought they could make great profits from the cattle drives from Texas to Kansas City. They even sent accountants to ride with the cowboys en route.
Great herds of cattle gradually lost so many cows that by the time they arrived in KC, not a single one was left, unless it was diseased or otherwise worthless. The cowboys just shrugged and said “bad luck” to their escort.