Black People : Why America is getting owned by Foreigners

Discussion in 'Black People Open Forum' started by Amnat77, May 18, 2011.

  1. Amnat77

    Amnat77 Well-Known Member MEMBER

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    A new World Bank report projects that by 2025, foreigners' net ownership of US assets will represent 69 percent of the US GDP.

    The foreign owners in question are led by China, other Asia-Pacific countries, and Middle Eastern nations.

    The World Bank's numerical projections shouldn't be taken too seriously, but the point it's trying to make - that America is getting owned (literally) by foreigners - should be.

    America gets owned by spending money it doesn't have - that is, America has run a persistent trade deficit with the world since 1971.

    Some of this deficit spending manifests as foreign ownership of American debt, which puts the U.S. in a vulnerable position at the mercy of its foreign creditors.

    Some of it shows up in the form of foreign ownership of American companies.

    US-founded companies now wholly owned by foreigners include Firestone, T-Mobile, Holiday Inn, Trader Joe's, CITGO, Anheuser-Busch, and Am
    oco.

    Read more: http://www.ibtimes.com/articles/147...getting-owned-by-foreigners.htm#ixzz1MkdnGnNl
     
  2. MsInterpret

    MsInterpret Well-Known Member MEMBER

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    Because America owes everyone....It's like the bank foreclosing your house.

    And America is "special"
     
  3. Ankhur

    Ankhur Well-Known Member MEMBER

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    The United States of America is actualy legaly a corporate entity chartered in Geat Britain

    It has always been owed by England and controled by England and royal Blood Lines

    and the Federal Reserve, that holds power over who gets hired or fired in this nation as wells the interest rates and printing and flow of currency

    has its major stock holders in an area of London
    called

    "the City"

    They were influencial in convincing China to join and support the Trilateral Commision
     
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