Eventually the US trade deficit will go into hyper-space! But what then?
The current talk is all about "foreigners financing the deficits." Will they "quit sending us their money?" And when will all this happen?
But there is another, EVEN MORE OMINOUS, scenario!
FOREIGNERS BUY UP AMERICA!
IN SHORT, FOREIGNERS TURN THE US INTO THEIR PRIVATE PIGGY BANK. THEY EVENTUALLY BUY EVERYTHING WORTH OWNING! INDEED OUR US "TROPHY PROPERTIES" HAVE BEEN "SUCKER BAIT" FOR RICH FOREIGNERS FOR DECADES. ONLY NOW THERE COULD BE LESS DESIREABLE CONSQUENCES.
Americans will then become "Economic Slaves" to their foreign masters.
China is already "buying up" American Brands like IBM....and there's plenty more money where that come from!!
Sixty Billions more---THIS MONTH ALONE!
SO, MAYBE THE DOLLAR WON'T COLLAPSE?
MAYBE AMERICA WILL BECOME AN "ECONOMIC COLONY" OF FOREIGNERS AGAIN!
As we once were.......remember?
But, will China be our new "Mother Country?"
It's very possible....because it's actually happening right now! Every day.
http://biz.yahoo.com/ap/050112/economy_4.html
