Author: Vitalogy Friday, December 21, 2007 - 2:54 pm |
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http://www.msnbc.msn.com/id/22362982/ |
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Author: Vitalogy Monday, December 24, 2007 - 12:40 pm |
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Add Singapore to the list. |
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Author: Newflyer Tuesday, December 25, 2007 - 11:44 am |
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I think China already owns us. |
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Author: Alfredo_t Wednesday, December 26, 2007 - 10:02 am |
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This is disturbing on two levels: |
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Author: Vitalogy Wednesday, December 26, 2007 - 10:09 am |
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Yes. But, Americans believe that deficits don't matter. As you can see though deficits do matter and require bailouts with capital from foreign governments who are looking for more than just a good return. |
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Author: Nwokie Wednesday, December 26, 2007 - 1:17 pm |
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So other countries see investments here as good business. This should cause other countries, that have large investments to think twice before doing anything that will disrupt the US economy, but these investments are only a very small percentage of the US economy, and at any time the US could take them over. |
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Author: Alfredo_t Wednesday, December 26, 2007 - 1:33 pm |
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True, there is the flip side that these large investments help to promote peace and good relations. I honestly do not know how this will turn out; my questions are not rhetorical. Do the governments that invest in the U.S. care what happens 20 or 30 years in the future, or are their investment strategies and plans purely short-term? |
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Author: Vitalogy Wednesday, December 26, 2007 - 1:34 pm |
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What these large banks are doing is no different than me accepting $25K cash from an investor in exchange for a 5% ownership stake in my house. Problem is, I need that $25K to pay off credit card debt that was run up at bars and cash advances to play video poker. I've got nothing to show for it. And I had to give up a 5% stake in my house to pay off my junk debt. In otherwords, my stupid decisions resulted in me giving up some of my ownership of my asset to someone else. These banks are doing the same thing, but on a much larger scale. Our government does the same thing when it sells T-bills to cover the budget deficits. It's an unsustainable financial shell game. |
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Author: Vitalogy Wednesday, December 26, 2007 - 4:58 pm |
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Alfredo, there is no good relations in regards to investments like this. They are making a good return, something like 9%, plus get ownership in the company. As EPMD once rapped, it's strictly business. |
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