America is increasingly foreign owned - and why not
Foreigners already own half of the US government's publicly traded debt. Nearly one in five US oil refineries is owned by foreign companies. The United States must borrow more than $2 billion per day from foreigners to finance its huge trade deficits. And the result: America increasingly is foreign owned. Note EU-Digest: The question is why not? Since these foreign companies employ local citizens, produce new products, re-invest and stimulate the US economy, what can be so bad about that? It is a two way street, with both parties benefiting
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