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So he says foreigners buy US assets for the dollars US pays them for their goods, and that's the problem - the US being sold out. My question: don"t these fore
by avodonosov 2y ago
So he says foreigners buy US assets for the dollars US pays them for their goods, and that's the problem - the US being sold out.
My question: don"t these foreigners become Americans in a sense? E.g. by holding shares of US companies they have common interests with other shareholders.
Upd: I mean, if considering nation as a partnership, those new asset co-owners are new parnters. Does it imply old co-owners are deluted? Only if the total value of assets is not growing proportianally to the new shares.
- rib3ye 2y agoUntil they become majority shareholders or outright owners. In the short-term it may turn out to be fine, but over the long run, you have to pray the foreign owners' values are aligned with American success (keeping Americans employed, building value and not asset stripping the company). Though I will admit recently I don't even feel like even American owners' values are aligned with American success.