Posted on 02/13/2013 11:36:41 PM PST by Vinylly
We have a Chinese side to our family and have a brother- in-law and his wife who just came over from Peking for the Chinese New Year to visit relatives here, and also for business purposes. Seems his business in Peking is a venture capitalist. Apparently there are lots of wealthy business people in China that are buying up U.S. real estate. He is here representing a group of them and his job is to locate depressed real estate that he thinks has the best potential to take the most advantage of a new real estate boom if and when it does occure. Right now he and many other chinese are looking at Nevada. In fact they are buying up Nevada as fast as they can. So, I'm highly suspicious that if there is real estate improvement in Nevada, as well as other depressed states, it's not because our ecomomy is improving but because of foreign investers, including China, who are buying it up. This means that not only will China's wealthy citizens own a lot of our real estate but it's government is buying up Comrade o'Bummer's dept, will also own our country. A little scary, come to think of it, which means we could no longer own our own country, we will be owned by a communist country, lock stock and barrel. Since they own our government and country, seem they could make demands on how our government rules it's people, like do it our way or else we'll call in out dept, if not worse, like we could force you to do it our way. Since Comrade o'Bummer wants to weaken our military while China strengthens theirs, military force could happen. (Just my casual thoughts)
Maybe they'll arrive with an alternate agenda. Make them friends, make them family.
Within a generation we'll have top notch Americans just like the ones who already live here and prove the point daily.
Give me a hard working prosperous immigrant any day over someone who enrolls for government subsidies the moment their foot hits American soil.
A far as buying up real estate? At least someone wants it...lol!
China won’t even be able to afford anything in China in 20 years time.
At least they’re good at border security.
This is what we were worried about with the Japanese in the 1980’s. Watch Back to the Future II. It’s why Marty’s boss in the year 2015 was Japanese. And that was unheard of in the 1980’s.
2% of what you worry about happening actually happens. You are usually broadsided by something you never saw coming.
We should actually be encouraging foreign investment right now. The trade deficit gives count of our dollars going overseas each year. It is to our benefit to see those dollars re-invested in this country. We should immediately cut capital gains and corporate taxes. And even more importantly, we should allow companies who earned dollars overseas to move those dollars into the US tax free.
The Japanese got shafted on most of the deals.
Tell that to Tibet
or Korea for many centuries, or Japan after 2 unsuccessful attempts to invade one of which generated the term kamikaze, and wasn’t there a little border tiff with India within the past 50 years and with the USSR also....yeah ‘historically’ they haven’t invaded others... ok sure
They will also be paying property taxes funding schools, fire, EMS, libraries, hospitals. Without being able to vote.
I’d rather someone own the properties rather than the property sitting vacant.
Money never sleeps.
In the 1950’s we were told we needed to learn Russian and in the 1970’s the Japanese were going to own us.
So far not great advice.
Yes, but the Japanese were buying at the top of the market. The Chinese are buying at the bottom. We shall see!
Bingo! It is the same thing the oil sheiks were doing in the 1990's and that worked out about the same too.
If they can't put it in the trunk of their car and drive it home, don't worry about it.
I’ve read—and I don’t really remember where, it just sticks in my mind—that the Chinese own about 99% of Australia now.
So they’ll more than likely welcome them once they invade them (because their employers tell them too since they’re owned by them) and it should be pretty easy...now that they’re disarmed and ObaMao will endorse it.
Now they take em there in buses. kind of annoying.
Just my humble opinion, and I in no way am implying that the DNC is fit to run anything, however my gut tells me that most of the Chinese economy is smoke and mirrors and they are not nearly as well run as they try to portray. It's anyone's guess whether our house of cards or theirs collapses first. I guess the big question is do both of the economies have to go down together?
Sweet!!!!
When you go, be sure to bring your dogs. They Luuuuuuuuuv dogs.
After dinner, ask for the chef, Ken. Just the nicest guy and he is gracious about compliments.
Have the Creme Brulee for desert.
Enjoy sharing conversation with others in the restaurant. Been going there every since I can remember and the atmosphere somehow compelled everyone to smile at each other, trade comments about their day and sometimes share just the best conversations.
Was going to Half Moon Bay but, I think I’d like some grilled artichokes.
If you are ever on Northern California ping me. I’d be happy to have lunch or dinner and it will be on me. Even better!
Can’t believe how hungry I am.
Which brings to mind the question: At what point will that be, and will they simply demand everything WEST of the Mississippi river as payment in full?
Inquiring minds .......
2% of what you worry about happening actually happens. You are usually broadsided by something you never saw coming.
A variant of one of my favorite sayings:
Everyone prepares for the wrong disaster.
I remember the Japanese selling lots they paid $150K for $50K. They really took a bath.
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