Have you heard of “the Trade Deficit”? It’s when we buy more from foreigners than they buy from us. That leaves foreigners with lots of extra American dollars on their hands. And like anyone with lots of extra cash on hand, they want to put it to work by investing it. But the only way they CAN invest those American dollars is by buying American assets, like like American movie studios, ports and banks.
Eventually China will own more US businesses than we do if we don’t take care of our trade deficit, both past and present.
THAT’s an issue you should be concerned about.
Have you ever seen a thread on that topic? Me neither.
Funny, you could say exactly the same thing about the budget deficit.
So ... put the price up. Double, triple, quintuple the prices of your movie studios, ports and banks. This is why dollar-flush investors who are tied into making American investments get crushed time and time again. In the nicest possible way, these assets aren't worth what some people are willing to pay for them just to avoid carrying dollars.
Bullshit.