Really? Does it do that, or does it just result in a stock bubble? It seems to me to be the latter, because I sure don't see the jobs.
The real estate they invest in never leaves the country, profits the American who sold it, and helps support the real estate market.
Another asset bubble, just like the Japanese big commercial real-estate 'investments' in the late 80's.
Buying our T-Bills keeps interest rates down and benefits every US taxpayer.
You mean benefiting every special interest: to me, this is a forced loan in my name used to benefit the banks and public employees. If government spending is out of control, interest rates should rise on T-Bills to reflect the glut of debt and heightened risk. If they don't rise, the market is being manipulated.
Slow as job growth may be it would be a lot slower if our companies didn't have access to capital.
Another asset bubble, just like the Japanese big commercial real-estate 'investments' in the late 80's.
Which ended up only hurting them when the Japan bubble burst.
The real estate they had bought stayed right here and Americans were able to buy it back at fire sale prices.