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America, Get Ready to Become International

Given the plunging dollar, more and more Americans are finding themselves in a hitherto-unknown situation: They're starting to see foreign businesses come to their shores, to buy or overtake American companies.

This is very unusual for the US. Typically, it's America whose businesses penetrate the rest of the world; but now, the shoe is on the other foot, and America is about to become economically "invaded" by the rest of the world. How will she take it?

This is a very delicate subject for an insular country which, despite being multicultural, has never been international (these are two completely separate concepts). It may also prove to be a curiously humbling experience for a country accustomed to parading its special status on the world stage.

What will happen?

http://www.nytimes.com/2008/04/07/b.../07sale.html?hp

quote:

When Foreigners Buy Factories: 2 Towns, 2 Outcomes As foreign buyers descend upon the United States, capturing widening swaths of the industrial landscape and putting millions of Americans to work for new owners, these two cities offer sharply competing narratives for a nation still uneasy about being on the selling end of the global economy.

Re: America, Get Ready to Become International

quote:

Originally posted by HardTranceProd Given the plunging dollar, more and more Americans are finding themselves in a hitherto-unknown situation: They're starting to see foreign businesses come to their shores, to buy or overtake American companies. This is very unusual for the US. Typically, it's America whose businesses penetrate the rest of the world; but now, the shoe is on the other foot, and America is about to become economically "invaded" by the rest of the world. How will she take it? This is a very delicate subject for an insular country which, despite being multicultural, has never been international (these are two completely separate concepts). It may also prove to be a curiously humbling experience for a country accustomed to parading its special status on the world stage. What will happen? http://www.nytimes.com/2008/04/07/b.../07sale.html?hp

This is just a part of their plan, too. Soon we're going to see a lot of unemployment and civil unrest.

Perhaps that's one of the reasons why they're building more and more detention centers which have yet to see any occupants.

Re: Re: America, Get Ready to Become International

quote:

Originally posted by Trancer-X This is just a part of their plan, too. Soon we're going to see a lot of unemployment and civil unrest. Perhaps that's one of the reasons why they're building more and more detention centers which have yet to see any occupants.

10 characteristics of conspiracy theorists

10. It's always a conspiracy. And it is, isn't it? No sooner has the body been discovered, the bomb gone off, than the same people are producing the same old stuff, demanding that there are questions which need to be answered, at the same unbearable length. Because the most important thing about these people is that they are people entirely lacking in discrimination. They cannot tell a good theory from a bad one, they cannot tell good evidence from bad evidence and they cannot tell a good source from a bad one. And for that reason, they always come up with the same answer when they ask the same question.

Re: America, Get Ready to Become International

quote:

Originally posted by HardTranceProd Given the plunging dollar, more and more Americans are finding themselves in a hitherto-unknown situation: They're starting to see foreign businesses come to their shores, to buy or overtake American companies. This is very unusual for the US. Typically, it's America whose businesses penetrate the rest of the world; but now, the shoe is on the other foot, and America is about to become economically "invaded" by the rest of the world. How will she take it? This is a very delicate subject for an insular country which, despite being multicultural, has never been international (these are two completely separate concepts). It may also prove to be a curiously humbling experience for a country accustomed to parading its special status on the world stage. What will happen? http://www.nytimes.com/2008/04/07/b.../07sale.html?hp

direct foreign investment is almost never a bad thing. but i wouldn't say that Americans aren't used to it. the japanese were purchasing tons of American RE in the 80s.

i laughed at this

quote:

�That�s when I started to say, �Nafta and Cafta have given us the shafta,� � she added, using the acronyms for the North American and Central American free trade agreements.

but im not understanding the point of the article. surely foreign investment isn't unheard of in the US? and really, is the place of origin of *insert giant corporation here* really that relevant to everyday americans and their affairs? im sure as long as the paychecks keep coming in most wouldn't give a damn.

indeed, there's an argument that its good for america since so many of its own companies are now pulling out of the great nation in order to sodomise the third world.

http://www.state.gov/r/pa/prs/ps/2006/63041.htm


Office of the Spokesman
Washington, DC
March 13, 2006


How Foreign Direct Investment Benefits the United States

� Foreign Direct Investment (FDI) Creates New Jobs: U.S. affiliates of foreign companies (majority owned) employ 5.3 million U.S. workers, or 4.7% of private industry employment. (Source: Bureau of Economic Analysis (BEA), U.S. Department of Commerce)

� Foreign Investment Boosts Wages: U.S. affiliates of foreign companies tend to pay higher wages than U.S. companies. Foreign companies support an annual U.S. payroll of $318 billion, with average annual compensation per employee of over $60,000. Average compensation per employee within these companies has risen every year since 1992 (Source: BEA). Some studies have found that foreign companies have paid wages in the past that were as much as 15% higher on average than wages paid by U.S. companies. (Source: National Bureau of Economic Research � Robert Lipsey, Working Paper 9293)

� Foreign Investment Strengthens U.S. Manufacturing: 41 percent of the jobs related to U.S. affiliates of foreign companies are in the manufacturing sector. (Source: BEA)

� Foreign Investment Brings in New Research, Technology, and Skills: Affiliates of foreign companies spent $30 billion on research and development in 2003 and $109 billion on plants and equipment. (Source: BEA). These advances are often adopted by locally-owned companies.

� Foreign Investment Contributes to Rising U.S. Productivity: The increased investment and competition from FDI leads to higher productivity growth, a key ingredient that increases U.S. competitiveness abroad and raises living standards at home. (Source: Bureau of Economic and Business Affairs (EB), U.S. Department of State)

� Foreign Investment Contributes to U.S. Tax Revenues: In 2002, foreign affiliates paid $17.8 billion in taxes, which represented 12 percent of U.S. corporate tax revenues. (Source: Internal Revenue Service)

� Foreign Investment Can Help U.S. Companies Penetrate Foreign Markets, and Increase U.S. Exports: U.S. companies can use multinationals� distribution networks and knowledge about foreign tastes to export into new markets. Approximately 21 percent of all U.S. exports come from U.S. subsidiaries of foreign companies. (Source: BEA)

� Foreign Investment Helps Keep U.S. Interest Rates Low: The inflow of foreign capital also decreases the cost of borrowing money for domestic entrepreneurs, especially in the small- to medium-sized enterprise sector. (Source: EB)

this is a great site if anyone is interested in economic statistics:


http://www.bea.gov/international/index.htm#iip

Re: America, Get Ready to Become International

quote:

Originally posted by HardTranceProd Given the plunging dollar, more and more Americans are finding themselves in a hitherto-unknown situation: They're starting to see foreign businesses come to their shores, to buy or overtake American companies. This is very unusual for the US. Typically, it's America whose businesses penetrate the rest of the world; but now, the shoe is on the other foot, and America is about to become economically "invaded" by the rest of the world. How will she take it? This is a very delicate subject for an insular country which, despite being multicultural, has never been international (these are two completely separate concepts). It may also prove to be a curiously humbling experience for a country accustomed to parading its special status on the world stage. What will happen? http://www.nytimes.com/2008/04/07/b.../07sale.html?hp

Good question.

It appears that America has always been at its very best when confronted with challenge.

I think new technologies and a push in development will result, with the usual cross-genesis occurring whose stagnation perhaps helped account for our current vanilla government.

Re: America, Get Ready to Become International

quote:

Originally posted by HardTranceProd Given the plunging dollar, more and more Americans are finding themselves in a hitherto-unknown situation: They're starting to see foreign businesses come to their shores, to buy or overtake American companies. This is very unusual for the US. Typically, it's America whose businesses penetrate the rest of the world; but now, the shoe is on the other foot, and America is about to become economically "invaded" by the rest of the world. How will she take it? This is a very delicate subject for an insular country which, despite being multicultural, has never been international (these are two completely separate concepts). It may also prove to be a curiously humbling experience for a country accustomed to parading its special status on the world stage. What will happen? http://www.nytimes.com/2008/04/07/b.../07sale.html?hp

Interesting....

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