Has anyone else noticed that most of the new factories in America are owned by foreign companies? China is even buying up long term American manufacturing like the GE Appliance division. Lots of Americans now rely on foreign employers for a job. I recently read the following letter to the editor in a magazine. Although I am not in agreement with everything or viewpoint in this article,it does raise interesting issues and viewpoints to consider. Sorry, I misplaced the authors name.
Quote "Welcome to the future. Bad government policies over the last several decades have created a middle class in China, leaving middle America financially gutted. They (China) will now dominate the world as they buy up assets and we will be come a servant economy. The business of China is business. The business of the USA is war. As they move their wealth out of China they will buy up controlling interest in just about everything. While we (America) continue to squander our remaining capital on policing the world. We (America) will continue to borrow more to buy the cheap stuff they manufacture, and they will use that money to buy our businesses. We will become service personnel to our Chinese overlords."
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