Foreign investment vehicles from Asia are continuing to gobble up US assets. A Singapore investment fund has recently announced a large stake in Merrill Lynch. This follows large investments by China, Dubai, and Australia in our country within the last year.
National barriers continue to blur. Soon people will be asking why U.S. taxpayers are paying for a large military to defend foreign owned assets when much of the U.S. will be owned by foreign interests soon at the rate at which foreign capital is being recycled back into the country.
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