An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Is there a shortage of investment funding for viable businesses in the U.S.? Not that I am aware of.
If this "investment" consists of buying real estate and existing businesses, then it's not really investment. We don't need more rich people bidding up assets and extracting rents.
Naturally the Chinese would like to spend their stash of American dollars on something, but that something should be American value-added products, not American assets.
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What would be the benefit to the U.S.?
Is there a shortage of investment funding for viable businesses in the U.S.? Not that I am aware of.
If this "investment" consists of buying real estate and existing businesses, then it's not really investment. We don't need more rich people bidding up assets and extracting rents.
Naturally the Chinese would like to spend their stash of American dollars on something, but that something should be American value-added products, not American assets.
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