« US CO2 emissions per capita in 2012 were the lowest since 1964 |
| Debt, Spending and Taxes: All Time Highs? (3 Charts) »
Source: Business Insider
Posted at 09:14 AM in Economic News, Economics, International Affairs | Permalink
You can follow this conversation by subscribing to the comment feed for this post.
So is the key info there that 5.8% of US net worth is owned by foreigners? I think I would have maybe guessed more but if I think through it a bit more it shouldn't be surprising.
Apr 22, 2013 at 12:04 PM
Yes. People often perceive it much higher.
The reality is that for many emerging nations the US is still the safest place to invest. Their own economies are not expansive and dynamic enough to provide for a good rate of return, so they invest here. That is good for the US in the sense that more capital is being put to work within our economy. But a side effect is that an abundance of capital tends to discourage Americans from saving and encourages them to borrow too much.
But that is another story. The big thing here is we are not losing control of country to foreign powers.
Michael W. Kruse |
Apr 22, 2013 at 01:54 PM
This is only a preview. Your comment has not yet been posted.
The letters and numbers you entered did not match the image. Please try again.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
(You can use HTML tags like <b> <i> and <ul> to style your text. URLs automatically linked.)
(Name is required. Email address will not be displayed with the comment.)
Name is required to post a comment
Please enter a valid email address
Your email address:Powered by FeedBlitz
John H. Walton: The Lost World of Adam and Eve: Genesis 2-3 and the Human Origins Debate
Elhanan Helpman: Understanding Global Trade
David Whitman: The Optimism Gap: The I'm Ok--They're Not Syndrome and the Myth of American Decline
William J. Baumol: The Cost Disease: Why Computers Get Cheaper and Health Care Doesn't
Brent Waters: Just Capitalism
Tamari: WITH ALL YOUR POSSESSIONS (JEWISH ETHICS & ECONOMIC LIFE)