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Dubai Deal's Collapse Prompts Fears Abroad on Trade With U.S.

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ECH1969 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-10-06 11:56 AM
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Dubai Deal's Collapse Prompts Fears Abroad on Trade With U.S.
DP World's decision yesterday to transfer a handful of American port terminals, rather than chilling interest in investing in the United States, may actually have made it safer for foreigners by relieving some of the political pressure that was building up against them.

But as part of a pattern of other antiforeign actions in Washington, fears remain that the United States is becoming a less welcoming place for investment from overseas.

"We need a net inflow of capital of $3 billion a day to keep the economy afloat," said Clyde V. Prestowitz Jr. Some analysts warn that further political hostility against foreign companies buying American assets could boomerang against the United States.

Some observers worry that nationalist sentiment seems to be on the rise not just in the United States but in other prosperous countries where economic anxieties are present.

http://www.nytimes.com/2006/03/10/business/worldbusines...
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opihimoimoi Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-10-06 11:58 AM
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1. Its a reflection of There is Something About America run by the PUBs
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primavera Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-10-06 12:03 PM
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2. We need to sell off $3 billion worth of the country's assets every day?
In order to stay solvent? That's one whopper of a credit card bill. Wonder who's going to have to pay back that deficit. Of course, by then no doubt a Democratic administration will be back in and the financial hardships associated with having to pay back those trillions with interest will be our fault.
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C_U_L8R Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-10-06 12:03 PM
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3. Bush shouldn't have persued this deal in the first place
what a clown of a president.. really.
it's breathtaking how stupid this man can be
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magellan Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Mar-10-06 12:17 PM
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4. Scare the people into accepting globalization on Repug terms?
They dug this exceedingly deep hole behind our backs for their own benefit, and now we're supposed to feel guilty and responsible for it to the extent that we give up all oversight?

WAKE UP, AMERICA!!
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