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So how much of the U.S. Does China own right now?

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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 05:58 PM
Original message
So how much of the U.S. Does China own right now?
Let me rephrase that. How much of the U.S. has Bush sold to China since he took office?
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Spurt Donating Member (352 posts) Send PM | Profile | Ignore Thu Oct-13-05 06:03 PM
Response to Original message
1. Not much.
Just it's future and the family silver.
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 06:08 PM
Response to Reply #1
4. lol.
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dogman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 06:05 PM
Response to Original message
2. About 100 mile radius of every Walmart store. N/T
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 06:09 PM
Response to Reply #2
5. Unfortunately that's pretty close to being a fact.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 06:08 PM
Response to Original message
3. the sell off didn`t start with bush.
Edited on Thu Oct-13-05 06:09 PM by madrchsod
the sell off started in the middle 70`s and every president since has done nothing to solve the balance of trade and american industry from disinvesting in the american worker. all our trade policies favor cheap labor countries over our own workers and small business owners.
right now there`s not much left to sell....
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 06:10 PM
Response to Reply #3
6. Perot was right about the intent.
He was wrong about the final destination for our jobs.
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enid602 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 06:10 PM
Response to Original message
7. China
Saw on Public TV a few nights ago (Nightly News) that despite decade of tremendous growth and industrialization, more than 60% of ALL Chinese make live off less than $1 per day, and fewer than half of all Chinese even brush their teeth (they actually said this), much less have dental insurance. Sounds like the US Gov't is not the only entity whose judgment should be questioned. I'm not sure that investment in the US will be such a good idea for the Chinese in the long run. A good illustration for those who insist that socialist governments make better decisions on behalf of their citizens.
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 07:30 PM
Response to Reply #7
8. That seems to be where we're going too.
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400Years Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Oct-14-05 12:28 PM
Response to Reply #7
15. The people of Venenzuela would disagree with you
"A good illustration for those who insist that socialist governments make better decisions on behalf of their citizens."


By the way, China is Communist not Socialist.
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Silverhair Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 07:32 PM
Response to Original message
9. Many US corps own part of China too.
The place my wife works for has bought land in China and built a factory there.
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 07:52 PM
Response to Reply #9
12. Yeah, but China has put limits our ownership.
The reverse is not true.
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MazeRat7 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 07:39 PM
Response to Original message
10. Define Ownership ?
Edited on Thu Oct-13-05 07:39 PM by MazeRat7
Do you mean physical "property" or "investment" interest ?

MZr7
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 07:51 PM
Response to Reply #10
11. Both.
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MazeRat7 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 08:01 PM
Response to Reply #11
13. Damn... thats a hell of a converstaion
Generally speaking... I would "guess" less and 5% of physical property (in terms of sq ft). As for "investment", I have heard #'s as high as 20% of our national debt.

MZr7
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cornermouse Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-13-05 08:30 PM
Response to Reply #13
14. Well....
Why waste words? :eyes: }( And thank you for the information.
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