Or the glimershien. (spelling and meaning might be wrong) German for the refelictive shimmer on the edge of things moist with the dew.
2007-11-01 11:51:49 · 6 answers · asked by whirling W dervish 2 in Politics & Government ➔ Politics
It could be the New Billionaires moving to Dubai and buying up American Business from off shore accounts.
2007-11-01 11:58:15 · update #1
It's the falling dollar and globalization. There soon will be no such thing as an American corporation or American made product. Since the Chinese have pegged their currency to the value of the dollar, we'll never be able to regain our manufacturing base. They'll always undercut us in the global marketplace. But hey, we can keep buying cheap goods at Wal-Mart!
2007-11-01 12:03:33 · answer #1 · answered by CaesarLives 5 · 1⤊ 1⤋
While a falling dollar does make US securities 'cheaper' to foreign investors, it also poses them with the fear of suffering exchange-rate losses on thier investment. So, no, a falling dollar doesn't explain investment in the US. Investment dollars chase growth, so those investors must see some growth potential in those companies. Since most larger US coporations actually have global opperations, that growth potential could have nothing to do with the US, or the dollar.
2007-11-01 12:03:06 · answer #2 · answered by B.Kevorkian 7 · 1⤊ 0⤋
The BBC has been preaching to the world that the US is a terrible investment. Guaranteed to lose money. I am convinced that the BBC should be designated as a terrorist organization trying to undermine the economy of the US. An act of war.
Apparently, most of the world thinks they are just full of crap.
I concur.
It's a sad state of affairs when the rest of the world has more confidence in the US economy than it's own citizens do.
2007-11-01 12:04:12 · answer #3 · answered by Anonymous · 0⤊ 0⤋
That type of transaction always goes on when the dollar loses value on the currency market. When the dollar increases, the same companies will be bought back for less money than they were sold for.
2007-11-01 12:22:26 · answer #4 · answered by Perplexed Bob 5 · 0⤊ 0⤋
It must still be good to invest in the US.... a good thing.... It's when Foreign Investors start dumping US companies that would cause one worry....
2007-11-01 11:56:31 · answer #5 · answered by lordkelvin 7 · 2⤊ 0⤋
Yes. Oil will 100 dollar soon.
2007-11-01 11:56:58 · answer #6 · answered by Anonymous · 0⤊ 2⤋