Asking
Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

how much of the u.s.a. is foreign owned?? factories, corporations, journalism, real estate, etc??

why do we need foreign money to open new ai center in texas??
why is u.s. steel looking to nippon steel for rescuing??
why does only new car dealer in town sell korean owned hyundai??
why do chinese own smithfield foods and only textile factory in town??
This page is a permanent link to the reply below and its nested replies. See all post replies »
ArishMell · 70-79, M
You are not alone.

Similarly in Britain, but let's remember corporate America was raiding British and European industry for much of the 20C and into this, so can't really complain when the same happens to it.

Within each country so affected, perhaps the question should be, "Why are our own investors not interested in our own companies?"

There are many reason why "Western" countries have lost so much to Asia and more recently also South America; and sadly some of those reasons are internal, or self-inflicted. I wish it were not so, that the USA and UK did make their own cars, electrical goods, steel, etc. by their own investors' money, but I think we have to accept that is not going to happen again, at least not in the foreseeable future.