1.21.2008

American duress

For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing. Foreign investors are buying aggressively, taking advantage of American duress and a weak dollar to snap up what many see as bargains, while making inroads to the world’s largest market.

(NYTimes)

Yeah, right. I'm selling myself to China. Or better yet, Germany - they seem to be in a buying mood as well. I don't mind wonton soup but sauerbraten beats it by a mile.

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