From China to the Middle East and back again, the American economy continues to weaken while, according to a features piece in today’s New York Times, other countries see this as valuable investment opportunities.
According to the article last year foreign investors spent $414 billion into American companies, factories, and properties. Think this is a new trend? Think again. The article continues: this was up 90 percent from the previous year and more than double the average for the last decade.
While the foreign funds pouring into America has left many people wondering the status of the US economy in relation to the global economy as a whole, there’s no doubt the influx and interest of our neighbors to the north and south are on the rise as well. Is it igniting the economy? Hmmm, not so sure. Is it stimulating growth? The jury’s still out. One thing’s for sure: as the R word (shhhh – recession) continues to echoes among headlines one person – or rather, country’s – situation is opportunity for growth in another.
