Another Nail in our Coffins

I read now that the U.S. government is restricting purchases of strategic properties by foreigners. It's about time! All other countries have been restricting ownership of their country's businesses for years, normally allowing only 49 percent foreign ownership and local control. China has recently restated this policy regarding foreign purchase of their companies. But, in the case of the U.S., this will now unfortunately advance the day of reckoning when America will have no more properties or assets for foreign purchase and the dollar(and U.S. living standard)will drop like a rock. Read my article on 01/06/2006 about "The U.S. Current Account Catastrophe" to better understand these comments.