"Asians now hold $1.1 trillion worth of U.S. Treasuries. What are they
going to do with all that loot? The bid for Unocal is peanuts. Asians
could buy more than 50 companies Unocal's size - or a controlling interest
in every major corporation in America. Without firing a shot, the rising
Empire of the East could seize command of the industrial base of the
declining Empire of the West. This is where America's strange system of
imperial finance has taken us. Where next?"
http://www.dailyreckoning.com/Issues/2005/DR070805.html
Friday, July 08, 2005
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About Me
- Name: Mateu
- Location: Portland, Oregon, United States
Stampeding Caribou dislodged the ice floe where I had been frozen for 71 years. I landed on the shore of Īles-de-la-Madeleine where a motel manager promptly gave me a job cleaning bathrooms. After three years of saving tips and stealing change left by lodgers, I paid my way to America. Seeking toilet scrubbing work in Owego, NY, I accidentally boarded a bus to Lake Oswego, OR. Now I live in Portland.
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