US firms fish for overseas cash - 09 Feb 08

With the US economy slowing down, businesses here are opening their doors to rich overseas investors. In the past, Americans have been wary of foreigners investing in their firms, fearful of giving up control. But as Al Jazeera's John Terrett reports, a combination of huge corporate losses, the weak dollar and the threat of a recession means many companies need foreign cash just to keep going.

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[LikableDesi]

lol nice observation. You have an eagle eye.

[wildchildplasma]

Um well the problem is that people could go round these bullies and some do but most are to stupid and the fact of how stupid it is to hold everybody else back leaving a sweatshop mcjobs culture for the world.

I think were kind of singing the same hynm sheet here sorry for being stupid.

[jklasdfjdfksl]

sharing and social services are contradictory to "global markets"; it is about protecting investor rights to OWN the world for their own profit, not for the benefit of the people they are exploiting.

[jklasdfjdfksl]

could you elaborate? the stupidity i see is economic totalitarians (private multinationals, many US based) controlling a nation's currency and capital flows, thus impoverishing the country for the vast majority of its people, and acting like setting up sweatshops is providing a service to these people. there is a difference between the world's people making money to provide the basic means of existence off of their own resources, and a handful of neo-liberals dictating these conditions.

[lrn2wlk4life]

1:18 Which AlJazeera reporter flipped the one book upside down? I works as a screen to show this guy's thinking is backward.

[wildchildplasma]

I simply must dissagree. It is Stupidity that mainly provent an Economy to function well enough for people living on various areas of earth with Dreams.

God is simply texts that have started from praticallity and ended up swimming in abitions from others for totalitariansm.

[ApollinarisLegioXV]

The fact is that the US is in default, bydevaluating the currency are in effect reducing the foreign debt against floating currencies. The problem they have is to detach the Chinese Yuan ...

[Ayeere]

I think that is just the total debt. WE Also owe China, Japan, South Korea.

[AXDERFU]

Could u please explain further? "this robotic formula", "profit self-interest". Who are the totlitarians? are they against liberals? are you? Thank you in advance for your time.

[jklasdfjdfksl]

the notion that humans are inherently evil came from people like plato, who were looking for excuses to justify their elite rule over society and were twisted by their own hedonistic lifestyle. he started at the top and wanted to keep it that way be disregarding everything that is righteous about the human spirit. neo-liberalism, and capitalism, are nothing more than this flawed assumption pushing humans towards the unnatural result of self-destruction.