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Non-Tech : Dollar/yen ambush? -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (94)	9/25/2000 10:08:25 AM
From: Thomas M.	Respond to of 95

Actually, there has been very little foreign investment in this country in the past decade. Most foreign capital flows into this country have been in the form of stock mergers and buyouts. This does not involve creation of new manufacturing capacity or jobs, just a transfer of ownership out of our country. Most capital flows into this country have simply paid for the consumption boom. The net effect is that we are selling our country's assets to fund consumption. Tom