Quote:
Originally Posted by GMusa
why does the U.S. allow itself to contiue to be own by foreigners?! It makes me sick. This isnt even America anymore.
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Because it should, as should other countries. It makes buying a condo in Rome cheap (ahem) when the dollar was strong against the euro earlier in this decade, and the reciprocity allows American citizens, like myself, to buy foreign equities in Russian, Brazilian, Chinese, Indian, UK, and German firms, the performances of which can stabilize a retirement portfolio when American equities are struggling.