It's shocking -- I guess we will give away the country!

Is that idea suppose to be scaring or something?

It really isn't.

If the country of China happened to buy GE it would be a trade in my opinion. And a trade usually implies something that both sides are agreeing to so it usually benefits both sides. If all of the GE stockholders etc etc where willing to sell GE to China, well I think that would be their choice and if they choose to do so, obviously it would be beneficial for them. Who would engage in a trade that wasn't beneficial? Those are just my thoughts though.
Capitalism at work.

As long as nothing is forced and everyone has a choice whether or not to keep or share their assets in anything, then whatever choice people make is fine by me.

The blindness by you answer is astonding, if you think by using the conard of captialism as a justifcation for your answer it show a veryyyyyy shallow thinging pattern! I would call you a light/lite weight thinker!!!!!! shhhhhhhh

ThinkerMan

ThinkerMan, instead of making insulting comments to someone that expressed their opinion why don't you comment on the subject matter yourself so as to allow us "shallow thinkers" to marvel at your expressed ability to "think so deeply.

My thoughts are that in a few years China will be able to buy, or at least try to buy, whatever China desires to have. China is in the process of buying energy, materials, technology and other essentials necessary to expand their economy at a very fast pace, causing turbalence in the marketplace. Wise investors who take advantage of the right opportunities will get rich!

Just a simple comment from a Plain Ole Thinker!

Maybe this is a good thing. How many baby boomers have a significant portfolio of stocks as part of their retirement plan? How many people are there behind them to buy their stocks when the decide to cash out and retire?

That's right. Not as many. If you want to sell a stock and no one wants to buy it, the value isn't so good. Solution? Sell your stock to the Chinese. They own the company, but you get a retirement portfolio that actually has some value.

So, yes, in the future the Chinese may own everything, but there is just possibly a very important upside.

I don't understand what everyones deal with China is.

Everyone does realize that having a protectionist economy is the worst thing yo could do in the US right? Show me one country with a closed economy that has done well in the long run. It is not a coincidence that the most open economies have the best performance in the long run. Every time I see "Buy Made in USA" I want to slap someone. If "made in USA" is offering you the best price and quality, then by all means go ahead, otherwise just buy the best and cheapest regardless of where it is from. Don't subsidize a dying industry in the US, that is just illogical. We should figure out on what grounds the American economy can compete internationally and stick with that. For instance, we are good at dealing with money, making software, and making planes, so let's just do that (very simplified example of course).

If we lose a bunch and sneaker, textile, toy making, car manufacturing jobs to the Chinese and Mexicans...Who cares? In the long run that just says that our economy is ever stronger. We are not a 3rd world country and thus trying to maintain those types of jobs is ridiculous.

Plus, if we keep maintaining these trade imbalances, eventually the dollar will fall due to the flood of dollars on the international market, and that will make our goods cheaper on international markets. Once the Chinese Economy gets to where it should naturally be (the beast has been sleeping for 500 years, it is about time it has waken up, it is way below its potential), they will have a lot of purchasing power to buy American goods as well.

Of course the Chinese economy cannot grow forever, eventually the demand for their cheaper goods will be fulfilled and the market will become saturated. This happened with the Japanese and it will happen with the Chinese as well. Once their GDP per Capita begins catching up with the rest of the world, their economy will in the long run probably grow steadily at 1-4% such as in the USA and Japan now (or at least what Japan is expected to do once they full pull out of this recession).

If anything, we should be focusing on the Artificial maintenance of the Chinese Yuan, now that is something that should not be allowed as it makes it hard for our products to compete with their products on every single market. That should be the focus with the Chinese, not the integration of our economy with theirs.

Again, if I own something (say GE) and I want to sell it to China, obviously I can and no one should stop me. I OBVIOUSLY HAVE PLANS FOR THAT MONEY AND I THINK I CAN PUT IT TO WORK SOMEWHERE ELSE WHERE IT WILL DO BETTER. Again, a trade is something that benefits BOTH SIDES, that is a requirement.

i don't understand everyones fixation with Chinas ascension. It is not as if the better the Chinese economy does, the worse ours will be (actually quite the oppposite). If their economy in 20-30 years surpasses ours (which is eventually bound to happen), who cares? It is just a number. All that matters is that our GDP/capita stays high so that we Americans have a nice standard of living. Look at Japan, Engaldn, and S. Korea, our economy is much larger than theirs yet that is not to say that we live much better lives than they do there.

Having a protectionist economy is idiotic. If anything we should embrace the contributions and the achievements that will flow out of China in the next few decades. Our economy will become even stronger because of it.

Sheldon -- You're absolutely right. I hope that you and all like-minded readers will log on to the U.S. Business and Industry Council's globalization website, www.americaneconomicalert.org. We look at trends and developments in the global economy from the kind of pragmatic nationalist perspective you seem to share, and I think you'll find the site to be a gold mine of information and analysis. I hope those of you who do not share this perspective will log on, too. At worst, you'll find it provocative. At best, you might learn something!

Why your surprise? The public service sector is well aware of the malaise common today, as is big business.
When you realize we have for decades had the makings of an aristocracy with a plutocratic bias, which is now coming into fruition with the restriction of rights, abuse of double-standard legal decisions, and a mostly paid for congress and appointed officials by oil-based economies, and surprise is not the feeling you will know.
But, armed with such a theory, which can be demonstrated and documented, you will find surprise is an emotion you feel the least.
Like your site, very comprehensive.