The U.S. economy is still struggling from the 2009 recession, and many companies are also still recovering, in spite of the reassurances from the Obama administration that all is well. One way to recognize that there are problems is by noting the number of U.S. companies that are being sold to the highest foreign bidder, which includes 102 mergers and acquisitions by Chinese companies so far this year. Included are General Electric’s sale of its appliance business to Qingdao-based Haier, Zoomlion’s $3 billion bid for the heavy-lifting-equipment maker Terex Corp., and ChemChina’s record-breaking deal for the Syngenta, valued at $48 billion.
China’s buying spree is due, in part, to a slowdown in the Chinese domestic economy, and cheap prices for U.S. properties as companies seek to unload less profitable or unsustainable businesses. In a survey of China based-businesses, almost half said that the U.S. was an attractive market for investment, though 47% felt that U.S. laws and regulations were a major barrier. That is indicative of the decreasing international standing of the U.S. in surveys evaluating economic freedom and ability to conduct commerce. It could also represent the mindset of legislators like Bernie Sanders and Hillary Clinton who seek to move the United States towards socialism and away from free enterprise.
U.S. business sell-off not a slam dunk, page 2:
TRUMP THE ONLY CLEAR CHOICE
What the hell, nobody buys American anyway!
DONT TREAD ON ME!!!!!
Another reason to vote Trump!
Blame Obama the Muslim traitor.
They can afford it after all they have the money. We are broke and have no money because we are supporting, feeding, housing, clothing and educating so many people that are here illegally and not American citizens.
Trying to make sure they don’t move back to the States!
We need a successful business tycoon to help us bring jobs back to America. Do we know such a person?
What else is new
Obamas global economy.