In the 1980’s hysteria over Japanese investment and automobile imports was at an all-time high. Vitriol from laid off union auto workers was directed at the imported automobiles and the financial papers painted a picture of a Japanese buyout of America.
There was land speculation, commercial building acquisitions, farms purchased and even on Saturday morning cartoons… there were shows like Speed Racer and host of hyper-flashy “japanimation” programs.
The United States was bracing for a hostile takeover… and then nothing much happened. Japan lurched into their “lost decade” in the 1990’s and a monster depression wiped out much of their net worth.
America was saved, until now.
Now, the Saudi Arabians savvy land speculators have mastered a scheme so lucrative they can barely disguise their glee.
Union workers are worried, farmers feel cheated and the press is declaring that Saudi Arabia is buying up the American south-west
Please see the next page for Saudi Arabia’s reach into the continental United States.
Why does any American, who is an American, allow the purchase of land in America by a foreign government. Especially governments who are hostile to our government!
Why does not Congress act to prevent foreign ownership of our farmland?
I heard about this about a good year ago or more. I was dumbfounded. The article said something about the Saudis would rather use our water to irrigate than their water at home.
How can a country be so incredibly stupid?
Have you any idea how much money we owe China? They can call it anytime they choose.
You can bet Saudis won’t be doing the work, supervising or managing any process. When it is fallow for any lenth of time, they will break the code. Jimmy
Why do we allow foreigners ers to buy our land? I think people would be surprised at how much is owned by foreigners. We couldn’t do that in other countries!
There should be a law AGAINST selling ANY American land other countries!!!!!!!
Be aware!
It comes down to money!