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.
Daca is not part of budget….its dems holding military hostage
We should NOT be selling our land to foreigners. Does anyone know how much of America is already foreign-owned? I’d like to know.
It’s been going on for years…
Why are we allowing any forgien country to buy American soil?
Democrats like Harry Reid are to blame they are selling Americas land to other countries to fill their greed
Absolutely
Gitmo
The whole center valley of Utah raises alfalfa and hay which is shipped to Japan to feed their livestock since they don’t have enough grazing area for their livestock. Kobe beef is fed beer as well. Do you have any idea how much the farmers in the West make shipping grains, corn, hay, soybean prices and alfalfa
80s japan bought up most of hawaii and dramatically inflated the real estate market
They should never be allowed to own our lands!!!! Short term lease maybe…