"Of all the savings that citizens world-wide are willing to put outside their countries, the U.S. gets 85% of it." 2007 WSJ

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http://bigpicture.typepad.com/comments/2007/01/worlds_assets_h.html

The study, released today, paints a picture of a world in which investors and the banks that manage their money are spreading their bets more broadly. Flows of investment across borders hit $6 trillion in 2005, McKinsey said, above levels reached at the height of the 1990s stock-market bubble and more than double the figure in 2002.

At the epicenter of these financial flows is the U.S., which takes in about 85% of the flows from countries that are net exporters of capital -- places like Japan, China and the Middle East. "It's a pretty striking thing," says Diana Farrell, director of the McKinsey Global Institute, an in-house think tank that produced the report. "Of all the savings that citizens world-wide are willing to put outside their countries, the U.S. gets 85% of it."

Confessions of an Economic Hit Man shows the process of world domination. The outcome is anti-worker regimes is to create super rich people with money to invest in other countries of which the US Gets 85%!!! (in 2007) Unbelievable. Wonder if it is still the same?

jim d
Joined:
Jul. 31, 2007 3:01 pm

Did Carrier Fleece Both Trump & America?

Donald Trump took a victory lap in Indianapolis yesterday afternoon, where he and Vice President elect Mike Pence officially announced a deal to keep 800 Carrier jobs in Indiana.

That's 200 fewer jobs than the 1,000 jobs that Trump initially said the deal would save, but that's kind of besides the point.

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