It should be illegal to sell certain companies to foreign interests. Our largest steel company should not be foreign owned.
US Steel owned by foreigners Andrew Carnegie's rolling in his grave right now.
that's agaisnt the free market. Wouldnt the japanese company just sue and win? I dont think they can outright block it without first coming up with a legitimate/legal method of blocking the acquisition.Can it be blocked? The government blocked Chinese Broadcom from buying up Qualcomm. Antitrust and national security concerns.
That's already happened. Chinese is the leader in the EV manufacturing space. Outside of the CHIP space and AI, China is out competing us. Especially when it comes to manufacturing products at scale and cheap (yes even advanced technologies now). Take a look at this:We are going to get the rug pulled out from under us.
America's elites are libertarians in a way. They're economic leftists but are "socially conservative" and anti black. They have more in common with Indians and Asians tbh. It's why they're so pro immigration and love outsourcing shyt. As long as they're making a lot of money, they will gladly offshore shyt. Been happening since the 1970s.The elites continue to hemorrhage this country's manufacturing base and allow hedge funds/Chinese buy up housing. Throw in cultural wars to distract, not sure where this country is headed.
Capitalism baybee! the best economic system on earth!It should be illegal to sell certain companies to foreign interests. Our largest steel company should not be foreign owned.
LMAO I was about to post a link to this exact same page