Saturday, June 7, 2008

The End of U.S. Imperialism?

The far reaching financial crisis which began in August 2007, Horne contends, encourages the foreign creditors of the U.S. to turn their dollars into “investment funds” to in effect acquire U.S. assets. This in a truly remarkable role reversal leads to U.S. private firms being controlled by foreign governments.

Read the whole story here...

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