Will Toledo, Ohio Be The First Major American City To Be Owned By China?

Let's not lose sight that we're dealing with Communist China and people's lives mean nothing. What will happen when China owns the US?

Read more http://theeconomiccollapseblog.com/archives/will-toledo-ohio-be-the-first-major-american-city-to-be-owned-by-china

Bruce

'Now China is gobbling up U.S. real estate and U.S. assets at an astounding pace. In fact, some cities are in danger of becoming completely dominated by Chinese ownership. One of those cities is Toledo, Ohio.
,,,
Most Americans don't realize this, but the truth is that the United States has a trade imbalance that is more than 5 times larger than any other nation on earth has.
...
All of this imbalanced trade is absolutely killing us.
...
Meanwhile, China is continually getting wealthier and we are continually getting poorer.

All of the money that is leaving this country and going to China could be going to U.S. businesses and U.S. workers instead. In turn, those businesses and workers would pay taxes on that money to support the government.

Instead, we have to go beg China to lend us the money that we just sent to them.
...
the median net worth of families in the United States declined "from $126,400 in 2007 to $77,300 in 2010" according to the Federal Reserve.
...
And when you factor in our debts, we are a complete and total mess. U.S. consumers are more than 11 trillion dollars in debt and the federal government is nearly 16 trillion dollars in debt.

We are getting deeper in debt at the same time that our ability to service that debt is declining.

The reality is that our economy is completely falling apart and it no longer produces enough jobs for everyone.'