In the US, the Obama Administration and Congress will become increasingly paralyzed and politically polarized.
Due to a combination of: growing rancor between Republicans and Democrats (as well as growing extremism within the ranks of both parties); divisions within the Democratic Party; the disillusionment of the US population with the failure of the earlier “stimulus packages” and big business and big bank “bailouts”, President Barack Obama and Ben Bernanke will be unable to pass another big stimulus package, and unable to prevent the coming double-dip recession in the US economy. Expect this “dip” within the next six months to a year.
It will be catastrophic for the US, but will provide opportunities for “buy and hold” foreign investors to snap up bargains in US real estate, stock and debt of US companies (both private and public), and mining and mineral rights.
These foreign investors will begin taking US industries, properties, natural resources and other assets out of the control of the US population, and many of the investments will be major strategic stakes in major properties, with the investors playing active policymaking roles and making substantial, pivotal business decisions. With the exceptions of the banking, pharmaceutical and energy sectors, foreign investors will rapidly (the next 1 – 3 years) turn the US into an internationalist property. Most of these investors will be from China and Southeast Asia. Time for a (ahem) reorientation...
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