{"id":197874,"date":"2008-01-04T06:06:00","date_gmt":"2008-01-04T11:06:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/01\/04\/bad-investments\/"},"modified":"2008-01-04T06:06:00","modified_gmt":"2008-01-04T11:06:00","slug":"bad-investments","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2008\/01\/04\/bad-investments\/","title":{"rendered":"Bad Investments"},"content":{"rendered":"<p>Interesting numbers on <a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601103&amp;sid=a7SxhXzLk6tI&amp;refer=news\">foreign investments in the US<\/a>:<\/p>\n<blockquote><p>Foreign investors exploited the declining U.S. dollar during the past three months to snap up American companies, taking the biggest share of U.S. deals in at least a decade.<\/p>\n<p>Buyers from Dubai to the Netherlands accounted for 46 percent of the $230.5 billion of U.S. mergers and acquisitions announced in the fourth quarter, the largest portion since 1998 when Bloomberg started compiling the data. The total excludes $17.9 billion of so-called passive investments by state-run funds in Asia and the Middle East in U.S. banks, including New York-based Citigroup Inc.<\/p><\/blockquote>\n<p>So, <span style=\"font-weight:bold;\">counting<\/span> the &#8220;passive investments&#8221; we&#8217;re over 50%.<\/p>\n<p>This reminds me of when the Japanese bought in the US in the early 1990s, and later sold at a 30% loss.<\/p>\n<p>This time though, I think that it&#8217;s more likely that the losses will come from a plummeting dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interesting numbers on foreign investments in the US: Foreign investors exploited the declining U.S. dollar during the past three months to snap up American companies, taking the biggest share of U.S. deals in at least a decade. Buyers from Dubai to the Netherlands accounted for 46 percent of the $230.5 billion of U.S. mergers and &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1080,973,964,1016],"tags":[],"class_list":["post-197874","post","type-post","status-publish","format-standard","hentry","category-currency","category-economy","category-foreign-relations","category-international-commerce"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/197874"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=197874"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/197874\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=197874"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=197874"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=197874"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}