Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Where are those billions of dollars going which our Hollywood flicks like "Fast and Furious" or Spiderman or Batman franchises make in other countries? Where is all the money which Apple, Microsoft, Pizza Hut, Mcdonalds, Ford, GM makes by selling their products in other countries??? The bottom line is that the money which US earns from Foreigners also go into the pockets of Corporates and it doesnt stimulate economy for the Common Man while top 1% will become more and more rich-whether Foreigners come or not.
Tourists spend a lot at local businesses. It does help the service sector. What we need is not just short term tourism. It is long term residence. We may not have a lot of jobs but we do have things wealthy Chinese want. We have blue skies, clean air, beautiful nature, all of which may attract the wealthy to spend money here. We also have a system that respects and protects private wealth and a mature legal system. Many emerging economies don't have that.
Yep. I was watching PBS news hour yesterday and they cited close to 50% of US Real Estate transactions last year were cash transactions by foreign buyers. In coastal cities like Miami, the number of cash transactions by foreign buyers rises to over 70%.
Its the same in UK because western real estate is cheap compared to china. People born in cities in china get rental assistance but not if you where born outside city. London last I knew had 20% increase on housing just so far this year;much of ot caused by foreign buyers .40% of buyers of housing last month paid cash in US.
I don't mind international investment in this country. But, teach them manners, assimilation into US culture, and most importantly, how to properly drive a car in the US!
I don't mind international investment in this country. But, teach them manners, assimilation into US culture, and most importantly, how to properly drive a car in the US!
The Left will condemn you for your statement... Anyway.
Diversity is just what it is. America will finally be internationalized and Americans will get to see true diversity of cultures and manners. You can't change people. You have to adapt, especially when they have more financial power.
It's not just food. Well to do immigrants will help increase revenue for schools and universities,create demand for high end services, and spend at our national parks.
The biggest stimulus is going to be international wealth from China. The Chinese middle class will be the largest in the world. Hey are just getting started. We haven't seen anything yet. We can benefit greatly from Chinese tourists,students, businesses, real estate buyers. We need to loosen our immigration rules to attract international wealth, which would help support our economy.
I'd be happy to do a 1:1 replacement of every single illegal immigrant in our country with them.
The biggest stimulus is going to be international wealth from China. The Chinese middle class will be the largest in the world. Hey are just getting started. We haven't seen anything yet. We can benefit greatly from Chinese tourists,students, businesses, real estate buyers. We need to loosen our immigration rules to attract international wealth, which would help support our economy.
Yes, we white folks will fit right in their towns. I can already hear white people exclaiming how much they want their towns turned majority Asian and for their kids to be the only white child in classrooms and we can all read the Asian languages they use on business signs. We'll all understand what they're saying and writing and they will welcome us with open arms for employment at their jobs. All they need is an English speaking white guy to work for one of their newspapers, magazines, TV shows, banks, and financial services businesses.
Makes sense.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
