Those 3.4 T are enough to buy the top 100 largest companies of the US
Let me count the ways a liberal is stupid and illiterate:
1) on a good day Apple alone is worth close to a $1trillion. Thats 30% of 3.4T not 1%
2) They cant buy Apple with US bonds they need cash which means selling the bonds. If they sold them their value would collapse
3) The last time China tried to buy a tiny American company we made it illegal. Just one major company like Apple would be 100% impossilbe.
See why we have to be 100% positive that liberalism is based in pure ignorance?
1) Ok, my bad, maybe not the 100 largest, but the 16 largest.
Apple : 724
Exxon : 324 B
BH : 356 B
Microsoft 333 B
Wells Fargo :279 B
J&J : 279 B
Walmart : 265 B
GE : 249 B
JP Morgan : 225 B
Verizon : 198 B
Oracle : 188 B
Citigroup : 156 B
Home Depot : 148
Intel : 148
Pepsico : 141
Cisco : 140
2) Or gold, lately the chinese have been dumping bonds and exchanging them for gold. Also the stock is still bubbling so it is likely the above numbers go down, which would make the purchase easier. The key players from the above list would be Exxon, BH , Walmart, GE, Home Depot, Intel, Cisco.
3) Really ? Any links to support your claim?
And even if it was so. Wouldn't that be a protectionist measure prooving MF was wrong, which by the by was my original argument ?
"Energy and power investments made up almost half of all Chinese M&A in the US between 2005 and 2012, but recent deals are more diverse as private Chinese companies from a variety of industries join the M&A game"
"Finally, the most prominent slice of the M&A pie in 2014 was information technology. That sector, according to Rhodium, accounted for 48 percent of total Chinese FDI in the United States, boosted by Lenovo’s $2.9 billion purchase of Motorola Mobility."
Chinese acquisitions of U.S. companies - CNNMoney
Is China Buying America? | Columbia Business School Chazen Global Insights
Top companies in the world by market value 2015 | Statistic