Quote:
Originally Posted by LaurieAG
Hi Infi,
And in a 'free' market, the new owners of those relatively cheap assets/stock don't necessarily have to be from your own country.
We've been there and done that.
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Yes Laurie and Howard has just given China part ownership of a Uranium mine.
With the falling US $ there are sure to be some Asian and European and Arab bargain hunters- but usually -my experience of the Japanese- only the really top, prime, real estate sites.
I doubt if poor, social minority housing would appeal.
Farms yes because we
will need them to grow bio-fuel, sequester carbon etc.
I just hope our battered Australian
Family Farmers can hold out a little longer and the land doesn't end up in a yet another huge
Agri-Business Portfolio (-which I note get most of the USA agriculture subsidies.)
