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America now on sale
» Posted by Martin Weil on January 21, 2008
For much of the world, the United States is now on sale at discount prices. With credit tight, unemployment growing and worries mounting about a potential recession, American business and government leaders are courting foreign money to keep the economy growing. Foreign investors are buying aggressively, taking advantage of American duress and a weak dollar to snap up what many see as bargains, while making inroads to the world's largest market. So write Peter Goodman and Louise Story in a good article on foreign investment in the US - both private and public - in Sunday's NYT
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