Wednesday, January 4, 2012

More Chinese purchasing of American Infrastructure

Just collecting info here.. China buying up American assets that imo should be kept American.


Corrected: Sinopec, Total pour $4.5 billion into U.S. shale


and just a bit north

PetroChina buys control of Canada oil sands project

Our accelerating proclivity to sell information, technology and natural resources without regard to long term American interests will bite us in the arse big time.  Until American politicians actively recognize China (and others) as economic enemies and start protecting the seeds of american prosperity  we are truly leaderless.

update 05/22/12
Chinese counterfeit parts in US military equipment:
http://www.bbc.co.uk/news/world-us-canada-18155293 

Update 05/22/12

What the implications of this are i am not sure (other than what the article points out) but i doubt the long term effect will be good for America.  The gist is that China can buy US debt without the use of brokers
http://www.reuters.com/article/2012/05/22/us-usa-treasuries-china-idUSBRE84K11720120522



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