Weak dollar prompts record foreign buyouts of U.S. companies
Other ramifications of the weakened US dollar is that foreign companies are buying out U.S. companies either to acquire technology, patents or to eliminate competitors. If you think little is actually “made in America” now just wait until all these buyouts conclude. It is bad enough now but soon America will not be able to stand alone or take a moral stand because we’re a house of cards. We couldn’t even go into Iraq without buying foreign made hardware to equip our troops!