The Chinese Are Buying Up American Cities

Dr. Michael LaitmanIn the News (from Economy in Crisis): “It has been said that there are two ways to conquer and enslave a nation. One way is by using the sword, and the other is by using debt. Fortunately, America is not in danger of being conquered by the sword right now, but America is being conquered by debt. The borrower is the servant of the lender, and today we owe China more than a trillion dollars. By running a gigantic trade deficit with us, China has been able to become incredibly wealthy. We have begged them to lend us back some of the money that we have sent them and this has made them even wealthier. Now China is gobbling up U.S. real estate and U.S. assets at an astounding pace.  In fact, some cities are in danger of becoming completely dominated by Chinese ownership. …

“In addition to real estate, the Chinese are also buying up businesses and natural resources all over the United States.

“On top of all that, the Federal Reserve recently announced that it will now allow Chinese banks to start buying up American banks.

“According to a recent report in the New York Times, investors from China are “snapping up luxury apartments” and are planning to spend hundreds of millions of dollars on commercial and residential projects like Atlantic Yards in Brooklyn. Chinese companies also have signed major leases at the Empire State Building and at 1 World Trade Center, the report said. …

“According to the Economic Policy Institute, since 2001 America has lost approximately 2.8 million jobs due to our trade deficit with China alone. There seems to be absolutely no concern with protecting American jobs these days. …

“The median net worth of families in the United States declined ‘from $126,400 in 2007 to $77,300 in 2010’ according to the Federal Reserve. … A decade ago, the United States was ranked number one in average wealth per adult. By 2010, the United States had fallen to seventh. …

“And when you factor in our debts, we are a complete and total mess. U.S. consumers are more than 11 trillion dollars in debt and the federal government is nearly 16 trillion dollars in debt.”

My Comment: The most powerful nation suddenly turned out to be a colossus with feet of clay, to what it once accused the former USSR. All this is because of the unrestrained greed of a handful of wealthy individuals who seized power and subjugated the whole country, and in the former USSR, it was because of the handful of those who craved power and world domination and subjugated the whole country. Wealth and power have ruined both countries. Egoism has won. But it is doomed to die: People will be forced to change it to a different quality: bestowal and love. No one can do this, but Kabbalah helps discover the “treasure,” to reveal the force of nature that can correct our egoism.

Related Material:
US Hunger Rate Triple That In China
Pentagon Prepares For Economic Warfare
Nobel Laureates, Economists Predict The U.S. And Europe Long-Term Crisis

One Comment

  1. …and of course we know that there really is no “China”, “USA”, “Russia”… and on and on and whatever boarders we construct within our minds.

    What is there?

    There is only “US”– WE, that desire to help others with our talents, potential talents, gross working ability and whatever it takes to be present for others that cross our paths virtually or otherwise and need our assistance and more than that– our friendship, because in the end, that’s all any of us wants.

    Our fulfillment lies in the fulfillment of others, without which, we remain unhappy and spiritually dead inside.

    In the end, it’s not so much “what” we do, but “why” we do it that matters: That’s Kavanah. That’s Intention.

    Loving Thoughts and Prayers,


Discussion | Share Feedback | Ask a question Comments RSS Feed