Quote:
Originally posted by Ace_of_Lobster
What you are talking about is American and Multi-national (WB, IMF) investment in developing countries, when what we want to look at is more domestic investment in the US and foreign investment in the US.
Im not saying there are no connections between all tese things, but if you want to know about hte US economy, its best to start in the US.
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What we are talking about is the realization that if investment and development in foreign countries is less expensive (or has a higher rate of return) than domestic investment barring a realization of other types of value than the bottom line, then investers will make rational decisions to invest elsewhere despite speculation to the contrary.