July 31,2013

americans seem to have no clue as to what is happening to their country. an Italian-irish person I meet regularly at a chinese restaurant has a clue and so do others I speak to. most of them either don't know or completely ignore the issue.

in terms of real estate, I believe the english, dutch, japanese and other nations have been buying up real estate for some time. high tech corporations like microsoft and google are also investing in real estate. at the same time, the moving of manufacteuring plants to the US for hyundai, toyota, bmw, hyundai means that they are also buying up land, sometimes getting good deals on it.

the premium market in US is dominated by europeans with the exception of estee lauder and some others. prada, gorgio Armani, chanel, ferragami, etc. haugan das, an American premium ice cream entry, I suspect, is not doing as well as before. Loreal has taken over much of the low, middle, and premium beauty products.

Hollywood is still in the unique discount market (compared to musical or broadway plays, movies are cheap) and does very well, but from what I understand, hollywood imposes a quota on foreign films which is actually a smart move. Even if they did not impose a quota though, I think Hollywood movies would still do well.

music industry, pretty much the same story as Hollywood.

fast food restaurants are still dominated by the US, and when you go to S. Korea, you see a lot of fast food restaurants.

Hollywood, the music industry, and fast food restaurants are industries that do well in South Korea and also China I suspect.

The discount retailers whether it is Costco, Wal-Mart, or Amazon online are doing well in America but I don't know how they are doing overseas.

but these industries depend so much on near-slave labor in asia or even in the US as is the case with Wal-Mart.

the car industry is doing mediocre and sometimes above average I suppose. the premium car market is still dominated by Europeans.

the simple picture is that it is mostly American industries in California that are succeeding on a level that is above average. also, most industries in new York now seem to be about money making money... which means it is heavily dependent upon the wealthy.

so what does this mean for America? is more than 50% of the American economy and real-estate eventually going to be owned by foreigners?

This is a curious question to ask because many of the businesses in America have been started by immigrants. Are people in other countries better businessmen than we are?

the tragedy of American business and even general attitude is that americans believe that they can be best at everything. american pragmatism and hard work and innovation could overcome everything.

foreign nations decided to do a few things exceptionally well, those that they believed that they had a strategic advantage in.