America’s Foreign Investment Boom

Lou Dobbs, Pat Buchanan and other members of the “panic du jour crowd” are screaming about the coming cataclysm that will be created by “foreigners, buying up America.” What is really going on? What are the implications? We’ll tell you who will win, who will lose, and why.

Global foreign direct investment — so-called FDI — grew to an estimated $1.5 trillion in 2007, according to the United Nations Conference on Trade and Development.¹ The European Union has.....