Re: [spiers] Loan for commercial real estate
Yes... first, there has been an export opportunity for loans, sort of a massive
money
laundering scheme where we subidize ag products, machinery and equipment, and
petrochmicals... and people overseas get them cheap, with USA taxpayers on the
hook if
some biz decides not to pay Boeing.
The reverse is commonly true too... so the best way is to just ask if you want
it for yourself
in importing.
Certainly when Bank of Japan interest rates were effectively zero, plenty of
people were
borrowing at zero and investing in treasuries... which explains much of our
economica
situation, since the Chinese are lending to USA the money for us to buy what the
Chinese
make.
Read Rothbard on "What have the Done to Our Money" as a primer, then check out
forbes,
etc, for specific examples of loans from overseas to usa.
On our level, if we use a letter of credit, getting the supplier to agree to a
time draft of say
120 days is in effect getting a japanese loan for we the usa company.
John
John
On Fri, 17 Mar 2006 10:51:12 -0800 (PST), M A Granich
:
> Is there an import opportunity for loans? Can an
> American approach a bank in India or Japan and get a
> commercial loan? Can foriegn banks loan to Americans,
> or are there laws keeping foriegn banks out?
Monday, March 20, 2006
Loan for commercial real estate
Posted in Business strategy by John Wiley Spiers
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