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Kuwaiti investors believe in tangibles like gold and property. The mess-up U.S. economy should therefore find moneys from the Middle Eastern Oil states flowing back into the USA again in 2008. Interestingly, the local Kuwaiti retail market is not doing so well. After the original invasion of Iraq by the USA in 2003, Kuwaiti consumers took President Bush at his word and went out shopping—i.e. Happy Days are here again. (They also invested in property big time both in and out of Kuwait.) Now, however, in winter of this 2008 shopping in Kuwait has been down for a quarter—probably due to the fact that Kuwaiti’s with property in the USA took big hits in 2007. http://www.turkishdailynews.com.tr/article.php?enewsid=38927&mailtofriend=1 By the way, foreigners already own half of America’s publicly traded debt and more than 1 and 5 oil producing firms in the USA. Perhaps the Bin Laden family owns a good sized piece of the American pie, too. http://www.rense.com/general14/bushsformer.htm
http://the-teacher.blogspot.com/ KEVIN STODA has been blessed to have either traveled in or worked in nearly 100 countries on five continents over the past two and a half decades. He sees himself as a peace educator and have been a promoter of good economic and social development--making him an enemy of my homelands humongous spending and its focus on using weapons to try and solve global issues. "I am from Kansas so I also use the pseudonym 'Kansas' when I write and publish. I keep two blogs--one with blogger and one with GNN. My writings range from reviews to editorials or to travel observations. I also make recommendations related to policy--having both a strong background in teaching foreign languages and degrees in teaching in history and the social sciences. As a midwesterner, I also write on religion and living out ones faith whether it be as a Christian, Muslim or Buddhist perspective." On my own home page, I also provide information for language learners and travelers http://www.geocities.com/eslkevin/ , http://the-teacher.blogspot.com/ & http://alone.gnn.tv/
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