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Half of Foreign Investors Threaten to Cut Investments in U.S. Due to Washington Budget Discord

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opednews.com Headlined to H3 1/24/13

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The ongoing stalemate in Washington between Republicans and Democrats to forge long-term budget and deficit-reduction solutions has made international investors leery of American markets.

A new Bloomberg poll of 921 subscribers to Bloomberg Professional service revealed that 47% of global investors surveyed said they are reducing their investments in the U.S. as a direct result of "repeated confrontations between the U.S. Congress and President Obama."

More than a third of respondents said the nation's fiscal problems pose the biggest threat to the world economy, while 29% chose Europe's sovereign debt crisis and 15% named China's slowing economy.

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