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Originally Posted by Mattyk72
cpayne, pulling out 7% would more than just hurt our economy.
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Shatter it though? When I think of our economy being shattered, I think of it being unrecoverable. I think we could recover from 7%. 7% is a high number with their investments being a rather high number at $860 billion. Like I said, most estimates are in the $400-600 billion range, which would put their investments in the range of 3.25-4.8% of total US foreign investments.
The $860 billion figure comes from the book(House of Bush, House of Saud) of the author (Craig Unger) michael moore interviews. The book lists two sources, one of which actually has that figure.