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July 21, 2008

Grits courting Brits.

The cheap dollar lured foreign investors to the U.S. last year for the biggest spree since 2000. Some American investors want that favor repaid. Last week's The Economist: "America’s Confused, and Sometimes Scared, Relationship with Foreign Investors". It begins:

Eight-five Alabamians will descend on Britain on July 13th. Despite the timing, they will not be tourists in garish shorts. This group wears pinstriped suits and includes Alabama’s governor. Their destination is the Farnborough Air Show. Their goal, in flying overseas, is to convince foreign investors to return the favour. [more]

Posted by JD Hull at July 21, 2008 08:58 PM

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