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You can't really exploit cheap labor and buy huge amount of cheap stuff and then expect those people to not buy anything back from you. And yeah, they'll not be buying the same kind of crap from you that they're manufacturing and selling to you. So they buy land, companies, anything comparatively valuable to them that they can afford.

You can prevent foreigners from buying/owning land/property in US, but that will just lower the value of US dollars held by foreigners significantly and your currency will crash in value.

The foreigners already hold too much US dollars. The ship has sailed. You'll pay either way for enjoying the fruits of cheap foreign labor in the past. It's either devaulation of your currency, or accepting that foreigners will get a piece of US land.



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