“Yes; when $ depreciates, you will see foreigners lapping up IBM, Intel, Microsoft, GE, Boeing etc., Lot of high quality real estate in NYC, Silicon valley, Seattle, Chicago etc., too. Walmart, Target, Costco, many Pharmaceutical companies, consumer products like Proctor, Johnson are all still valuable in a stagnant economy.”
I agree with you that foreign INDIVIDUALS might find purchases in the US appealing – especially if the US dollar is significantly devalued against other currencies
what we are talking about in this thread is the US dollar and US bonds on a national level – individuals making purchases inside the US doesn’t support the dollar or the bond