See unfortunately you are looking at it slanted. Toyota opens one plant. 5 american plants that were standing are gone. Also those factories make some jobs but replacement isnt equal or greater. The income from those foreign investments goes out of the country and not in. They are building a factory in vietnam. They arent building planes there now. See the surpressing thing isnt really true. All the people do is buy more. Plus a direct argument is that well using the same principle china increases their production and the supply of goods increases thereby reducing the price. The government is infact getting away with this crazy borrowing cycle. Also what makes you think that the government would report the printing of dollars. The dropping of all of the currency onto the market would not really hurt them. They can unbenchmark their currency against ours. remember their monetary policy is to hold foreign and not let foreign hold theirs. How you ask does it matter if our industries and resources are foreign owned. Well let me try and explain this. All income does not enrich our nation's wealth. It goes to enriching others who in turn are able to reinvest and gain more and more out of us. It is an endless cycle of wealth transfer out of the country.