Paul Sorrells

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In other words, the United States is more than 95 percent American owned and less than 5 percent foreign owned. To sum up, the net foreign asset position of the United States has at times been slightly negative, at other times slightly positive, but these positions were always of relatively limited importance compared with the total stock of capital owned by US citizens (always less than 5 percent and generally less than 2 percent).
Capital in the Twenty-First Century
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