In a recent discussion with Florida Congressman, concerns were raised regarding the national security threats posed by countries such as Russia and China. The conversation centered on the potential risks associated with certain Chinese and Russian companies trading on major U.S. stock exchanges, enabling American investors to inadvertently support the expansion of these adversaries.
The Congressman pointed out the risks associated with allowing these companies to remain listed on U.S. exchanges, suggesting that it could lead to the funding of entities that pose threats to national security. Specifically, the Congressman advocated for these companies to be delisted, and for measures to block outbound flows of money into these entities from American markets.
One specific example raised was the investment of the military's 401k plan, which has significant assets totaling $800 billion, into the Chinese stock market. The Congressman expressed concerns over such investments, highlighting the need to ensure that American investors are not unknowingly contributing to the wealth of adversarial nations.
Additionally, there were discussions about the current administration's approach to dealing with the aggressive actions of China, with concerns raised about potential compromises and conflicts of interest. The Congressman expressed frustration over what was perceived as compromises in favor of China through climate initiatives, which were seen as benefiting countries like Russia and Iran as well.
Overall, the conversation highlighted the importance of addressing national security threats posed by adversarial countries and the need for stricter measures to prevent unwitting support of these adversaries through financial investments. The Congressman urged individual investors to be vigilant and carefully review their investment portfolios to ensure they are not inadvertently supporting entities that pose risks to national security.
