Toledo, Ohio: First Major U.S. City to be Owned by China

- Wednesday, June 27th, 2012

With our future generations at stake, American leaders fear for the fate of our debt-ridden nation. Here's further evidence that China truly is gaining momentum with their colonization of America.

China's investors are buying up an astonishing amount of commercial real estate in Toledo, Ohio these days as Chinese investors become increasingly wealthy while ours struggle to sift for scraps. The problem at hand has put great pressure on various states scattered across the U.S., threatened by Chinese dominance when it comes to property ownership.

Large corporations controlled by the Chinese government have already bought up tons of U.S. oil and gas deposits, valued in the billions. And now they're stocking up on our land too. New York City has been plagued by this dilemma as Chinese investors have snagged luxury apartments and commercial properties in a fury.

Now Toledo faces an uncertain future as China prepares to design and develop a 200 acre “China city” only 40 minutes outside of Toledo...

A Chinese group known as "Sino-Michigan Properties LLC" has bought up 200 acres of land near the town of Milan, Michigan. Their plan is to construct a "China City" with artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens. Essentially, it would be a little slice of communist China dropped right into the heartland of America. This "China City" would be located about 40 minutes from both Detroit and Toledo, and it would be marketed to Chinese business people that want to start businesses in the United States.

Although Toledo is only the fourth largest city in Ohio, it's a coveted location due to its location to two major highways – I75 and I-80/90. The mayor of Toledo, Mike Bell told the Toledo Blade that it was his “vision to make Toledo a true international city.”

To make matters worse, the Fed has given Chinese banks the “okay” to start buying up American banks.

It's official: the trade deficit situation – the root of a majority of our internal economic crisis – has created an extreme imbalance of power between the U.S. and China.

The trade imbalance here in the States is more than 5 times larger than any other country. To date, our nation has a trade deficit of at least 8 trillion dollars since 1975.

China really is beginning to dominate, whether Americans realize and accept it or not. Walk into any toy store, department store, or your local Wal-Mart if you don't believe it. “Made in China” labels undoubtedly cover the racks on the aisles throughout those stores. They give us their goods, and we give them our money. They get richer while we get poorer.

Just ten years ago, we ranked #1 in average wealth per adult. Flash forward to 2010, and we had been kicked back into a shameful 7th place.

Not to mention the jobs crisis at hand: we've lost at least 2.8 million jobs here in America; all because of the trade deficit.

China is selling their good to our people, buying up our property, and even building our bridges. Where does it stop? And what can we do to help stop it?

Unfortunately, the possibilities for China to leave their mark over here seems endless right now while our own potential for greatness is limited due to our financial restraints due to a seemingly unfathomable debt.

With our eroding economy, we simply don't have the money necessary to stop the Chinese colonization of America. Will America soon be enslaved by China?

Wealth Wire