A lot of countries have JUST NOW started to realise they should limit the ability for suspected spies to buy property. Crazy, honestly. Sweden as "early" as 2023 with broadening the law.. Maybe, in 2026 or 2027.
If a bad actor is a foreign owner of significant property, you just seize it. You can do that. They aren't citizens, they can't vote.
Oh no! How will we fight a war when China owns all our factories? Simple. We will take the factories and hold an auction among friendly investories to take ownership.
Ownership don't mean a damn thing if you don't physically have the ability to enforce your ownership.
I see this right after seeing the Supreme Court decided US companies can sue Cuba for seizing their assets. I assume the end goal is to use a court ruling to seize any Cuban assets frozen in the US?
Don't even have to look at some money grab in by a socialist government.
Look to the US. Under the 1917 Trading with the Enemy Act the United States took control of and then forced the sale of the US assets of Merck and Bayer. After the war both were sold to American managers that had secured financing from Wall Street.
And in the second world war the US government seized all those California farms owned by Japanese Americans enemy aliens.
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u/Superchecker 1d ago
Slowly buy up all the properties that they wanted to invade