<span>Foreign investors owned a greater amount US stocks, bonds, and factories than investors in the US owned of assets in foreign markets.
In 1985, the <em>New York Times</em> reported, "U.S. Turns into Debtor Nation," because a Commerce Department report showed the US "owing foreigners more then they owe it." By that they meant that "foreign ownership of American factories, real estate, stocks and bonds exceeded American ownership of foreign assets."
However, there's another way to look at this picture than the "debtor nation" label. The Heritage Foundation (a conservative group) noted in 1985 that having foreign investors pursuing assets in the United States indicated strong confidence by those investors in </span><span>the </span>American<span> economy. You invest in a country's assets because you think those assets will grow in value. So, becoming a "debtor nation" can be viewed as a sign of economic health in the eyes of the rest of the world.</span>
The Berlin Conference of 1884<span>–85, also known as the Congo Conference (German: Kongokonferenz) or West Africa Conference (Westafrika-Konferenz), regulated European colonization and trade in Africa during the New Imperialism period, and coincided with Germany's sudden emergence as an imperial power. SOURCE: GOOGLE. </span>
In economics, p<span>aper greatly contributed economically during Islam's Golden Age. </span>The Chinese paper making process was more efficient than parchment or papyrus. In politics, Abbasid armies expanded. Arabic was the official language of the empire and as the number of people under Islamic control grew, more people learned it. In social aspect, Al-Ma'mun founded The House of Wisdom in Baghdad.In intellectual part, <span>Al-Razi, a skillful surgeon, is the most well-known of the doctors during Islam's Golden Age. </span>
