In an effort to be balanced and pursuant to my previous blog on Cash Hoarders, I wanted to present a thoughtful piece debunking this myth from Naked Capitalism. Here are some of the highlights: In you are not an International Tax Expert, don’t publish article on International Tax Laws: A colleague who is an top
Many have been clamoring for a change to our tax-laws to allow for a repatriation of corporate profits held by overseas subsidiaries of companies based in the US. Part of President-elect Trumps supposed tax discussions is for such tax amnesty. Here why: According to Moody’s, the cash and liquid investments of more than 1,000 US-based
With the stock market rally we have seen since the election results, many markets appear to be pricing in the approval and maximum effectiveness of government stimulus programs (we know how that usually works out!). In fact, Speaker Ryan’s tax cut plan (which President-elect Trump said could be a road map for his eventual plan)
All of that massive infrastructure comes at a cost: the build-up of a debt bubble. One study done by Ruchir Sharma team highlighted nations that saw their private (corporate and household) debt-to-GDP ratio increase by 40 or more percentage points over a period of five years since 1960. These suffered mightily in the succeeding five
China used more cement in three years (6.6 gigatons in 2011-2013) than the U.S. during the entire 20th century (only 4.5 gigatons from 1901-2000), according to a book by Vaclav Smil, a professor of environmental science at Canada’s University of Manitoba. Now that is an infrastructure plan! Stay Tuned, Stay Hedged & Stay Patient! {TJM}