<repatriation of billions of US dollars by multinational corporations?.
I have a theory about the post-Dec 8th trend of not running the printing presses full tilt, and actually acting in a somewhat responsible manner. Notice blue returning to trendline, in almost flat fashion:
jessel.100megsfree3.com
There are two intended observers to this: 1. foreign central banks and other foreign USD holders (OPEC, etc) who are threatening a strike, or worse a dump. and 2. to entice multi-nationals to sell currencies for USDs. The later will need two conditions to act on this scam: a stable USD (and not just for a month), and the ability to "cheat" the tax collector. Second is granted, easy enough in a plutocracy, the first (USD stabilization) being attempted. Then once in USD they can fund their company pension funds. However once in a pension fund, I don't think such funding requires only USD based investment? And if so, there is no way to enforce. So much may just get recycled back to foreign markets, making this a difficult operation for the Wizards to pull off. Net net, it's just another tax windfall for corporations and Bully, and will offer only brief respite to the USD, and little help to the US economy.
Meanwhile sounds like three of the wealthiest men in the world, Soros, Buffet, and Gates have laid down the USD gauntlet, and a large chunk of the offside spec anti-USD trade has unwound. That's a couple strikes against the Clown Buck right out of the blocks. |
