American Presidential Politics and foreign affairs Message Board

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Politics : American Presidential Politics and foreign affairs

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To: RMF who wrote (65931)	6/26/2013 9:31:36 AM
From: Peter Dierks	Read Replies (1) of 71588

I have not had the problem of where to put new money. Obamanomics has really hurt my business. It is far more recession proof than most on the low end, but it took out quite a bit of high dollar sales. Australian bank stocks. Anything in Singapore. Do not make new investments in US dollar denominated securities. International stocks are not denominated in any currency. Dollars worthlessness can hurt them, but the gains in foreign investments help offset the US losses. Current onerous US corporate tax rates actually help protect multinational corporations against Obamanomics. Investments won't be repatriated into dollars while corporate tax rates are high.

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