7 years ago
3
US companies are 'hoarding' a record $2.5 trillion in cash overseas
The amount of overseas cash is the highest in history, and it is unlikely to come back.
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http://www.businessinsider.com
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The hypocrisy of the US complaining about this is amusing as it actively works to hoover more cash into it's own territory from everybody else, and refuses to share that info with anybody.
I'm no longer even surprised..Which is really sad.
Before 2008 "trillion" was rarely heard. Now it's like what "billion" was in the eighties. Linguistic inflation or devaluation of money?