Global capital is the tail that wags the U.S. economic dog

Re:Global capital is the tail that wags the U.S. economic dog by novok on Friday October 02, 2020 @01:43PM (#24665020)

Try owning US stocks without being subject to US regulations in a foreign brokerage account.

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Re:Global capital is the tail that wags the U.S. economic dog by vkou on Friday October 02, 2020 @02:10PM (#24665316)

For the overwhelming majority of businesses in the world, compliance with US law (To the extent required of them by the US) is vastly easier than it for the overwhelming majority of humans in the world to get a US passport.

There is, however, a very loud minority of people whose business revolves around actively violating US financial laws, who run into problems when they provide their services to the US market.

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