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Re:Who owns the German DAX? [pdf] by imtringued on Tuesday June 22, 2021 @06:38AM (#27590000)
Germany has a trade surplus with the US so Germans would end up buying American stocks.
Re:Who owns the German DAX? [pdf] by tut-urut-utut on Tuesday June 22, 2021 @06:53AM (#27590091)
Germany doesn't have a trade surplus with the US. That's the myth US government spreads regularly to justify protectionism.

The surplus exists only because the biggest digital companies (Google, MS, IBM, FB, ...) are not counted for in the USA-German trade balance.

Re:Who owns the German DAX? [pdf] by adventured on Tuesday June 22, 2021 @09:30AM (#27591362)
There was a $67 billion trade gap, $60b to $127b, between the US and Germany for 2019.

The biggest US digital/tech companies aren't remotely coming close to having enough unaccounted for business in Germany that could fill in $67 billion.

Re:Who owns the German DAX? [pdf] by JumpCrisscross on Tuesday June 22, 2021 @08:50AM (#27590973)
> surplus exists only because the biggest digital companies (Google, MS, IBM, FB, ...) are not counted for in the USA-German trade balance

Do these transactions result in uncounted dollars flowing back to the U.S.?

Re:Who owns the German DAX? [pdf] by tut-urut-utut on Tuesday June 22, 2021 @09:08AM (#27591113)
> Do these transactions result in uncounted dollars flowing back to the U.S.?

Yes, but not directly. Unless you count that all those profits are actually trade surplus with Ireland, Luxembourg and other tax heavens, and not with Germany, France and other countries where those "digital goods and services" are sold.

Re:Who owns the German DAX? [pdf] by merb on Tuesday June 22, 2021 @06:41PM (#27598221)
well isn't most money these internet companies do, put into offshore markets, so neither positive for the us and the eu?
Re:Who owns the German DAX? [pdf] by sedeki on Tuesday June 22, 2021 @09:11AM (#27591143)
Why is that?