This is one more reason to see that multinational organizations/corporations will have their stock performance continue higher up…. simple math (they’re worth is reported in US dollars, BUT their wealth is measured in GLOBAL ECONIMIC “UTILS”). Hence, every time the U.S. dollar (currency) takes a dive, the price of XYZ Multinational Corporation valued in U.S. dollars goes up. The stocks charts will look great (not considering the $ depreciation & inflation).
It makes sense, if you could imagine this example. Let’s pick a hypothetical example that XYZ Corp is currently worth a whopping $10 billion in market cap. If discard their performance and look you tight their last few 2-3 years to the $ depreciation, their market cap would be 20-30% lower. This would not make sense since this is still a valuable company, and it is playing on an international arena (multinational corp). If it’s stock value wound’s go up, their competitors or investor from other countries would pick it up/buy it at the decent discount…( $ depreciation).
I guess from an investment stand point, if ONE piggintonian (with a critical eye) analyzes that REAL ESTATE is a bad future investment, vis-à-vis the Globalization, it makes perfect sense. The US isn’t growing much anymore (except the Corporations which may or may not reside here, and have an already downward trend in sales prediction per the ECONOMICAL outlook & growth for the short future 1-5 years……..you already know the reasons: the typical American is in DEBT, and maxed out his/her potential to borrow more). Corporations have little leverage & positive forecast in such markets………HENCE, it is time to move on & capture new markets (indepth the rest of the world). The stocks are leveraged by multinational corporations & US Real Estate is LOCAL (I could hear: location /location/ location). That’s an important fact, but……we’ll see the results in the next 5-10 years……..a house would be even more vulnerable due to the multinational corporations because THESE organizations could PICK UP & leave anywhere there are available & cheap resources to be utilized.
Amazingly, nobody talks about this ECONOMIC SLAVERY as a strategy for the true wealthy of this country & their Corporations. There is astonishing research & books on this subject……& I’d recommend reading it (Imagine this, I found all these articles & book reviews TRANSLATED in other languages, not English & NOT in the US…author: John Perkins). Let me give you some great books & links to open your mind to the machination of the wealthy & their continuous greed:
If you look at the currents trends, the only advantage I might see as IF the US (as a country) becomes the La Jolla / Beverly Hills of the World………. where only the true rich/wealthy are capable to survive w/out any economic impact locally & the rest……as right now we’re seeing…….are suffering more.