3 ms·
A financial product is ultimately a claim on real assets. That is their essence. Buying stock in an IPO in a multinational corporation based in Taxhavenlandia
by JackFr 5y ago
A financial product is ultimately a claim on real assets. That is their essence.
Buying stock in an IPO in a multinational corporation based in Taxhavenlandia is capitalizing a presumably enterprise which will generate a positive return. I can understand that you might be concerned about capital leaving the country rather than being invested domestically, but I'm not sure you've been advocating capital controls.
- romwell 5y ago>A financial product is ultimately a claim on real assets. That is their essence. Laughs in pump and dump schemes