2 ms·

is that really true? or is it because a large portion of the global revenue is "parked" outside the US for tax reasons? or due to stock buyback there are not

by pas 4y ago

is that really true? or is it because a large portion of the global revenue is "parked" outside the US for tax reasons? or due to stock buyback there are not much "funds" at all?

dsparkman 4y ago
Yeah, most of these companies park their cash outside the US to avoid having to pay taxes, then borrow money in the US against their assets/stock. It worked great when interest rates were essentially zero. Not so much now.