It appears that the USA is going to place restrictions on foreign holding by US resid

[Mega]

"It appears that the USA is going to place restrictions on foreign holding by US residents. E.G> Some form of capital controls are going to be introduced as early as end March. (N.B: This will only be for US citizens)"

Came across this on a UK website tonight, anyone hear anything about this or is it nonsence?
Mike

[WDCRob]

Re: It appears that the USA is going to place restrictions on foreign holding by US r

A link would help.

[Rajiv]

Re: It appears that the USA is going to place restrictions on foreign holding by US r

Came across this on a UK website tonight

What web site? post a link

[sadsack]

Re: It appears that the USA is going to place restrictions on foreign holding by US r

AZZIZ! LINKS!









a little 5th element humor . . .

[dbarberic]

Re: It appears that the USA is going to place restrictions on foreign holding by US r

What are they going to do....

Prevent me from investing in the American Europacific fund in my 401K?

[c1ue]

Re: It appears that the USA is going to place restrictions on foreign holding by US r

A legal restriction is probably not the first thing.

The first thing is probably a raising of taxes on income from said category.

Couple that with tax treaty reporting... :eek:

[dbarberic]

Re: It appears that the USA is going to place restrictions on foreign holding by US r

We never did get a response on this from Mega.... where is the linky?