Where do US Multi-Nationals Hold Offshore Cash These Days?

Multi-National

What are US multi-nationals doing with the $2 trillion they keep offshore? Looking at the Securities & Exchange Commission (SEC) disclosures shows that Apple, Microsoft, Google, and Cisco Systems hold about 10% of their offshore cash in US government debt, which earns these companies substantial sums in interest. So they are earning interest in dollars while parking money in federal and agency debt.

Latest Posts

Europe’s Welfare State at Risk

European Central Bank President Christine Lagarde has warned that Europe’s bolstering welfare state is at risk due to its declining economic environment. Lagarde said the EU “will not be able [...]
Read more

Biden Gifts $4.7 Billion to Ukraine

Joe Biden and the entire neocon establishment are working overtime to spur World War III before Trump takes office in January. Biden announced that he would “forgive” $4.7 billion to [...]
Read more

Will Ukraine Split?

Ukrainian intelligence agencies released a serious claim that the Russian Ministry of Defense leaked the Kremlin’s final plan for Ukraine that involves separating the nation into three territories. Interfax Ukraine [...]
Read more