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Wednesday, February 23, 2011

postheadericon Symbolic death of American finance

The liberals should now be very happy. They have finally chased the symbol of American capitalism out of the United States.

Over the past few days the New York Stock Exchange (NYSE) has been negotiating to sell itself to Deutsche Borse, a German company. Over the past decade the number of international IPOs has significantly declined. The number of foreign companies choosing to list their shares on American exchanges significantly declined. This is a direct result of four major trends in our country.

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